INCLINE VILLAGE, NV, November 25, 2009
/24-7PressRelease/ -- As real estate professionals come across more residential transaction red-flags during Real Estate purchases, closings and settlements, it is more important than ever to have an instantaneous on-line tool to CheckForRisk .
With over 580,000 residential real estate transactions occurring each year in the United States, real estate professionals are vulnerable to money laundering schemes, identity theft, fraud and terrorism financing as money launderers have used real estate transactions to attempt to disguise the illegal source of their proceeds.
Today, NominoData announced the introduction of CheckForRisk for Real Estate professionals, an advanced risk relevant search engine to help in the due diligence process and be aware of who they are really doing business.
"We are excited to expand our CheckForRisk brand to encompass the real estate marketplace. This product gives the risk prevention advantage that most real estate professionals are not aware exists. CheckForRisk is a very powerful hyper-targeted data mining system that we sell to banks and financial institutions to help them perform enhanced due diligence," said Al MacDonald, NominoData Chief Executive Officer and Founder.
Every real estate professional in the United States can utilize CheckForRisk to discover risk exposure of individuals and corporations that they interact with on a daily basis whether in a business setting, social venue or personal level. CheckForRisk includes a wide range of National and International risk sources including watch lists such as OFAC, UN, OSFI as well as a large array of negative media, law enforcement press releases and exchange enforcement.
"The real estate industry is highly vulnerable at all stages of the process to fraud by virtue of dealing with high value products which can result in substantial financial loss as well as reputational damage. CheckForRisk searches the World for Risk Relevant data providing the subscriber with access to fraud and other criminal activity in its early stages", said Jeff Balkus, Business Development Manager for NominoData .
Contact NominoData today to ask about the Real Estate Professional package pricing.
Email: jbalkus@nominodata.com or call 702.987.6978 x4 and mention Real Estate offer.
About NominoData LLC
NominoData LLC (www.NominoData.com), is a technology company formed to help clients with worldwide identity, compliance and risk management issues associated with modern day commerce. Ranging from banks to multinational corporations, NominoData provides a combination of industry-leading technology on-line. Our founders harness their collective intelligence and leverage their expertise in Risk Management, Security, Search, Name /Entity recognition, data analysis and extraction into innovative and productivity-boosting products that revolutionize their field.
Media Contact
Jeffrey Balkus, Business Development Manager, NominoData
Phone: 1.702.496.8644
Email: JBalkus@NominoData.com
On-Line: http://www.CheckForRisk.com
On-Line: http://www.nominodata.com
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