Refinitiv partners with Japan’s Sansan to combat organized crime groups


Sansan selects Refinitiv’s World-Check to enhance its cloud-based business solutions


Media OutReach – 16 April 2020 –
Sansan Inc., Japan’s leading cloud-based business card management service
provider has partnered with Refinitiv to provide World-Check to its customers to
enhance screening and support the government’s efforts to combat “anti-social
forces (ASF)” or organized crime groups.


the partnership with Sansan, which serves over 6,000 customers across the
country and became Japan’s largest IPO within the technology sector in 2019,
Refinitiv aims to help Japanese businesses to streamline their business
practices in a new era of digitalization.


Utilizing Sansan’s card management solution, customers can scan
business cards and store highly accurate digitalized information that instantly
gets screened against ASF data from Refinitiv’s World-Check database. Sansan’s
customers are acknowledged straightaway and able to reduce exposure to
compliance breaches while unburdening from costs associated with manual
operational checks.


Refinitiv World-Check Risk Intelligence database delivers
accurate and reliable data that assist clients’ in their decision-making
processes. It employs hundreds of specialist research analysts across the
globe, who adhere to stringent research guidelines when collating information
from reliable sources – such as watch lists, government records, and reputable
media publications.


“Anti-social Forces” is a euphemism
in Japan for organized crime and considered a serious threat to businesses. According
to the Japanese government, ASF are defined as groups or individuals who pursue economic interests using
violence, power and deception. The government set guidelines to counteract damage caused
by ASF in 2007. Since then the government has also made significant efforts to
combat the issue with the Japan Financial Intelligence Center (JFIC) of the
National Police Agency highlighting in its latest annual report[1]
that the reported number of suspicious acts is still increasing. The government
has been pursuing its firm stance against ASF and requiring business operators
to tighten compliance measures.


“We are proud to provide this risk Intelligence powered by Refinitiv
as an option within Sansan Plus through cooperation with Refinitiv. We are able
to realize this new initiative thanks to the integration with World-Check. Our
users have expressed great satisfaction in being able to access such services.
We will continue to enhance the value we provide to our users through our joint
efforts with Refinitiv,” said Mr. Masamune Onaka, Manager of Sansan Plus Department, Sansan Inc.


proud to work with Sansan to support their efforts against stamping out
financial crime in Japan. The government’s focus on fighting organised crime
groups means it’s critical for organizations to deploy advanced compliance
technologies with reliable and trusted data. These efforts prevent the entrance
of crime related proceeds from criminal activities. Leveraging our strong presence in the Japan market, Refinitiv
successfully strengthens risk management practices to meet regulatory
compliance across the financial industry and increasingly large enterprises and
business communities,” said Marcelo Hiratsuka, Head of Risk Market Development, Japan
at Refinitiv.

[1]Japan Financial Intelligence Center, ‘2019 Annual
Report on Prevention of Transfer of Criminal Proceeds’ 5 March 2020, p. 32,

About Sansan Inc.

“Turning encounters into
innovation” is the company’s mission. The Sansan cloud-based business card and
contact management system for businesses, and the Eight business card app for
individual businesspeople are how it achieves this mission. The company’s services
in Japan and overseas form a business card-based business platform. For more
information visit:

About Refinitiv

Refinitiv is one of the world’s largest providers of financial
markets data and infrastructure, serving over 40,000 institutions
in approximately 190 countries. It provides leading data and insights,
trading platforms, and open data and technology platforms that connect a
thriving global financial markets community — driving performance in trading,
investment, wealth management, regulatory compliance, market data management,
enterprise risk and fighting financial crime. For more information

Refinitiv partners with Japan’s Sansan to combat organized crime groups - Brand Spur