KOGER adds risk compliance to product

KOGER, a financial technology firm, has introduced a risk compliance feature to its regulatory compliance product.

KURE now allows LP classifying and reporting in line with anti-tax evasion legislation and anti-money laundering regulations. These include the Foreign Account Tax and Compliance Act, Common Reporting Standards, and the “know your client” requirements of the Anti-Laundering Directive IV in the EU, and the rules of the Department of Treasury Financial Crimes Enforcement Network in the US.

KURE is included in the company’s NTAS fund administration and compliance platform, but can be used as a standalone.