Moody’s Corporation has agreed to acquire anti-money laundering and know-your-customer data and due diligence services provider Regulatory DataCorp (RDC). The $700 million deal was announced on January 23 and according to the press release, the deal strengthens Bureau van Dijk’s (BvD) compliance solutions, which is its fastest growing segment. Moody’s acquired BvD in 2017.
Stated in the press release: “The deal deepens BvD’s information portfolio and analytical capabilities by adding RDC’s unique, comprehensive dataset…RDC’s proprietary Global Regulatory Information Database (GRID) helps companies assess counterparties through a lens of more than 60 risk types by examining over 120,000 global sources, including adverse media coverage, politically exposed persons, government sanctions and regulatory watchlists.”
