CTOS to offer new analytics tool

Daryl Neo, CEO and founder of Handshakes Technology (second from left), and Dennis Martin at the signing of the partnership agreement

KUALA LUMPUR: CTOS, Malaysia's largest credit reporting agency, and Handshakes Technology (M) Sdn Bhd, a corporate intelligence service provider, have teamed up to provide corporate intelligence services under the banner "CTos ConneX".

According to a press release issued on Thursday, the analytics tool provides streamlined services to carry out searches of business or person profiles as well as their relationships across various Asian markets.

CTos ConneX uses an algorithm to keep track of companies in Malaysia, Singapore and Hong Kong via market filings, reports and news releases so that researchers can gain insight into companies and people in the region.

While the primary function has been to carry out due diligence, other uses of CTOS ConneX include identifying related potential new clients from existing client lists, as well as asset recovery for insurance and legal purposes.

“With the ever-growing amounts of cross-border trade, as well as an increased appetite for knowledge on potential businesses and enhanced risk management, CTOS ConneX will provide our corporate clients with an invaluable tool with which to supplement our current credit risk products available through CTOS Credit Manager” said Dennis Martin, group CEO of CTOS Holdings Sdn Bhd.

For more information, visit www.ctoscredit.com.my/business/ctosconnex.