The latest technology news in the wealth management sector from around the world.

Dow Jones
Dow Jones has unveiled Risk & Compliance Financial Instruments, a pre- and post-trade investment screening solution. The rollout comes as the task of identifying sanctioned instruments and linked instruments has become more onerous.

The offering combines Dow Jones’ data with securities mapping provided by BIGTXN. Firms can screen their investment universe against more than 50 jurisdictions and entities owned or controlled by sanctioned subjects.

Coverage includes sanctions data from 52 jurisdictions globally, including the major sanctioning bodies; entities owned or controlled by subjects sanctioned by the US Office Foreign Assets Controls (OFAC), the EU Commission and the UK HM Treasury; more than 104 million financial instruments screened across five types of instrument identifiers, and securities coverage across all asset classes including equity, debt, exchange-traded funds (ETFs) and derivatives.

“As the world grapples with economic uncertainty and rising geopolitical tensions, sanctions and investment screening are in the spotlight like never before – and the costs for non-compliance are growing,” Joel Lange, executive vice president and general manager, Dow Jones Risk & Research, said.

(This publication recently interviewed Lange about Dow Jones’ work in the compliance field.)