People and Organizations
Forward-thinking firms are taking advantage of the capabilities of the enterprise knowledge graph to manage the complex relationships between people, companies and legal obligations. The EKG connects data in ways that preserve the precise nature of business relationships enabling you to understand and resolve multiple identities, relationships and analyze patterns for more informed decision-making.
• KYC/AML
• Financial Instruments
• Social Graph
Problem
Understanding and managing the legal and operational structures of the entities that make up our business environment is a foundational building block for many companies. But the business world is not static and the roles, structures and relationships change frequently. Unraveling and verifying all these interconnecting relationships in a volatile world is both resource-intensive and subject to error.
Impact
Significant time and cost searching for relevant data across multiple and disconnected sources of information. Missed relationships introduce risks and an inability to spot fraudulent patterns. Duplication and misalignment of customer records from many source systems inhibit customer service, limit insights that can be gained from analyzing client behavior.
Solution
The EKG connects information about companies and people in ways that align directly with the terms of your business units and operational processes. Multiple identities across disparate repositories can be preserved and resolved. Analyzing business patterns and correlations can support enhanced servicing. And relationships can be examined to uncover opportunities for targeted selling or identifying and reducing risk.
KYC/AML
A retail bank uses EKG to enhance analytic capabilities to meet their know-your-customer (KYC) and anti-money laundering (AML) obligations. They are protecting their business from onboarding high-risk customers by linking legal entity ownership structures, controlling interest relationships and information about political exposure and sanctions.
Financial Instruments
A financial data provider uses EKG to power a smarter API for data on worldwide legal entities and financial instruments. Their users can better understand and navigate the complex relationships between parties, securities, indices and corporate events. This data is also linked to multiple providers’ data sets and those in the public domain enabling a richer, more complete data analysis environment for trading research and data science.
Social Graph
A bank creates a social graph to model information about employees, clients, prospects and their trading and communication activities. The EKG is used to identify people of significant influence based on strength of relationships, organizational hierarchy, type and amount of trading activity and communication. This is used to establish the best lines of communication for key or new clients and to flag suspicious activity protecting the firm from insider trading.