As strong advocates of collaboration, Acuminor are proud to announce their new partnership with RedCompass Labs, to jointly illuminate and reduce the financial crime risks our customers are facing.
RedCompass Labs specialises in helping financial institutions deliver profitable, secure, end-to-end payment and financial crime services and solutions. Deeply committed to opening the doors of finance to all and protecting those who enter, RedCompass Labs are dedicated to disrupting financial crime and particularly modern slavery, human trafficking and child sexual exploitation. To this end, they have developed the RedFlag Accelerator, the gold standard of MSHT and CSE typologies for the financial services sector.
RedCompass Labs’ Jonathan Bell “We are very pleased to partner with Acuminor to look for opportunities to help financial institutions to not only understand their financial crime risks (particularly those related to modern slavery, human trafficking and child sexual exploitation) but to also be able to conduct their risk assessments in a more efficient and effective way.”
Acuminor’s Harriet Shaw “We are privileged to be working with RedCompass Labs, together we will be able to deliver more value to our joint customers. Acuminor are able to provide a framework and methodology to help customers identify their financial crime threats and RedCompass Labs bring the deep expertise in how to detect and prevent those identified risks. We are particularly keen to explore joint projects to help jointly reduce human trafficking and modern slavery activity.”
For more information about RedCompass Labs, visit their website.
The methods used by criminals is constantly evolving and each organisation faces different risks as a result. With help of expertise and powerful technology, Acuminor’s risk analysis platform provides unique insights into threats and risks from money laundering, terrorist financing and sanction violations. This enables you to know your risks and reduce them before it’s too late.