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Dow Jones Expands Investment in Ripjar

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Dow Jones has increased its minority ownership stake in Ripjar, a data intelligence software company specializing in risk and compliance solutions. The investment strengthens a partnership that began in 2018, delivering advanced risk screening and monitoring solutions to compliance customers. This strategic move follows Dow Jones's initial equity investment in Ripjar in 2023 and aligns with its transformation into a leading information service provider. Dow Jones Risk & Compliance has shown significant growth, with a 16% year-over-year increase in fiscal year 2024, reaching nearly $300 million in revenues.

Dow Jones ha aumentato la sua partecipazione di minoranza in Ripjar, una società di software per l'intelligence dei dati specializzata in soluzioni per il rischio e la conformità. L'investimento rafforza una partnership che è iniziata nel 2018, fornendo soluzioni avanzate di screening e monitoraggio del rischio per i clienti della conformità. Questa mossa strategica segue l'investimento iniziale in azioni di Dow Jones in Ripjar nel 2023 e si allinea con la sua trasformazione in un fornitore leader di servizi informativi. Dow Jones Risk & Compliance ha registrato una crescita significativa, con un aumento del 16% anno su anno nell'anno fiscale 2024, raggiungendo quasi 300 milioni di dollari di fatturato.

Dow Jones ha aumentado su participación minoritaria en Ripjar, una empresa de software de inteligencia de datos especializada en soluciones de riesgo y cumplimiento. La inversión refuerza una asociación que comenzó en 2018, ofreciendo soluciones avanzadas de evaluación y monitoreo de riesgos a los clientes de cumplimiento. Este movimiento estratégico sigue a la inversión inicial en acciones de Dow Jones en Ripjar en 2023 y se alinea con su transformación en un proveedor líder de servicios de información. Dow Jones Risk & Compliance ha mostrado un crecimiento significativo, con un aumento del 16% interanual en el año fiscal 2024, alcanzando casi 300 millones de dólares en ingresos.

다운존스는 데이터 인텔리전스 소프트웨어 회사인 립자르에 대한 지분을 늘렸습니다. 이 회사는 리스크 및 컴플라이언스 솔루션을 전문으로 합니다. 이번 투자는 2018년에 시작된 파트너십을 강화하며, 컴플라이언스 고객을 위한 고급 리스크 스크리닝 및 모니터링 솔루션을 제공합니다. 이 전략적 움직임은 2023년에 이루어진 다운존스의 립자르에 대한 초기 주식 투자에 이어진 것이며, 정보 서비스 제공업체로서의 변모와 일치합니다. 다운존스 리스크 & 컴플라이언스는 2024 회계연도에 전년 대비 16%의 성장을 보였으며, 거의 3억 달러의 수익을 기록했습니다.

Dow Jones a augmenté sa participation minoritaire dans Ripjar, une société de logiciel d'intelligence de données spécialisée dans les solutions de risque et de conformité. Cet investissement renforce un partenariat qui a débuté en 2018, offrant des solutions avancées de dépistage et de surveillance des risques aux clients en matière de conformité. Ce mouvement stratégique suit l'investissement initial de Dow Jones dans Ripjar en 2023 et s'aligne avec sa transformation en un fournisseur de services d'information leader. Dow Jones Risk & Compliance a connu une croissance significative, avec une augmentation de 16 % d'une année sur l'autre pour l'exercice 2024, atteignant près de 300 millions de dollars de revenus.

Dow Jones hat seinen Minderheitsanteil an Ripjar, einem Softwareunternehmen für Datenintelligenz mit speziellem Fokus auf Risiko- und Compliance-Lösungen, erhöht. Diese Investition stärkt eine Partnerschaft, die 2018 begann und fortgeschrittene Lösungen zur Risikoprüfung und -überwachung für Compliance-Kunden bietet. Dieser strategische Schritt folgt auf die erste Kapitalbeteiligung von Dow Jones an Ripjar im Jahr 2023 und stimmt mit der Transformation in einen führenden Informationsdienstleister überein. Dow Jones Risk & Compliance hat ein signifikantes Wachstum gezeigt, mit einem Anstieg von 16 % im Jahresvergleich im Fiskaljahr 2024 und erreicht nahezu 300 Millionen Dollar Umsatz.

Positive
  • 16% year-over-year revenue growth in Risk & Compliance division
  • Revenue reaching nearly $300 million in fiscal year 2024
  • Strategic expansion in risk and compliance market through increased stake in Ripjar
Negative
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Insights

The increased stake in Ripjar represents a strategic move to capitalize on the growing $300 million risk and compliance market, which saw impressive 16% year-over-year growth. This investment, coupled with the recent A2i Systems acquisition, demonstrates Dow Jones's aggressive expansion in B2B services and AI-powered solutions.

