GDC Is the Only EIDV and Business Verification Platform That Provides Verified, Locally Sourced, Non-stored, Compliant Match Rate Data from 40+ countries
GDC was acquired by the London Stock Exchange Group (LSEG) on May 31st, 2022.
LSEG is a leading global financial markets infrastructure and data provider and plays a vital social and economic role in the world’s financial system.
The acquisition solidifies LSEG as a market leader in global Digital Identity and Fraud solutions – combining GDC with the existing capabilities of GIACT and Qual ID, and the broader suite of Customer & Third-Party risk solutions.
The combination of capabilities allows LSEG to support customers to manage their financial crime and regulatory risk throughout the customer lifecycle and enables user-centric digital workflows through digital identity, risk screening, payment account verification, enhanced diligence, and digital onboarding solutions. This combination helps customers confidently remove friction in their customer experiences.
The addition of GDC to LSEG’s proprietary capability set is the most recent demonstration of LSEG’s ongoing commitment to investment in the high growth of Customer & Third-Party Risk business and focus on supporting clients to manage their customer and third-party risk, reduce fraud and provide seamless digital user experiences. LSEG’s investment in GDC will enable the acceleration of GDC’s aims to strengthen the breadth and depth of the existing capabilities and develop enhanced solutions in the KYB and UBO space.