Dow Jones Extends Partnership with Ripjar by Making Equity Investment

Dow Jones announced that it has made an equity investment in Ripjar, a leading data intelligence software company, aiming at supporting its "continued commitment to invest in innovative technology solutions that drive exceptional customer experiences" by expanding their partnership.

Dow Jones started the cooperation with Ripjar since 2018, jointly delivering a platform that enables continuous, real-time screening and monitoring to help financial institutions and large corporations protect their businesses from financial crime risk. Leveraging Ripjar's technology and expertise in AI and natural language processing, Dow Jones and its clients can automatically identify risks from multiple data sources.

Through the equity investment, Dow Jones has extended its partnership with Ripjar. The two firms will deliver a next-generation Software as a Service (SaaS) solution for adverse media and sanctions screenings, and expand its scope of content filtering and monitoring.

Joel Lange, General Manager, Dow Jones Risk & Compliance, said: "Ripjar's technology platform is a strong complement to our news capabilities and the additional data sets and applications we've developed specifically for compliance requirements and workflows. This includes anti-money laundering and counter-terrorism financing, sanctions, anti-bribery and corruption, and international trade compliance."

Jeremy Annis, CEO of Ripjar, added: "I'm delighted to deepen our partnership with Dow Jones and am confident that the strength of their best-in-class data combined with Ripjar's industry-leading technology platform will allow us to better serve customers and help them detect and defend themselves from threats of criminal activity."