How sanctions, supply chain laws, and geopolitical risk are forcing every industry to rethink Know Your Business processes
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Global Database today announced the official launch of its unified Know Your Business platform, a new solution designed to help enterprises verify companies, beneficial owners, and risk exposure using first party data sourced directly from official government registries worldwide.
The launch responds to a fundamental shift in how businesses manage risk. KYB verification is no longer limited to banks and regulated financial institutions. Manufacturers, private equity firms, technology platforms, insurers, and procurement teams are now under growing pressure to verify counterparties, suppliers, and partners with the same rigor once reserved for financial crime compliance.
This new platform represents Global Database’s formal expansion from a data provider into a fully integrated KYB verification solution.
A Market Shift Driving the Need for Change
Over the past five years, global risk has increased rapidly. Sanctions lists have expanded dramatically, supply chain due diligence laws have accelerated across Europe, and beneficial ownership transparency requirements have tightened in the United States and beyond. At the same time, reputational damage now spreads instantly, often before companies have time to investigate or respond.
As a result, organizations across industries are now expected to answer a question they were not previously equipped to handle. Who exactly are we doing business with, and how do we know?
Global Database’s new KYB platform is built to address this reality.
Introducing a First Party Data Foundation for KYB
At the core of the new platform is a structural shift in how business verification data is sourced.
Rather than relying on third party aggregators, Global Database connects directly to more than 100 official government registries worldwide. These direct connections allow the platform to retrieve company profiles, beneficial ownership structures, and financial filings exactly as they are legally registered.
This approach ensures that data is current, traceable, and defensible. Every record can be tied back to its original public authority source, providing clarity for regulators, auditors, and internal risk teams.
When questions arise about data accuracy or provenance, users can clearly demonstrate where the information originated and when it was last updated.
One Platform Covering the Full KYB Lifecycle
The newly launched solution consolidates what has traditionally required multiple vendors into a single platform.
Global Database’s KYB platform includes verified company data from official registries, beneficial ownership traced to natural persons, financial statements for hundreds of millions of companies, politically exposed person screening, global sanctions checks, and continuous monitoring for changes in risk or ownership status.
By unifying these capabilities, the platform removes the need for manual reconciliation across multiple data sources and reduces the cost and time associated with KYB checks.
The result is a single, consistent answer that organizations can rely on across onboarding, due diligence, and ongoing monitoring.
Enterprise Adoption Across Industries
Global Database reports that the platform is already in use by enterprise clients across technology, professional services, capital markets, and compliance. Customers rely on the solution for KYB compliance, counterparty risk assessment, sales intelligence, and supply chain due diligence.
The adoption reflects a broader market shift. As regulations such as the EU Corporate Sustainability Due Diligence Directive and national supply chain laws expand accountability beyond financial services, demand for reliable and transparent business verification continues to grow.
A Clear Position on the Future of KYB
With this launch, Global Database is making a clear statement about where KYB verification is headed.
The company believes that aggregation alone is no longer sufficient in a world of heightened regulatory scrutiny and reputational risk. Businesses require verification grounded in official records, supported by integrated screening and real time monitoring, and delivered through a single accountable platform.
According to Global Database, first party government registry data is no longer a differentiator. It is becoming a requirement.
About Global Database
Global Database is a leading provider of global business intelligence and KYB solutions. The company connects directly to official government registries worldwide to deliver verified company data, beneficial ownership structures, financial information, and risk screening to enterprises across industries.
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