Quavo, Inc. Announces Partnership with NominoData

Announce a collaboration to provide Due Diligence, Compliance and Risk Data for Financial Services

September 12, 2016, Incline Village NV—Quavo Inc. and NominoData LLC announce a collaboration to provide Due Diligence, Compliance and Risk Data for Financial Services Quavo Inc. and NominoData LLC have agreed to collaborate in providing data information to financial institutions that are utilizing Quavo solutions for the implementation of the Pega KYC application and the P7 platform. Quavo is a certified Pega partner.

The collaboration provides a unique combination of professional BPM services and application by enhancing the implementation with world-class data that is critical to due diligence and compliance regulations. The data sets include Global Negative News/Adverse Media, Sanctions/Watch lists and PEPS. This NextGen application affords the financial institution with exceptional value and flexibility to access and utilize critical data as an integral part of their workflow.

Richard Jefferson CEO of Quavo said, “Quavo strives to deliver PEGA based accelerators, applications and services necessary for banks to meet their compliance challenges around Know Your Customer (KYC), Know your Vendor (KYV) and Know Your Employee (KYE). By including data provided by NominoData we close the information gap divide often found in disparate technologies spread across the bank enterprise that inefficiently manages risk relevant data”.

“NominoData is excited to collaborate with Quavo to help them deliver PEGA applications in a form that includes access to world class data. The result is an effective and efficient design empowering the financial institution to address Know Your Customer (KYC) requirements,” added Rob Goldfinger, President of NominoData LLC. This collaboration will be featured by NominoData at the ACAMS 15th annual AML and Financial Crimes conference being held September 26-28 in Las Vegas.