COVID-19 - much like natural disasters and security crises in the past  - is posing new challenges in the fight against financial crime. Financial regulators and experts have been pointing to the need for banks to share information to combat criminal networks more successfully. However, in too many cases, a raft of data protection and privacy regulations makes it impossible for banks to share data across teams, institutions and jurisdictions. 
Duality is all about enabling privacy-preserving data collaboration. In March, as the Coronavirus storm gathered, we launched Duality SecurePlus™ Query for privacy-enhanced financial crime investigations. Our groundbreaking solution enables financial institutions and law enforcement to generate joint insights by securely querying one another’s data. The encrypted querying process provides answers in seconds, helping institutions to effectively weed out false positives and expose financial crime, without compromising on regulatory compliance or the privacy of subjects under investigation.