Baker Tilly International Chooses World-Check to Strengthen its International AML Compliance Procedures

LONDON, September 17, 2010 /PRNewswire/ -- Baker Tilly International, the world’s 8th largest accountancy and business advisory network, today announced it will make World-Check’s "Know Your Customer" Online Service (KYC) available to its 147 members after a competitive review of its existing AML compliance provisions.

According to Baker Tilly International Chief Operating Officer and Technical Director, Paul Ginman, "We believe it is in our members interest to review constantly their anti-money laundering compliance requirements. Providing access to World-Check’s service across our global network allows our members to enhance their processes of identification of new clients."

World-Check research has been trusted by compliance teams from around the world for the last decade. With 49 of the world’s top 50 banks, 9 of the top 10 accounting firms and 25 of the world’s top 100 companies already using its products and services, World-Check continues to experience growing demand from a broad range of sectors including real estate, extraction, pharmaceuticals and aviation, as well as financial services. Presently, over 30,000 compliance and legal professionals across more than 160 countries depend on World-Check.

"Baker Tilly International members operate in a highly regulated environment with an international footprint, and are ahead of the curve in recognising the importance of client screening. We are delighted that they recognise the value in extending their use of the World-Check online service, " said Daniel Peak, CEO of World-Check.

"World-Check products and services enable thousands of companies across all sectors to avoid unwittingly becoming accessories to illegal activity. We are proud that so many world-class organisations rely on us to help them identify the nature and identity of their clients."

About World-Check

Trusted by more than 4,500 institutions in over 160 countries, including 49 of the world’s top 50 banks, World-Check offers an end-to-end solution for assessing, managing and remediating financial, regulatory and reputational risks. World-Check’s global database of Politically Exposed Persons (PEPs) and heightened risk individuals and entities, due diligence reports, passport verification and country risk assessment tools provide the means to address the full spectrum of risk across all markets and industries.

Represented across five continents, World-Check’s international research team monitors emerging risks in more than 50 languages, covering over 240 countries and territories worldwide.

About Baker Tilly International

Baker Tilly International is the 8th largest accountancy and business advisory network in the world by combined fee income of its independent members. Its members specialise in providing accountancy and business services to entrepreneurial, growing businesses worldwide.

    http://www.world-check.com

    For more information contact:

    Clare Warren
    Tel: +44-207-647-8500
    Fax: +44-07540-875141
    [email protected]

SOURCE World-Check