Sayari Labs – the leading provider of beneficial ownership and financial intelligence in emerging, frontier, and offshore jurisdictions – has recently partnered with Cedar Rose International Services Ltd, a specialist information provider, focused on company data within the Middle East and Africa (MEA), to further enrich Sayari’s global financial and commercial intelligence platform.
“Trustworthy corporate ownership data in complex jurisdictions like UAE, KSA, and Egypt has presented a challenge to enterprise financial crime compliance programs in the past; we’re excited to announce this partnership and the additional value that it will unlock for our growing userbase. Sayari’s automation and graph analytics features are only as good as our underlying data and we firmly believe that the ability to automatically traverse corporate hierarchies across MEA will augment our traditionally strong coverage of Latin America, Eurasia, and offshore financial centers”, Benjamin Power, COO, Sayari Labs, Inc.
Financial institutions, multinational corporations, and providers of risk mitigation services are facing unprecedented pressure as they seek to effectively scale financial crime compliance and reputational risk programs across their global footprint. Sayari and Cedar Rose, respectively, have been at the forefront of this shift by providing the highest quality commercial and public records data coverage powering analytical decision-making and enabling business leaders to make the right choice in complex environments.
“Cedar Rose are very proud to partner with Sayari Labs to bring our unique and broad coverage of company, director and shareholder data for the Middle East and North Africa (MENA) to their clients. It is our mission to provide excellent quality, reliable and innovative business intelligence services, that promote ethical, compliant and secure global trade. Linking our data with that of Sayari’s will enable the Fortune 100 corporations and financial crime regulators they serve to gain invaluable insights into corporate structures in MENA and to trace ultimate beneficiary ownership across borders,” Antoun Massaad, CEO, Cedar Rose Intl. Services Ltd.
Cedar Rose, a previous National Winner in the European Business Awards for Digital Technology, also provides corporate and credit data to Bureau Van Dijk and Creditsafe under long term agreements signed over recent years. The company’s particular expertise in translating, transliterating and linking data for the MENA region has enriched the global corporate information and beneficial ownership tracing landscape. The company also recently established Cedar Rose Data DMCC in Dubai, United Arab Emirates to expand its global KYC and KYB identity verification services and also has offices in Cyprus and Lebanon.
From financial intelligence to anti-counterfeiting, and from free trade zones to war zones, Sayari powers cross-border and cross-lingual insight into customers, counterparties, and competitors. Sayari products are designed for open source intelligence analysts and corporate risk management professionals in a variety of financial crime prevention and third-party risk management roles, where the stakes are high, time is limited, and accuracy is critical. Founded in January 2015 by investigative journalists, data scientists, and former members of the US intelligence and regulatory communities, Sayari supports a wide array of government, financial sector, and multinational clients in over a dozen countries on five continents. We empower our clients to glean insights from vast datasets that we collect, extract, enrich, match and analyze using a highly scalable streaming data pipeline.
About Cedar Rose
Established in 1997, Cedar Rose Int. Services Ltd has been leading the field for credit reporting, business intelligence and investigative due diligence for the Middle East and North Africa. Since 2016, we have been expanding to offer a trusted global service for business information and data, delivered using the latest technology. Putting our clients at the forefront of every decision we make, we offer a first class, bespoke and highly flexible service with access to the world’s largest database of business information for the MENA region. Whether you need credit analysis, compliance, AML, KYB or KYC solutions, Cedar Rose gives you the data to make confident business decisions.