BIGTXN Partners with LSEG Risk Intelligence to Enhance Sanctions Transparency

BIGTXN and LSEG Risk Intelligence Join Forces

Big news in the financial data sector as BIGTXN, a leading provider of screening data solutions for pre- and post-trade monitoring, announces a new partnership with LSEG Risk Intelligence. This collaboration aims to enhance transparency in sanctions compliance—a critical issue for financial institutions navigating complex regulatory environments.

The Rationale Behind the Partnership

In today’s world, financial institutions face increasing scrutiny regarding their compliance with sanctions imposed by various global authorities. The combination of BIGTXN’s robust data processing capabilities and LSEG’s comprehensive risk intelligence solutions is expected to create innovative products tailored specifically for financial service providers. By pooling their strengths, both companies aim to address the growing demands for effective risk management and regulatory compliance.

Enhancing Product Offerings

The focus of this partnership is to develop new products and integrate services that will significantly improve the effectiveness of sanctions screening. Utilizing LSEG’s World-Check, a flagship solution in their portfolio, will provide extensive sanctions coverage. This offering will be crucial for businesses that must adhere to regulatory standards while minimizing the risk of financial crime.

“As we align our strategic goals and technical expertise, we are excited to collaborate with LSEG Risk Intelligence. This partnership represents a significant milestone in our growth strategy, and we’re confident it will create great opportunities for innovation and service enhancement for our clients,” said Haider Mannan, CEO of BIGTXN.

Creating Informed Decisions

Chris Moyser, the strategy lead at LSEG Risk Intelligence, added, “By merging our expertise in sanctions intelligence with BIGTXN’s proven strength in data processing, we are opening new avenues to enhance risk filtering capabilities. Together, we empower clients to make more informed decisions with increased accuracy and confidence.”

About BIGTXN

BIGTXN operates at the forefront of data surveillance and screening solutions for pre- and post-trade processing. Through its specialized data management platform and matching algorithms, BIGTXN emerges as one of the largest processors of security data, delivering high-quality financial insights that cater to the needs of financial institutions globally.

For those interested in learning more about BIGTXN and its offerings, visit BIGTXN's official website.

In conclusion, this partnership signifies a crucial step towards addressing the complexities associated with sanctions compliance in the financial sector, ensuring that institutions remain vigilant and responsible while executing their financial operations. With BIGTXN and LSEG Risk Intelligence working together, the future looks promising for enhanced sanctions transparency.