#Japan #Minato #Open Inc. #RoboRobo #Compliance Check

RoboRobo Compliance Check Upgrades with Bankruptcy Database

Open Inc., a subsidiary of Open Group Inc. based in Minato, Tokyo, has introduced a significant enhancement to its RoboRobo Compliance Check tool by integrating a bankruptcy information database from the official government gazette. This upgrade allows users to easily verify not only information related to antisocial forces and reports but also details regarding personal bankruptcies, civil rehabilitation, corporate rehabilitation, and special liquidations with just a click.

Background of the Integration

Recently, there has been a growing demand from users of RoboRobo Compliance Check for more robust tools to assess credit and bankruptcy risks, particularly in industries where such evaluations are crucial. Notably, the following sectors have expressed increased interest in utilizing these features:

• - Financial Institutions: Bankers can use the tool to check credit and bankruptcy risks during loan and guarantee examinations.
• - Real Estate Companies: Entities need to check for bankruptcy during tenant applications and contracts to prevent disputes and eliminate antisocial forces.
• - Leasing and Finance Companies: These firms can evaluate creditworthiness at the time of new applications or contract renewals.
• - Publicly Listed Companies' Legal Departments: There is a pressing need for enhanced internal compliance systems and monitoring of business partners.
• - Human Resources Departments: Organizations aspire to review candidates' credit, bankruptcy, and antisocial behavior risks to facilitate safer employment decisions.

RoboRobo aims to visualize risks from three perspectives: antisocial, credit, and bankruptcy. By expanding its database to include bankruptcy information, the tool ensures comprehensive assessments are possible with just one click, benefiting both individuals and corporations.

Overview of the New Features

With this implementation, companies can now centralize the previously fragmented tasks of compliance checking, bankruptcy history verification, and credit research into the RoboRobo system. This integrated approach allows for seamless access to critical information.

Note that there will be a review process for using this feature.

Anticipated Use Cases for the New Features

• - Financial Institutions: Verify the credit and bankruptcy risks of borrowers, guarantors, and executive candidates.
• - Real Estate Firms: Conduct credit assessments, antisocial force checks, and bankruptcy evaluations during tenant applications and sales contracts.
• - Leasing and Finance Companies: Evaluate the creditworthiness of clients for contract continuity and new applications.
• - Domestic Monitoring Departments: Strengthen internal monitoring systems and conduct risk analyses when preparing disclosure materials.
• - HR Departments: Use the tool to assess the bankruptcy and antisocial behavior risks of candidates and executives for safer hiring prospects.
• - Vendor and Representative Investigations: Check a business owner's creditworthiness when entering new transactions or renewing contracts.

Through this, companies will now have the capabilities to comprehensively assess antisocial, credit, and bankruptcy risks from both corporate and individual perspectives.

Future Outlook

Open Inc. is committed to furthering the integration of comprehensive risk information systems that combine credit, legal, antisocial, and reputational data. The company aims to enhance its databases while promoting a platform for compliance checks.

About RoboRobo Compliance Check

RoboRobo Compliance Check is a cloud-based compliance tool used by over 9,000 companies, specially designed for antisocial checks. Key features include:

1. Extensive Database Search: Users can access information sources including newspapers, the internet, social media, credit information, the World-Check database, and antisocial databases in a single tool.
2. Cost-Effective Performance: The service offers highly competitive pricing, starting at approximately 300 yen per check, tailored for regular and bulk checks.
3. Integration with Various Services: Smooth API and RPA integrations allow for custom workflows for different companies.
4. Unique Features with AI/LLM: Functions such as AI attention level assessment and article summarization/analysis facilitate efficient decision-making.
5. Comprehensive Contract Management: Users can visualize the status of active contracts, aiding continuous transaction risk management.

For more detailed information, visit the RoboRobo service site.

Company Overview

Clover Network Inc.

• - Website: clovernetwork.co.jp
• - Location: 34th Floor, Shiroyama Trust Tower, 4-3-1 Toranomon, Minato, Tokyo
• - Founded: February 6, 1990
• - Established: January 27, 2000
• - CEO: Masatomi Yoshida
• - Capital: 95,000,000 yen
• - Business: Offers various information services using the internet, database construction, software development, consulting, and equipment sales.

Open Inc.

• - Website: open.co.jp
• - Location: 3rd Floor, KDX Nishishinbashi Building, 3-3-1 Nishishinbashi, Minato, Tokyo
• - Established: July 2013
• - CEO: Takeshi Ishii
• - Capital: 30,000,000 yen
• - Business: Provides information processing services utilizing smart robots (RPA, AI), consulting, outsourcing, digital marketing, and online advertising.