The increase in caution in the corporate environment when doing business with partners involved in issues related to legal proceedings, cases of corruption, environmental problems, financial crimes and others took Kronoos, SaaS platform for compliance that conducts searches across thousands of sources to verify the integrity of individuals and companies, closing 2024 with a historic record of 60.324 dossiers throughout the year
According to the CEO of Kronoos, Alexandre Pegoraro, the volume of files completed in the recently concluded year represents a growth of 21% over the total accumulated in 2023, when the company had completed 49.884 inquiries. He comments that the numerous regulatory processes that various sectors of the economy are undergoing have made the concern about the legal situation of the partners with whom companies are considering doing business more relevant
"Every time a case gains negative repercussions for the image of corporations, the understanding grows that associating brands with enterprises that present this type of situation causes a form of damage that", despite being intangible, certainly translates into a great impact for business, affirms
Furthermore, according to Pegoraro, more and more investors and entrepreneurs are becoming aware that it is up to them to take all the precautions to ensure that this does not happen. "This process of awareness is revealed in the search for emerging technologies applied to specific methodologies that allow for this type of investigation to be conducted in an agile and economical way", explain
For the preparation of compliance dossiers, Kronoos uses data mining to confront large sets of information to identify anomalies, patterns and relationships. This work is done by intelligent systems that combine Big Data Analytics, statistics, artificial intelligence and machine learning to generate useful analyses for users' goals
The great advantage is the possibility of automating the search and compilation of data in various national and international databases. Technology enables investigations in more than 3.500 sources with the research result being delivered in less than 1 minute, concludes
During the 12 months of 2024, the platform was used to assess the conditions of 22,300 companies. Regarding individuals, 2024 set a historical record for demand by processing 26432 files. Kronoos also develops comprehensive reports on the situation of vehicles, in addition to specific analyses related to credit, among other services
