This partnership is a major step toward improving AML and digital compliance solutions globally.

The purpose of the collaboration is to support SmartSearch's digital compliance offerings, especially in the area of immediate international individual verification. By utilizing LSEG's extensive global data base, SmartSearch is now able to guarantee more reliable identification verification procedures in more than 40 countries, greatly bolstering the worldwide effort to combat financial crime.

Fast and thorough customer checks are made possible by SmartSearch's cutting-edge platform, which simplifies AML and digital compliance through electronic verification, sanction screening, and real-time monitoring. On the other hand, LSEG Risk Intelligence offers unmatched identity match rates and insights thanks to its vast data set that is sourced from many sources, including governments, credit agencies, and utility companies.

As it works to grow its clientele and services, which now includes a sizable number of financial services, real estate, legal, and accounting organizations in the UK, this relationship is a critical step forward for SmartSearch. SmartSearch's ability to handle the difficulties of validating foreign individuals—who are frequently viewed as high-risk because of historically inadequate verification procedures—is improved by the integration with LSEG's data.

The synergistic aspect of this relationship is highlighted by LSEG's commitment to provide comprehensive, high-quality worldwide data and SmartSearch's commitment to innovation in AML and compliance solutions. With this partnership, the bar for identity verification and digital compliance will be raised, resulting in a more secure and safe international financial environment.

The importance of this collaboration was emphasized by Fraser Mitchell, technical director at SmartSearch: "People who live abroad are frequently seen as having more risk, but they also typically have the lowest degree of verification.

"We have joined with LSEG because they offer the best local global data available, obtained from their vast network of data providers, providing completely comprehensive data coverage across the globe. They have the highest individual identification match rates in the industry and the most comprehensive local comprehension of the data. Our horizons are expanding as our firm grows, which is an exciting development for both our clients and us.