FOR IMMEDIATE RELEASE
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09 Oct 2013, London –– CounterpartyLink has been chosen by Oddo Asset Management, one of France’s leading Asset Managers, for the provision of legal entity data and supporting services. CounterpartyLink will assist Oddo Asset Managementin supplying validated and auditable legal entity information that is critical for KYC and screening processes, as required by national and international regulation.
Financial institutions across the globe are constantly improving and adapting their operational processes to meet increasingly stringent regulation and achieve new levels of accuracy, efficiency and compliance within KYC processes, including EMIR and the 4th European Directive.
Tanguy Gossein, Oddo Asset Management’sCompliance Director and MLRO, said: “Asset Managers have a constant requirement to ensure the accuracy and completeness of Legal Entity data to support the continual improvement of our...