Arachnys aggregates business information from emerging markets to help companies increase opportunities and reduce risk in complex markets. Arachnys uses domain expertise from the security and investigative industry alongside innovative spidering and scraping technology to identify high-value information buried in the deep web and make it searchable and accessible to businesses. The client case of Arachnys includes investment banks, hedge funds, law firms, accountants, and risk consultancies.
PRODUCTS & SERVICES:
The platform allows due diligence professionals to process AML, KYC, and other compliance checks in seconds while opening up emerging market data for research which would previously have taken days or even weeks to compile and review. Arachnys provides two different products: Arachnys D3: The platform enables businesses to automate their workflows in order to match their internal processes. The platform also helps the companies to conduct KYC/AML/EDD checks at a faster rate. The platform also generates auditable reports that can be showcased as evidence of the existing processes. Arachnys Investigator: The platform covers around 215 regions for news coverage and identifies peaks in them. It also helps businesses to Identify Politically Exposed Persons (PEPs) and monitor sanctions against entities. The custom configuration feature enables businesses to export and download evidence and tag the search results for the purpose of categorization.
Dow Jones - To deliver enhanced due diligence tool.
Arachnys' data includes 16,000 sources across 220 countries, and is industry-leading in emerging markets.
MEDICI analysts will analyze Arachnys soon
Insufficient information for accurate analysis
DATE OF LAST FUNDING:
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Th company will use the funds to accelerate it's product R&D, expand go-to-market efforts and further develop strategic partnerships integrating its cloud platform within established compliance and on-boarding platforms. (Oct. 2018)