WOW DATAFEEDS

Flexible and bespoke WOW Data Feed Services enable automated integration of Who Owns Whom’s extensive and reputable content sets into clients’ internal CRM, Procurement, Risk, Compliance or other management systems. Benefits include:

• Enriched business intelligence;
• The maintenance and currency of critical data sets;
• Optimal data structuring and hygiene;
• The corroboration of information supplied by clients / suppliers; and
• Cross-ownership and cross-directorships amongst clients / suppliers are highlighted.

Legislation in South Africa follows the international trend of maintaining accurate information on suppliers and customers. Recent relevant legislation includes:

• New Companies Act of 2008;
• B-BBEE Amendment Bill 0f 2012;
• Financial Intelligence Centre Act of 2016; and
• Preferential Procurement Regulations of 2016.

While the objectives of these laws are to support the global fight against corruption and money laundering and the local objectives of supporting SMMEs, their implementation also achieves operational efficiencies and maximises the benefits of sales, marketing and supply chain management efforts.

KYC and the BEE scorecard are two key drivers for clients using WOW Data Feed Services which encompass:

• Comprehensive profiles on 15,000+ companies, 10% of which are stock exchange-listed and the balance private companies or multinationals, operating in more than 280 key industries across the African continent;
• Ownership relationships of over 170,000 companies, including all significant listed and unlisted groups as well as multi-national companies, empowerment groups and state corporations operating in Africa. This data shows how companies are connected, however remotely, which identifies business development opportunities as well as possible conflict of interest; and
• The details of more than 70,000 directors and management of listed and unlisted companies, multinationals and state corporations operating in Africa, including South Africa. Cross-directorships link companies which identifies business development opportunities as well as possible conflict of interest.

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