CDDS, the leading AML solutions provider from Luxembourg and operating throughout Europe, is glad to announce a new collaboration with LexisNexis® Business Insight Solutions.
The two parties will be working together so that they can add value to the market of anti-money laundering (AML) services. In particular, the joint effort will allow CDDS’s clients to access Lexis®Diligence through their own CDDS solutions.
“LexisNexis®’s interest in CDDS confirms the robustness and quality of CDDS’s products, as LexisNexis provides one of the best due diligence solutions available on the market.
“CDDS’s success is due to our development of unique global AML risk management solutions that reflect the needs of the market. The fact that our clients will now have access to Lexis®Diligence through our own solutions constitutes a real boon to their compliance efforts. For too long, the market has considered due diligence to be only about PEP and negative news screening, forgetting the aspect of KYC. However, this trend now seems to have come to an end. In my eyes, Lexis®Diligence is the best due diligence tool I have worked with in all of my past compliance activities. It allows a thorough due diligence investigation on clients and their businesses and I am very pleased to be able to offer this added value to our current and future clients,” says Philippe Lassine, CDDS CEO.
