Norkom becomes Integrated Solution Provider for World-Check

Trade

1 April 2005

Dublin-based Norkom Technologies has become an Integrated Solution Provider for World-Check, a leading provider of intelligence to the financial community identifying known heightened-risk customers.

Norkom specialises in risk-management and compliance software and its Watch List Management application embraces the World-Check database to enable examination, identification and reporting of high-risk financial customers and entities. These include money launderers, fraudsters, terrorists, politically exposed persons and numerous other hazardous categories from over 230 countries.

The strengthened integrated system allows financial institutions to optimise their investigation efforts in the prevention and detection of financial crime, automating database downloads, maintaining checks against ‘latest lists’, improving the quality of ‘search and match’ and minimising the volume of ‘false positives’.

‘We are delighted to receive this partner status from World-Check,’ said Paul KErley, CEO of Norkom Technologies. ‘World-Check has fast become a defacto standard in terms of data intelligence, in the fight against financial crime and terrorist financing. Following our recent acquisition of DATA4S, we believe our partnership with World-Check further endorses our commitment to becoming the leader of risk management and compliance software in Europe.’

29/03/05

Read More:


Back to Top ↑

TechCentral.ie