PADUCAH, Ky., May 15, 2017 – In an effort to enhance its customers’ ability to mitigate the risk of doing business with politically exposed persons (PEPs), Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has integrated data from Dow Jones Risk & Compliance into its WatchDOG® Elite platform, a robust watch list screening solution. Customers using the platform can now elect to screen against the Dow Jones PEP list as part of a comprehensive compliance program.
Dow Jones Watchlist provides one of the industry’s most proven, effective global PEP lists for sanctions screening, which is why CSI selected it for inclusion in its WatchDOG Elite platform. The list has been seamlessly integrated into WatchDOG Elite’s user interface, offering both real-time and bulk-screening capabilities.
“PEP screening has become essential, as organizations are increasingly required to know who they are doing business with and what risk exposure an individual may represent,” said Paul Koziarz, group president for CSI Regulatory Compliance. “With the inclusion of Dow Jones data in WatchDOG Elite, users can make more informed business decisions and establish controls to ensure they do not unknowingly assist in hiding or moving the proceeds of corruption associated with PEPs.”
As users screen data against Dow Jones Watchlist, their results are incorporated into the WatchDOG Elite interface, allowing them to more easily facilitate due diligence activities and utilize specific value-added features of Dow Jones’ data, including relationships and profile analysis. Additionally, the PEP list screening can run alongside OFAC and other watch lists through the WatchDOG Elite engine for a comprehensive view of customer risk.
"As our customers continue to face challenges with optimizing screening and meeting regulatory requirements, we are delighted to integrate into CSI's world-class screening solution," said Joel Lange, managing director of Dow Jones Risk & Compliance.
CSI’s WatchDOG Elite platform serves as a comprehensive restricted party screening solution for companies across a wide variety of industries.
About Computer Services, Inc.
Computer Services, Inc. (CSI) delivers core processing, managed services, mobile and Internet solutions, payments processing, print and electronic distribution, regulatory compliance and treasury management solutions to financial institutions and corporate customers across the nation. Exceptional service, dynamic solutions and superior results are the foundation of CSI’s reputation and have resulted in the company’s inclusion in such top industry-wide rankings as the FinTech 100, Talkin’ Cloud 100 and MSPmentor Top 501 Global Managed Service Providers List. CSI’s stock is traded on OTCQX under the symbol CSVI. For more information about CSI, visit www.csiweb.com.