Kharon, a provider of research and data analytics covering global security threats that impact finance, is now part of the Temenos Exchange, the marketplace of fintech solutions for more than 3,000 banks and financial institutions worldwide.
Kharon says that the integration of its data and analytics solutions provides Temenos customers with access to insights designed to power their financial crimes and trade compliance programs.
Kharon offers datasets which flag potential direct or indirect exposure to sanctioned persons or jurisdictions. Users will also have access to Kharon’s web-based search tool to check if customers, counterparties, vendors, or suppliers are associated with persons subject to sanctions or other export restrictions.
Victoria Lumb, Head of Sales at Kharon, stated:
“Kharon takes financial crimes compliance control frameworks beyond basic screening of sanctioned actors, enhancing them with critical insights into a range of global security threats. We are delighted to join Temenos Exchange and to begin working with customers on the core functions of their Financial Crimes Compliance programs, including customer and transaction screening, KYC, and investigations.”
Adam Gable, Product Director – Financial Crime, Treasury and Risk, Temenos, said that pre-integrated with Temenos’ own Financial Crime Mitigation, Kharon’s broad datasets will help investigators uncover hidden connections and manage false positives.
