SHORT HILLS, N.J.--(BUSINESS WIRE)--As businesses face an increasingly stringent global regulatory climate, Dun & Bradstreet (NYSE:DNB), the world’s premiere source of commercial data and insight, today announced the expansion of the Know Your Customer (KYC) and Customer Due Diligence (CDD) solution D&B Onboard™ in U.S. and Canadian markets. Currently available in Europe, D&B Onboard™ integrates the company’s database of over 240 million global commercial records with compliance-specific sanction screening, giving businesses a robust view of customers from a compliance risk perspective.
“In an increasingly complex and transparent global environment, companies are challenged to balance growth with more stringent compliance requirements. Knowing who you are doing business with is now a mandate and doing that manually is costly and fraught with errors. Companies need an automated and accurate way to solve these challenges,” said Laura Kelly, Chief Product Officer, Dun & Bradstreet. “As companies face increasingly rigorous regulatory requirements, they require a fool proof way to centralize information within a single application. D&B Onboard™ helps companies vet customers and prospects, safeguarding them from doing business with inappropriate entities."
D&B Onboard™ is designed to help organizations streamline KYC and CDD decisions and help mitigate regulatory, reputational and financial risk in a centralized and agile workflow environment. Providing customers with access to current and relevant information, the solution lowers risk exposure by ensuring the thorough verification and screening of prospective customers. The ability to digitally document cross-functional due diligence activities gives D&B Onboard™ customers the benefit of quickly responding to auditors and regulators.
D&B Onboard™ is the latest in D&B’s suite of compliance solutions, which includes Compliance Check, a global anti-corruption and bribery screening and workflow platform.
The launch of D&B Onboard™ in North America reflects the company’s continued commitment to deliver innovative, global solutions that serve new customer needs and evolving market conditions.
For more information about D&B Onboard™, please go to www.dnb.com/onboard.
About Dun & Bradstreet® (D&B)
The Dun & Bradstreet Corporation is the world's leading source of commercial data, analytics and insight on businesses. Our global commercial database contains more than 240 million business records. We transform commercial data into valuable insight which is the foundation of our global solutions that customers rely on to make critical business decisions.
D&B provides solution sets that meet a diverse set of customer needs globally. Customers use D&B Risk Management Solutions™ to mitigate credit and supplier risk, increase cash flow and drive increased profitability, and D&B Sales & Marketing Solutions™ to provide data management capabilities that provide effective and cost efficient marketing solutions to increase revenue from new and existing customers.