The Situation
Our client, a global corporation, provides global legal entity data, collected and maintained with processes consistent with the stringent standards required by today's risk management and regulatory compliance legislation. Its sales and marketing activities focused on London, Europe and New York, and its data operations spread through a number of locations worldwide. In order to focus on its business, our client was facing with a few changes, such as collection of different data from different countries, translation of non-English information, date entry, etc.
The Solution
Cosoft worked as a back office to provide detailed business entity and hierarchy information collected in data centers around the world. According to the requirements of our client, we processed the data they needed via original primary sources and registration documents. The data was collected, verified, conformed, populated in English, and maintained using rigorous, documented processes and procedures.
We provided the database maintenance service for the company including periodic data cleansing and checking, system stability testing and other accessorial services needed to keep the data effective and valid and put the system in gear.
Parts of data we collect and provide:
- Entity name
- Entity addresses
- Tel and fax numbers
- Taxpayer ID
- Regulatory numbers
- Description
- Ratings
- Hierarchy
The Result
- Updated database with high quality and accuracy
- Greatly cutting down operational cost more than 40%
- Reduce translation mistakes and understanding gap of Chinese and Japanese owning to our language advantage
- Improve on core working process and data processing
- Daily data entry staff was set free to develop new business
中文版 
English
