Financial Institution Solutions 

As cross-border business activities continue to grow, economic and financial integration in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is deepening. 

Ensuring the lawful and compliant exchange of credit data between Hong Kong and the Mainland has long been a challenge. Enterprises must strike a balance between data transparency, regulatory compliance, and risk control. 

Dun & Bradstreet introduced a targeted and comprehensive data solution, enhances transparency in cross-border credit assessment, facilitates more informed credit decisions and accelerates cross-border financing processes while strengthening financial risk management. 

First Horizon Bank is a leading regional financial services company with more than $85 billion in assets, offering a variety of services, including commercial, private bank, consumer, small business, and capital markets.   

With the rapid acceleration of data-driven technologies in the financial services market, they knew it had to be bold with its transformation program and knew that data was going to be central to the program. 

D&B services were foundational in bringing the FirstHorizon360 vision to life. D&B Connect data management solution was the first step to structure and enrich its data, while D&B Hoovers helped deliver connected experiences for commercial clients. 

A state-owned bank is committed to finding its position and comparative advantages in the domestic and international dual circulation, focusing on the development of eight business segments such as technology finance, green finance, inclusive finance, and cross-border finance, positioning itself for global and comprehensive development. Among them, customer due diligence is an important issue for the rapid growth of each business segment.

The bank is required to identify and verify the identities of customers and their ultimate beneficial owners (UBOs) to meet AML/CFT regulatory obligations. It must enhance transparency of corporate information, strengthen risk assessment and ongoing risk management, and mitigate risks of money laundering and terrorist financing. For complex and multilayered corporate structures, it is challenging to automatically identify, trace, and assess ownership and control relationships.

Dun & Bradstreet provided the bank with global corporate data to support its AML/CFT‑aligned due‑diligence requirements for cross‑border and multinational entities. Through structured and intuitive data, the bank can obtain a comprehensive view of domestic and overseas corporate linkages and beneficial ownership. This enables more effective CDD/KYB assessment, reduces manual workload, lowers compliance costs, and accelerates the overall due‑diligence process.

With the globalization of the financial market, while promoting the convenience and liberalization of global cross-border investment activities, cross-border trade and other financial activities, global financial risk factors have become increasingly complex, diversified, more concealed, and contagious. In this complex and changing global financial environment, commercial banks need to further strengthen and improve country risk management to promote their stable and healthy development.

The bank has a branch network in major countries and regions worldwide and has initially established a country risk management system that matches its own business scope and scale. However, it has always lacked effective country data to support relevant qualitative and quantitative considerations, so as to update the risk assessment of countries or regions more timely and accurately.

Dun & Bradstreet provided the bank with a country risk report service, helping it greatly improve its data acquisition ability for country risk management, build a scientific, effective, intuitive, and reliable country risk assessment system, and achieve the unity of its own management needs and regulatory compliance value.