Dow Jones Launches Risk & Compliance Financial Instruments to Tackle Investment Screening Challenges

Dow Jones, a global leader in news and business information, has unveiled its latest innovation, the Risk & Compliance Financial Instruments.

The new venture is poised to elevate and streamline pre- and post-trade investment screening in response to the escalating complexity of the regulatory landscape.

The financial services industry faces a growing challenge in identifying sanctioned entities and their associated instruments.

NYSE is the biggest stock exchange in the world and is located at 11, Wall Street, New York City, USA. NYSE has 2400 listed companies which include many blue-chip companies like Walmart, Berkshire Hathaway Inc, J.P. Morgan Chase, etc. Credit: Twitter.
NYSE is the biggest stock exchange in the world and is located at 11, Wall Street, New York City, USA. NYSE has 2400 listed companies which include many blue-chip companies like Walmart, Berkshire Hathaway Inc, J.P. Morgan Chase, etc. Credit: Twitter.

Dow Jones, which is owned by News Corp, has introduced the R&C Financial Instruments solution, integrating best-in-class risk entity data with unparalleled securities mapping from BIGTXN.

This powerful combination empowers firms to comprehensively screen their entire investment portfolio against more than 50 jurisdictions, identifying entities owned or controlled by sanctioned subjects.

Key features of Dow Jones Risk & Compliance Financial Instruments include: sanctions data from 52 jurisdictions globally, covering major sanctioning bodies.

It also includes entities owned or controlled by subjects sanctioned by the U.S. Office of Foreign Assets Controls (OFAC), the EU Commission, and the UK HM Treasury; screening of over 104 million financial instruments across five types of instrument identifiers: ISINs, CUSIPs, CINs, SEDOLs, and FIGIs along with securities coverage across all asset classes, including equity, debt, exchange-traded funds (ETFs), and derivatives.

The new technology from BIGTXN consolidates and enriches these datasets, creating a structured, customisable solution seamlessly integrated into customer trading and portfolio management platforms.

Each instrument is linked to the corresponding entity profile ID in Dow Jones Risk Center Financial Crime, facilitating streamlined match reviews and investigations.

Continuously refreshed and updated daily, this solution instills confidence in customer decision-making.

Joel Lange, Executive Vice President, and General Manager of Dow Jones Risk & Research emphasised the timeliness of the product launch, stating, “As the world grapples with economic uncertainty and rising geopolitical tensions, sanctions and investment screening are in the spotlight like never before—and the costs for non-compliance are growing.”

In collaboration with BIGTXN, Dow Jones takes pride in presenting a unique and powerful product that streamlines compliance with global sanctions and regulations, reinforcing the integrity of the financial ecosystem.

Haider Mannan, CEO of BIGTXN, expressed enthusiasm about the partnership.

“As the volume, range, and complexity of sanctions continue to grow, financial instrument screening has become a critical necessity for the compliance workflow,” Mannan said.

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