Data quality experts partner with Experian to tackle the rise of UK Financial Crime.

A desire to reduce the risk of financial crime is behind an exciting new partnership between leading CRM data quality experts DQ Global and Experian, the global information services company.
The collaboration will provide clients easy to use solutions, to prevent the risk of UK financial
crime (FinCrime), thanks to the integration of Experian!s KYC data with DQ Global's suite of no
code fintech products. In turn, this allows FCA-regulated organisations to mitigate financial crime
and achieve compliance.
Through this strategic partnership, Experian and DQ Global have launched DQ Compliance, a
joint solution which enables the power of Experian's FinCrime data to be used within clients' own
data ecosystems. The solutions enable a robust view of businesses, what they do, and the people
behind them to help understand the compliance risk quickly.
Financial crime has risen significantly in recent years, with 2-5% of Global GDP estimated to be
from money laundering. Fines totalling £10.8 billion due to FinCrime were handed out in 2020 and
money laundering is estimated to cost the UK more than £111 billion a year. Recognising the importance of combatting illicit financial activity, Experian and DQ Global have combined the former's incredible data utilisation and capabilities into the latter's innovative Microsoft product
suite.
Speaking about the partnership, Experian's director of FinCrime Market Engagement Grant MacDonald said: "This is incredibly exciting and will transform the accessibility and speed of SMEs
detecting and mitigating the impacts of financial crime resulting from incomplete, inconsistent,
and incorrect customer data."
Martin Doyle, CEO and founder of DQ Global, added: "We are excited to tackle the rise in financial
crime through our combined forces with Experian and look forward to using our new DQ Compliance solution to help clients reduce costs and FinCrime risks."

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About DQ Global
DQ Global is an award winning software company with over 25 years experience in Customer
Data Quality Improvement. We are committed to providing excellent software solutions and en-
suring the highest quality customer experience. Specialising in, secure, future-proof, easy-to-use
solutions to help businesses make better-informed business decisions.
Back in the 1990s in the heart of the dotcom boom, our founder Martin Doyle, identified that poor
data quality was the number one bottleneck for the adoption of the emerging customer/contact
management technologies. We have been at the forefront ever since.
Our mission is to empower organisations worldwide to achieve more with their customer data.
Learn more at www.dqglobal.co.uk.
About Experian
Experian is the world's leading global information services company. During life's big moments -
from buying a home or a car, to sending a child to college, to growing a business by connecting
with new customers - we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to
make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent
identity fraud and crime.
We have 20,600 people operating across 43 countries and every day we're investing in new technologies, talented people, and innovation to help all our clients maximise every opportunity. We are
listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.
Learn more at www.experianplc.com or visit our global content hub at our global news blog for the
latest news and insights from the Group

This release was published on openPR.