The risk and compliance sector offers high-margin recurring revenue streams, particularly valuable in today's regulatory-heavy environment. While the exact investment amount isn't disclosed, the strategic importance lies in Dow Jones's transformation from a traditional media company to a diversified information services provider. The expansion into AI-powered compliance solutions positions them well against competitors like Thomson Reuters and Bloomberg in the lucrative financial services market.

Ripjar's AI-driven compliance technology represents a significant competitive advantage in the financial crime prevention space. Their solutions leverage advanced machine learning for real-time risk screening and monitoring, addressing critical needs in anti-money laundering (AML) and fraud detection. The integration of Dow Jones's vast data resources with Ripjar's AI capabilities creates a powerful synergy that enhances their market position.

The strategic value extends beyond current offerings - this technology stack could potentially be leveraged across other Dow Jones products, creating additional revenue streams and operational efficiencies. The investment timing aligns with increasing regulatory scrutiny and growing demand for automated compliance solutions.

Increased Minority Ownership Stake Furthers Growing Commitment to the Risk and Compliance Market

NEW YORK, Nov. 8, 2024 /PRNewswire/ -- Dow Jones today announced it has expanded its ownership stake in Ripjar, a global leader in data intelligence software. This strategic investment reflects Dow Jones's ongoing commitment to providing leading-edge AI to the risk and compliance community. The move is the latest in a series of investments and initiatives that have helped transform Dow Jones to become a leading information service provider.

Since its founding, Ripjar has pioneered new technologies to protect financial firms and enterprises from the rising threat of money laundering, fraud, cyber crime and terrorism. Dow Jones has partnered with Ripjar since 2018 to deliver advanced risk screening and monitoring solutions to thousands of compliance customers. It first announced an equity investment in Ripjar in 2023.

"It's our mission to deliver the world's most trusted journalism, data and analysis to help people make decisions. Our increased investment in Ripjar helps Dow Jones in serving the growing global Risk and Compliance community," said Almar Latour, CEO of Dow Jones and Publisher of The Wall Street Journal. "We continue to find ways to expand our products and services to professionals who navigate an increasingly complex global economy and remain up-to-date on the evolving regulatory landscape."

Dow Jones's executive vice president and general manager of Risk & Research Joel Lange will work closely alongside Ripjar's newly appointed CEO Tom Obermaier and majority investor Long Ridge Equity Partners to grow its operations internationally, as well as supporting new and existing customers to navigate a complex compliance landscape.

With this increased stake, Dow Jones reinforces the importance of this long-standing partnership while strengthening its own position at the forefront of innovation. This is also the latest investment the company has made in new and emerging technologies that further its portfolio of B2B products and services. Earlier this year, Dow Jones acquired A2i Systems, a world leader in AI-powered fuel pricing solutions, to support its growing energy business and infuse innovation across the portfolio.

This investment comes at a time of rapid growth for Dow Jones Risk & Compliance, which provides best-in-class data, integrated technology solutions and due diligence services for managing regulatory and reputational risk. In fiscal year 2024, the business grew 16% year-over-year, reaching nearly $300 million in revenues.

About Dow Jones
Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 130 years and today has one of the world's largest news-gathering operations globally. It is home to leading publications and products including the flagship Wall Street Journal, America's largest newspaper by paid circulation; Barron's, MarketWatch, Mansion Global, Financial News, Investor's Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and Chemical Market Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).

About Ripjar
Ripjar is a data intelligence platform company whose mission is to help organisations and governments automate the detection, investigation, and monitoring of threats from criminal activity. Founded by former members of the UK's Government Communications Headquarters (GCHQ), Ripjar develops software products that combine automation, artificial intelligence, and data visualisation to help companies solve the most complex risk and security management problems at scale. For more information, visit www.ripjar.com and follow @Ripjar on LinkedIn.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/dow-jones-expands-investment-in-ripjar-302299583.html

SOURCE Dow Jones & Company, Inc.

FAQ

What is Dow Jones's revenue growth in Risk & Compliance for fiscal year 2024?

Dow Jones's Risk & Compliance division grew 16% year-over-year in fiscal year 2024, reaching nearly $300 million in revenues.

When did Dow Jones first partner with Ripjar?

Dow Jones first partnered with Ripjar in 2018 to deliver advanced risk screening and monitoring solutions.

What is the purpose of Dow Jones's increased investment in Ripjar?

The increased investment aims to strengthen Dow Jones's position in the risk and compliance market and enhance its ability to provide AI-powered solutions to compliance customers.

How does Ripjar support Dow Jones's business objectives?

Ripjar provides data intelligence software that helps protect financial firms and enterprises from money laundering, fraud, cyber crime and terrorism, supporting Dow Jones's risk and compliance services.

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