In response to the recent
Which? Report, Robert Iles says, "SeatChoice.com
welcome's the Which? Report, raising the curtain on transparency
in the entertainment tickets market. In many instance the consumer
is either being misled or ripped off and there is little or no transparency
in the market. This is no truer than on the Internet where there
are now over 3 million websites worldwide claiming to sell theatre
tickets for London shows. But, it does not have to be that way there
are also plenty of legitimate agents out there selling at sensible
prices and sometimes at a discount. The problem for the customer
is that it is often difficult to track these suppliers down. SeatChoice.com
solves that problem by doing real time ticket comparison across all
major agents. The site clearly states the face value of the ticket
and the actual price the consumer will pay. What's more, it concentrates
on listing tickets from official agents, always telling you the agents
status, and avoids the touts which trade online".
Robert adds, "The
danger for consumers lies in not knowing who they can trust when
searching for that, 'must have' ticket,
and risk falling in to the hands of the touts. SeatChoice.com seeks
to clarify this hitherto murky area and for the first time offer
real choice, making their entertainment experience much safer and
ultimately more enjoyable.
For more information
please visit http://www.seatchoice.com |
|
Know-Your-Customer and
Anti-Money Laundering specialist, Datanomic, today announced
record customer adoption and market penetration
of its award winning dn:Director Sanctions & PEP (Politically
Exposed Persons) Screening software. Fuelled by increasing anti-money
laundering legislation, reputational risk and best practice guidelines,
Datanomic has provided screening software for approximately one
billion customer records to date, and is the trusted platform of
choice in the financial services market to help mitigate risk,
avoid multi million pound fines, and help safeguard the reputations
of some of the world’s most respected companies.
dn:Director Sanctions & PEP Screening software is now the
platform of choice for fifty percent of the UK’s top 10 Asset
Management firms, the UK’s largest VC/Private Equity firm,
major credit card issuers, as well as the largest Financial Third
Party Administrator in the UK. Datanomic’s anti-money laundering
solution is now installed across the four continents of Europe,
Africa, Asia and the Americas. Furthermore, market penetration
has now expanded outside of the traditional financial services
sector and now includes large customer implementations in the mobile
money sector with Vodafone - the largest mobile money brand – and
is also rapidly gaining market share in other industry sectors.
Our success in the financial
services sector continues to rank us as the leading AML screening
solution and platform of choice
for some of the most respected names in the financial markets,” said
Dr Jonathan Pell, CEO of Datanomic Ltd. “We are seeing other
industries, such as airlines, telecommunications, energy and utilities,
Government and the legal sector wanting to become more vigilant
in screening employees, contractors, suppliers, partners and associates
against Sanctions, money laundering, crime, terrorism and politically
exposed persons (PEP) databases due to the nature of their businesses.
All of the issues surrounding Know Your Customer regulations are
equally relevant to many companies outside of the financial services
sector, which is why we are now seeing significant traction in
other markets to comply with legislation and avoid hefty financial
penalties. Know Your Employee and Know Your Supplier have become
equally important requirements for all organisations to manage
business and reputation risk. Datanomic’s dn:Director Sanctions/PEP
Screening software is a third generation solution which has earned
a reputation for stability, reliability and scalability -from the
desktop to the data centre. It has become synonymous with best
practice client screening.”
Regulatory initiatives,
such as Basel II, MiFID, the 3rd EU Money Laundering Directive
and the USA PATRIOT Act, have placed stringent
information management requirements on Financial Services and other
organisations. Money Laundering Reporting Officers (MLROs) face
increasing Know Your Customer challenges. The scale, complexity
and cost of screening customers against published sanctions lists
(‘Watch Lists’) and Politically Exposed Persons (PEP)
lists is becoming a major operational burden for compliance departments.
The legal requirement to continually and accurately screen their
customer base presents organisations with new operational challenges.
Traditional matching methods have proven inadequate and Datanomic
offers a smarter, more sophisticated approach.
Datanomic’s dn:Director Sanctions & PEP
Screening software enables organisations to rigorously, accurately
and systematically
identify heightened risk entities within their customer bases(s).
It relieves the burden of manual or semi-automated client screening
by enabling automated screening in an easy-to-use/easy-to-implement
solution purpose-built for Compliance.
Compromised data exposes organisations to both financial and reputational
risk. Datanomic includes powerful screening rules to match against
both commercial and regulatory body/Government watch lists and
has worked with leading financial institutions to deliver a highly
intelligent data matching solution that is designed for ease of
use by non-technical users.
In addition to significantly
reducing complexity and administrative overhead, Datanomic’s dn:Director Sanctions & PEP Screening
software delivers industry best practice, providing a base from
which management can develop tailored policies and procedures appropriate
to their business. By reducing the amount of manual matching required,
Datanomic’s solution frees up resources to focus manual effort
on more complex tasks. Moreover, improving the effectiveness of
enterprise data applications further enhances corporate performance
and competitive advantage.
Datanomic’s Sanctions & PEP
Screening solution can deliver a rapid return on investment and
fast implementation. The solution
can be acquired either on an annual subscription basis or via outright
purchase.
For more information please
visit http://www.datanomic.com |