Government & Compliance
Stay aligned and ahead with open financial and regulatory data
In today’s high-stakes regulatory environment, government agencies, watchdogs, and compliance teams are under pressure to detect risk in real time. Open financial and legal data provides the transparency needed to enforce sanctions, monitor politically exposed persons (PEPs), and flag suspicious activity before it escalates. Here’s how it’s being used across the public sector:
Real-Time Sanctions List Monitoring
A national trade enforcement agency was struggling to keep up with the velocity of global sanctions updates, often reacting days after high-risk individuals or entities were added to watchlists.
To solve this, the agency implemented an automated pipeline that integrated open financial data and international sanctions feeds. Daily updates from OFAC, EU, UN, and other authorities were cross-referenced with internal vendor and client databases.
This allowed compliance teams to catch restricted entities within hours of listing, leading to immediate suspension of pending transactions and heightened scrutiny on associated records.
Screening PEPs in Government Procurement
A federal procurement office overseeing infrastructure and defense contracts wanted to reduce reputational and legal exposure from awarding deals to politically exposed persons or their associates.
Using open financial and political data sources, they created a centralized screening dashboard to flag vendors tied to current or former PEPs, even through indirect ownership or familial links.
The tool helped block two multi-million-dollar awards linked to questionable overseas actors and became a core requirement for future RFP evaluations.
Detecting Sanctions Evasion Through Beneficial Ownership
A regional anti-money laundering task force suspected that local shell companies were being used to route payments on behalf of sanctioned firms. Traditional due diligence tools didn’t surface the ultimate owners.
By integrating open beneficial ownership registries with cross-border sanctions data, investigators traced overlapping directors and subsidiaries back to a sanctioned telecom conglomerate.
This enabled the task force to initiate legal action, freeze assets, and prevent further fund flows—setting a national precedent for proactive sanctions enforcement.
Enhancing Audit Readiness for Public Sector Compliance
An internal compliance unit within a national treasury department needed better transparency into how sanctions compliance protocols were applied across its agencies. Spot checks alone weren’t enough.
They built a reporting layer powered by open sanctions and PEP data, monitoring how frequently agencies updated vendor risk profiles and responded to watchlist changes.
This visibility surfaced gaps in response time and triggered new training requirements—ensuring audit trails were robust, up-to-date, and defensible across all departments.
With real-time access to global sanctions intelligence and open financial data, compliance teams can go from passive enforcement to proactive governance—reducing risk, increasing accountability, and defending institutional integrity.
