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IPSA International and Complinet Form Strategic Partnership to Minimize Risk for Financial Services Industry

Posted on: Friday, 5 December 2008, 14:40 CST

NEW YORK, Dec. 5 /PRNewswire/ -- IPSA International, Inc. (IPSA), an international investigative consulting firm, announced today a strategic partnership with Complinet, the leading provider of dynamic and connected risk and compliance solutions to the global financial services industry. The partnership will mutually benefit both firms by offering clients an all-inclusive risk vetting and enhanced due diligence solution to minimize a company's risk exposure.

The combination of Complinet's Global Screening(TM) product suite, which connects a firm's due diligence, anti-money laundering and anti-fraud activities in a unified risk-based approach and IPSA's investigative expertise and global resources, creates both a complementary and comprehensive due diligence solution. The intent of the relationship is to bring a more streamlined solution to the due diligence requirements of Complinet's clients.

Under the agreement, Complinet's clients receive access to IPSA's global investigative capability. IPSA's resources deliver enhanced due diligence services to address compliance requirements with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations under the USA PATRIOT ACT and the Bank Secrecy Act.

"We are thrilled to launch our relationship with Complinet and honored they selected IPSA as their partner. Complinet has shown a continued dedication to provide the most comprehensive solutions to their clients - this relationship is just another example," said Dan Wachtler, IPSA's President & CEO.

Chris Pilling, Complinet CEO said, "This relationship with IPSA further strengthens our offering to our clients helping them perform improved detailed due diligence for individuals and companies."

About IPSA International

IPSA International, Inc. is an international risk advisory firm which provides clients in the corporate, financial and legal communities with high-end investigative consulting services. IPSA's preferred practice areas are: Anti-Money Laundering, Asset Location, Intellectual Property, Fraud Investigations and Due Diligence services.

About Complinet

Complinet is the leading provider of dynamic and connected risk and compliance solutions to the global financial services industry.

The company's solutions minimise exposure to risk by providing the information and technology to track and connect live external events, such as regulatory or sanction changes, with internal policy management and screening activities.

Complinet was founded in 1997 and has offices in New York, London, Sydney and Dubai. Every day, industry professionals in more than 1,600 firms across 81 countries rely on Complinet to provide information, analysis and solutions that help them keep pace with changing regulations.

Contact: Jillian Bernaiche 602-889-1626

SOURCE IPSA International, Inc.

Source: PR Newswire

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