New technologies tackle the UBO verification challenge

Regulated businesses, governments and anti-corruption investigators need to know who they're really dealing with behind complex company structures. But, identifying and verifying ultimate beneficial owners (UBOs) or 'persons of significant control' remains a significant challenge. Steve Lamb of Kyckr reports on how technology is being used to assist and speed the process.

Steve Lamb is chief operating officer of Kyckr, which uses primary source company data to provide businesses with solutions to reduce the risks associated with counterparty relationships: www.kyckr.com.

Regulated businesses, governments and anti-corruption investigators need to know who they're really dealing with behind complex company structures. But, identifying and verifying ultimate beneficial owners (UBOs) or 'persons of significant control' remains a significant challenge. Steve Lamb of Kyckr reports on how technology is being used to assist and speed the process.