BIGTXN and LSEG Risk Intelligence Collaborate to Boost Sanctions Transparency

Collaborating for a Greater Cause

BIGTXN, a leader in screening data solutions for pre- and post-trade monitoring, has announced a groundbreaking partnership with LSEG Risk Intelligence, focusing on developing cutting-edge products tailored for the financial services sector. This collaboration is particularly significant as it seeks to enhance the transparency surrounding sanctions, a critical area of compliance for financial institutions worldwide.

The partnership is designed to leverage the strengths of both BIGTXN and LSEG Risk Intelligence in creating advanced sanction screening solutions. By aligning their strategic goals and combining technical expertise, the two companies aim to develop novel products and integrate services that significantly improve the effectiveness of sanctions compliance.

At the core of this initiative lies the LSEG-World-Check. This essential tool from LSEG Risk Intelligence provides comprehensive sanctions coverage, helping organizations meet regulatory obligations while enabling them to effectively manage risks associated with financial crime. This partnership enhances BIGTXN’s offerings, as they are already recognized for their high-quality financial data processing capabilities. Their specialized data management platform and matching algorithms position them as one of the largest providers of securities data in the financial industry.

Haider Mannan, CEO of BIGTXN, expressed enthusiasm over this partnership, stating, "We are thrilled to collaborate with LSEG Risk Intelligence. This partnership represents a significant milestone in our growth strategy, and we believe it opens up new opportunities for faster innovation and better support to our clients."

On the other hand, Chris Moyser, Chief Strategy Officer at LSEG Risk Intelligence, reflected on the benefits of this alliance, saying, "By combining our extensive expertise in sanction information with BIGTXN’s solid foundation in securities data, we are unlocking new avenues to enhance our clients' risk screening capabilities. Together, we empower our clients to make more informed decisions with greater precision and confidence."

As sanctions compliance increasingly becomes a stringent requirement for financial firms, this partnership positions both companies at the forefront of providing exceptional data-driven solutions for risk management. Clients can expect innovations that not only simplify compliance requirements but also enhance operational efficiency in their financial monitoring processes.

With BIGTXN’s comprehensive data solutions for monitoring and screening throughout the pre- and post-trade lifecycle, alongside LSEG’s market-tested risk intelligence tools, clients can feel assured of navigating the complex landscape of sanctions with improved clarity and confidence.

For those interested in learning more about BIGTXN and their offerings, additional information is available on BIGTXN's website. The innovative solutions derived from this partnership promise to redefine standards within the financial services sector by significantly enhancing sanctions transparency and compliance methodologies.

This collaborative effort signifies a notable evolution in the financial services landscape, paving the way for smarter, data-driven decision-making and robust compliance frameworks across the industry.