‘Capturing open data to help all businesses manage financial risk’.
Like many start-ups, watchlister was built to address a problem.
We believed there had to be a better way to capture and process the huge amount of data that is publicly available – open data – that we rely on to assess financial viability for our corporate clients. Not only that, the only similar services available are restricted to major corporates, major companies, credit bureaus and Government agencies.
Our vision is to bring the same high-end capability to all businesses: to create a level playing field.
- Know your customer. Easily check and monitor a business
- Instant email and SMS alerts of insolvency
- Act quickly to reduce losses
To do this we designed, developed and implemented a software-as-a-service (SaaS) website that accurately captures and rates risk events in real-time, on a secure and stable platform.
Watchlister was initially built to manage risk for building and procurement clients and continues to specialise in these sectors. It has now evolved to cover all Australian businesses and industries, and monitors 2,700 Australian businesses and sends out thousands of alerts per month to our clients.
The watchlister service has successfully identified insolvent trading, phoenix activity and high risk events, as well as alerting users in real-time to the appointment of administrators and liquidators, and applications to wind up companies.
The watchlister team