Long-standing SIRA client Nottingham Building Society has enhanced its regulatory compliance and added the Dow Jones Watchlist data service.

The additional service was adopted to assist the building society in meeting the updated Money Laundering Directive introduced earlier this year, and recent Anti Money Laundering regulations.

The Watchlist offers comprehensive profiles of high risk individuals and entities, giving clients the critical data needed to reduce the risk of penalties and reputational risk.

Nottingham Building Society has been a client for four years and signed up to take the full SIRA service in 2015. Integrating the Dow Jones data service within SIRA enables in-depth screening of Politically Exposed Persons their relatives, close associates and linked organisations.

Hosted by Synectics, the Dow Jones Watchlist data set is updated daily and matching is automated within SIRA.