How to Do Business with Handshakes’ Corporate Intelligence

In today’s complex and interconnected global marketplace, the ability to navigate potential risks and ensure compliance is crucial to achieving sustainable success. Organisations across all sectors face an increasing barrage of complexities, from evolving regulatory landscapes to the ever-present threats of financial crime and reputational damage.

To mitigate these challenges and foster secure business practices, access to incisive corporate intelligence is no longer a luxury but a fundamental necessity. Let’s explore how Handshakes, a data analytics company in Singapore, can empower organisations with business transparency, ultimately leading to enhanced risk management and clearer visibility.

KYC & Due Diligence

A foundational pillar of safe business conduct lies in robust Know Your Customer (KYC) and due diligence processes. In an era where financial crime is becoming increasingly sophisticated, relying on outdated, manual methods leaves organisations vulnerable.

Handshakes APP and its accompanying API provide a powerful framework for streamlining these critical operations. By leveraging intelligent automation, organisations can significantly reduce the manual burden associated with both initial customer onboarding and ongoing monitoring, leading to enhanced efficiency, greater accuracy, and faster turnaround times for crucial compliance checks.

Furthermore, the platform provides real-time access to official company registries across Singapore, Malaysia, Vietnam, Thailand and China, ensuring that the information relied upon is current and authoritative. As an authorised ISP (Information Service Provider) of ACRA, Handshakes provides direct access to reliable Singaporean corporate data.

Beyond data retrieval, Handshakes’ relationship mapping technology excels at unravelling complex ownership structures and identifying often-obscured connections between entities and individuals. Imagine trying to manually trace a company’s ownership through layers of shell corporations – a time-consuming and error-prone task. By visualising these intricate networks, Handshakes APP aims to highlight potential conflicts of interest or indicators of potential money laundering and fraud that might otherwise remain hidden.

The latest Bulk Entity & Batch Request feature on the Handshakes APP further enhances efficiency for due diligence software users, enabling them to download comprehensive business profile reports in bulk — a significant improvement over the tedious and time-consuming traditional methods of individual report downloads.

For regulatory compliance purposes, particularly in understanding the ultimate control of a company, features such as the Legal Beneficial Map and Investee Map provide clear visualisations of beneficial ownership. These capabilities are invaluable for risk and compliance, investigation, and internal audit teams seeking to conduct thorough KYC solutions and due diligence checks.

Private Markets

While public company data is readily accessible, gaining clear, actionable insights into private markets, particularly in Asia, presents a unique set of challenges. Handshakes addresses this need with its comprehensive private market data offerings through Handshakes DATAMART and Handshakes XPERT.

Handshakes provides extensive access to private company data across key Asian economies, including Singapore, Malaysia, Vietnam, Thailand and China, as well as capital markets data from Singapore and Malaysia. This rich dataset enables businesses to gain a deeper understanding of this vital sector.

A significant advantage of Handshakes lies in its ability to combine private and public data, offering an enhanced level of visibility across the entire market landscape. This integrated approach enables business intelligence agency professionals and researchers to derive their own aggregated data for various purposes, including in-depth market research, identifying potential new ventures, and conducting comprehensive competitor and industry analyses.

Furthermore, the availability of bulk private data empowers companies to extract and customise specific data fields according to their unique reporting requirements, streamlining internal processes and facilitating tailored analysis.

For more specific needs, Handshakes XPERT offers customised research and reporting capabilities, providing in-depth insights tailored to the unique demands of corporate finance and M&A activities. This access to detailed private market data is invaluable for credit companies, researchers, data analytics firms, and financial services institutions operating in the Asian market.

AI & Technology Solutions

Beyond core data access and mapping, Handshakes leverages cutting-edge AI and technology solutions to provide even deeper insights and enhance business safety. Handshakes FUSE plays a critical role in this by enabling the secure integration of a client’s private data with Handshakes’ extensive public datasets.

This capability is particularly crucial for organisations operating in highly regulated industries, as Handshakes FUSE is designed to handle the transfer of sensitive data across a spectrum of security requirements, from highly secure air-gapped environments to cloud deployments. This allows for more comprehensive and context-aware risk assessments without compromising data security.

Handshakes SEER, a powerful NLP technology, further augments analytical capabilities. It can efficiently process and understand vast quantities of unstructured data, such as financial reports, company announcements, and press statements, extracting pertinent information and insights into market trends, potential risks, and compliance-related matters.

ScoutAsia, a news monitoring solution powered by Handshakes’ technology, serves as a prime example of SEER in action, allowing users to stay informed about critical news events and potential reputational risks associated with entities they are monitoring. These AI compliance tools provide government agencies, research institutions, forensic studies, and other highly regulated industries with advanced capabilities for risk mitigation and informed decision-making.

Build a Safer Business Future with Handshakes

In conclusion, Handshakes offers a robust and multifaceted suite of solutions meticulously engineered to empower organisations in today’s complex business landscape.

From streamlining crucial KYC and due diligence processes through its advanced mapping technology and direct access to authoritative data, to unlocking the potential of private market data in Asia and leveraging the power of AI through solutions like Handshakes SEER and FUSE, Handshakes provides the tools necessary to navigate risks effectively.

By offering unparalleled business transparency and the ability to uncover critical, often unseen connections, Handshakes enables business intelligence professionals, risk & compliance teams, corporate finance experts, and many others to make more informed decisions, ultimately fostering a safer and more secure environment for conducting business.

Explore the diverse capabilities of Handshakes and discover the right fit for your specific needs in building a more transparent and resilient organisation.