Taming Unstructured Data

Deriving metadata from unstructured information in document form helps support know-your-customer compliance

Mark Kalen, director of product marketing, Intralinks

Two units of the US Treasury, the Financial Crimes Enforcement Network (FINCEN) and the Office of Foreign Assets Control (OFAC), collect lists of sanctioned parties and information on transactions in which they are potentially involved, for enforcement of anti-money laundering (AML) and know-your-customer (KYC) rules governing financial markets. To comply with these rules, which reverberate globally, firms need "look-through capability," says Mark Kalen, director of product marketing at Intra