OFAC 50% in economic security AI solution 'KIBIT Seizu Analysis'...

　FRONTEO Co., Ltd. (Headquarters: Minato-ku, Tokyo, President and CEO: Masahiro Morimoto, hereinafter referred to as FRONTEO) is an economic security network analysis system, "KIBIT Seizu Analysis," that is used by the U.S. Department of the Treasury, Foreign Asset Management. Identify and indicate companies, organizations, etc. that are suspected of being effectively controlled (total shareholding ratio of 50% or more) by entities or individuals listed on the Office of Foreign Assets Control (OFAC) sanctions list. We would like to inform you that we have added additional features.

　OFAC creates and publishes a sanctions list of countries, companies, organizations, individuals, etc. that are prohibited from conducting transactions for foreign policy and security purposes. In addition, companies, organizations, etc. that are suspected of being effectively controlled by those listed on these lists (total direct or indirect shareholding ratio of 50% or more) are also considered to be subject to regulation and transactions are prohibited. I am. OFAC's sanctions list is used not only in the United States but also internationally, and in addition to the fact that many countries and organizations use it as a reference in determining their sanctions policies, in light of the recent international situation, It is extremely important to respond to these sanctions in business and transactions.

　KIBIT Seizu Analysis has previously had the ability to detect and present entities on OFAC's sanctions list. The addition of this new feature improves the ability to detect regulatory targets that are not directly listed on the list, allowing users to conduct more comprehensive investigations and comply with regulations.

　FRONTEO will contribute to the promotion of corporate economic security measures and business development through research and development that realizes innovative analysis technology and its social implementation.

■About KIBIT Seizu Analysis　URL:https://osint.fronteo.com/
KIBIT Seizu Analysis is a system that uses FRONTEO's in-house developed AI engine "KIBIT" to analyze networks such as supply chains and the state of control by a company's beneficial shareholders for the purpose of economic security measures. We currently offer three solutions:
①Supply chain analysis solution: Understand choke points (strategically important points) in the supply chain, potential connections with concerned organizations, and degree of dependence.
②Shareholder control network analysis solution: Analyze the influence among shareholders on a complex network using a unique method that corrects indirect shareholding ratios and understand the propagation of hidden control power.
③ Cutting-edge technology/researcher network analysis solution: Regarding research and development related to sensitive technology, analyze the personal connections of researchers, focusing on their organizations, etc., and understand the risks based on this.

■ About FRONTEO　URL:https://www.fronteo.com/
FRONTEO is a data analysis company that provides various AI solutions and services using the in-house developed AI engine "KIBIT". Based on the philosophy of "providing solutions that do not overlook risks and opportunities buried in records and realizing fairness in the information society," extract meaningful and important information from vast amounts of text data and complex networks. Our strengths are natural language processing and network analysis technologies that support advanced judgments by experts.We are developing businesses in the areas of legal tech AI, business intelligence, life science AI, and economic security, and contributing to solving various corporate and social issues. Founded in August 2003, listed on Tokyo Stock Exchange Mothers (currently Tokyo Stock Exchange Growth) on June 8, 2007.The company operates in Japan, the United States, South Korea, and Taiwan.Acquisition of first-class medical device manufacturing and sales business license, notification of controlled medical device sales business.Capital 6 thousand yen (as of March 26, 3,042,317).

*FRONTEO, KIBIT, and Seizu Analysis are registered trademarks of FRONTEO in Japan.