RegTech platform kompany is partnering with Malaysian company information portal, MyData, to increase access to even more of the world’s official company information. With this new agreement, MyData customers will benefit from kompany’s global register network, accessing official company data from more than 115 million companies across 200 countries and jurisdictions.
Subscribe to our Telegram channel to get a daily dose of business and lifestyle news from NHA – News Hub Asia!
MyData users will also enjoy the benefit of kompany’s additional anti-money-laundering compliance services including real-time monitoring for perpetual Business KYC (KYB), PEP & Sanctions lists and Adverse Media screenings and other advanced services. With this integration, MyData’s users can reduce their manual Business KYC (KYB) processes and enable a frictionless digital onboarding journey for their own clients, regardless of where they are located and continuously monitor clients throughout the customer life cycle.
For kompany, this partnership marks an important next step in expanding our global register network to the benefit of our clients around the world. “Earlier this year we increased our footprint in Asia by integrating Japan’s National Tax Agency with our network and now, through this partnership with MyData, our clients gain access to Malaysia’s official company register”, explained Russell E. Perry, CEO and co-founder at kompany. “This is excellent news for our existing clients in Asia, especially those in Singapore and throughout the ASEAN region who require official company documents and information from Malaysia.”
Mr. Sheriza B. Zakaria, CEO at Big Dataworks added, “To serve our own customers more thoroughly, we needed a partner with unrivalled coverage and competitive technology built into its service. With the rampant Macau Scam and money laundering cases reported recently, it is high time for the authorities and commercial sector to give a closer look to these organisations and identify the culprits behind it. No other provider can offer the depth, breadth and veracity of data that kompany offers. We are proud to align on our common goals of transforming the way companies fulfil their compliance requirements and look forward to continuing to expand our partnership.”