CounterpartyLink Launches Client Off-Boarding Service
CounterpartyLink, a vendor of legal entity data, has launched a new service that helps financial firms identify clients and counterparties they no longer do business with so that the firms can improve efficiency and cut costs by removing the entities' records from their databases.
As part of the new client off-boarding service, CounterpartyLink validates firms' client lists against primary sources—including those of registration authorities, regulators and tax agencies—to verify whether the
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