Oct 23, 2023
Company update
Kharon Unveils Pioneering Solution For Sanctioned Securities Risk Management
By Kharon Staff
Today we are pleased to unveil our innovative new Sanctioned Securities solution. This unique capability merges Kharon's unrivaled sanctions ownership research with ISIN and CUSIP securities identifier information, fund holdings data, geographic revenue data, and reference and corporate action data.
Recognizing the escalating complexities in today's regulatory environment, our Sanctioned Securities solution provides financial institutions with the most comprehensive, detailed, verifiable, and up-to-date data on securities that may be directly or indirectly subject to sanctions. This benchmark-setting offering elevates the effectiveness of sanctions, pre-trade transaction monitoring, exclusions, and financial crimes compliance for the financial industry.
Recognizing the escalating complexities in today's regulatory environment, our Sanctioned Securities solution provides financial institutions with the most comprehensive, detailed, verifiable, and up-to-date data on securities that may be directly or indirectly subject to sanctions. This benchmark-setting offering elevates the effectiveness of sanctions, pre-trade transaction monitoring, exclusions, and financial crimes compliance for the financial industry.
"The banking and investment management industry requires the highest quality data and analytic tools that enable robust compliance, precise risk management, and well-informed decision-making. Kharon is proud to finally meet this need, working in collaboration with our partners in financial crimes compliance."
"Kharon's Sanctioned Securities solution is truly transformative. By synthesizing Kharon's sanctions expertise, ISIN and CUSIP securities identifier information, fund holdings data, geographic revenue data, and reference and corporate action data, we empower our clients with a clear, up-to-date, and comprehensive view of their possible exposure to sanctioned securities," said Kharon's Chief Client Officer, Howard Mendelsohn. "For the first time, the banking and investment management industry has a tool that enables robust compliance, precise risk management, and well-informed decision-making for sanctioned securities."
Learn more at kharon.com/data/sanctioned-securities.
Learn more at kharon.com/data/sanctioned-securities.
What's new at Kharon
C-Suite leaders, national security policymakers, and experts in legal and regulatory compliance convened in London to discuss the crucial role of risk management innovation amidst unprecedented global conflict.
New solution gives the banking and investment management industry the data they need to confidently and efficiently address a key challenge in risk management, pre-trade transaction monitoring, exclusions, and financial crimes compliance.
CBP's officers will gain access to Kharon's platform to support CBP Forced Labor and Trade enforcement and investigations.