Ripjar, a company specializing in AML risk management technology for financial institutions and global organizations, has announced a strategic partnership with RZOLUT, a RegTech innovator in data and diligence. This collaboration will integrate RZOLUT’s global datasets into Ripjar’s dynamic risk screening platform, expanding the data options available to Ripjar customers.
Ripjar’s platform is designed to be data-agnostic, allowing users to combine datasets from multiple industry-leading providers. The integration of RZOLUT’s ContentStream engine into Ripjar’s technology stack will provide additional insights through global and niche datasets, including hard-to-find information. This is intended to enhance screening capabilities by offering additional context to identify and manage risk.
By combining Ripjar’s AI-powered risk management technology with RZOLUT’s diverse datasets, which span 238 jurisdictions and 120 languages, the partnership aims to enable users to identify and manage risk more effectively while minimizing false positives.
Tom Obermaier, CEO of Ripjar, stated, “Core to our data-agnostic strategy is the ability to consume and integrate the very best data assets available, providing our customers with the ability to generate the most comprehensive risk profiles. Our partnership with RZOLUT reflects this open approach to data, and will deliver an exciting expansion of choice for Ripjar customers.”
Sarabjeet Singh, RZOLUT Founder and CEO, added, “Our partnership with Ripjar allows us to bring exceptional value to top-tier banks, financial institutions and corporates. By integrating our cutting-edge data assets with Ripjar’s industry-leading technology, we will deliver transformative solutions that meet the challenges of an increasingly complex risk landscape.”
Ripjar focuses on using AI to convert large volumes of data into actionable insights for risk detection. RZOLUT is a RegTech firm that provides data intelligence, with datasets covering 238 jurisdictions and 120 languages, designed to support AML risk mitigation.
