Opus operates in the financial technology sector, specializing in Know Your Customer (KYC) automation and entity data management solutions. The company serves financial institutions, regulatory bodies, and businesses that require stringent compliance measures. Opus provides a comprehensive suite of tools designed to cleanse, match, deduplicate, enrich, and maintain customer data, thereby reducing the time, effort, and cost associated with KYC and Anti-Money Laundering (AML) compliance.

The business model of Opus revolves around offering pre-configured KYC workflow solutions bundled with relevant risk information. These solutions enable clients to accelerate customer onboarding, improve the accuracy of due diligence, and monitor customers for material events that could impact their risk profile. Opus leverages real-time access to customer and counterparty data, ensuring that clients work from a single source of truth, often referred to as a 'golden copy' of legal entity reference data.

Opus generates revenue through subscription-based services and customized solutions tailored to the specific needs of its clients. The company also partners with data providers like OpenCorporates to offer the largest open database of companies in the world, further enriching its KYC solutions.

Keywords: KYC automation, entity data management, compliance, AML, customer onboarding, due diligence, risk monitoring, financial technology, data accuracy, regulatory compliance.