Norkom Technologies: a world leader in its own business, focused on the success of yours

Click on each year to see what we've achieved:

2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001

2009

• Norkom announces the launch of a research programme with leading Irish academic institutes to develop next generation techniques for discovering financial crime.
• Norkom wins Excellence in Corporate Social Responsibility Award at the ISA Software Industry Awards, as Paul Kerley, CEO, is named Technology Person of the Year.
• Norkom signs fourth Middle East client in 12 months in a deal with Al Hilal Bank during the Enterprise Ireland Trade Mission to the UAE, led by the Irish Minister for Trade, Mr. Billy Kelleher, T.D.
• Norkom is ranked among world’s top 100 financial technology providers for second consecutive year by Fintech 100, as a result of strong revenue growth for calendar year 2008, which produced revenues of $67,0000, moving the company to 88th position, seven percentage points from the previous year.
• Norkom’s reports strong EBITDA (up 8%) and continued increase in revenues (up 2%) in its half-year results and the addition of eight new clients for the period ending 30 September 2009.
• Norkom announces the availability of its market leading financial crime and compliance solutions on IBM System z platform, enabling financial institutions to run their regulatory, compliance and fraud solutions on one cost-effective and integrated platform.
• Gartner, Inc. awards Norkom’s Enterprise Fraud Management (EFM) solutions a “Positive” rating in its “Marketscope for Enterprise Fraud Management”.
• Norkom launches Norkom Watch List Smart Update, a completely new analytic process that redefines intelligent client risk management by reducing costly false positives in detection of financial crime.
• Norkom’s Anti-Fraud solutions are voted No. 1 in the global marketplace by OpRisk & Compliance, becoming the only vendor in the ranking’s history to secure the top spot twice for best anti-fraud solutions.
• Norkom reports a strong continued growth in revenue by 17% to €48m (2008: €41m) and EBITDA by 14% to €8.2m (2008: €7.2m), along with the addition of 16 new clients, including three of the world’s largest banks, for the period ended 31 March 2009.
• Dublin city girls school, Mount Carmel, scoops top award in Norkom’s Dragons Den-style schools competition for its presentation on Identity Theft on the Internet, as part of the company’s ongoing Corporate Social Responsibility program.
• Norkom’s financial crime management solution is ranked No. 1 in the global marketplace by Chartis Research.
• Norkom announces first deal in the Kingdom of Saudi Arabia with NCB Capital during the Enterprise Ireland Trade Mission to the Kingdom of Saudi Arabia led by the Tánaiste, Mary Coughlan.
• Standard Chartered Bank (China) announces that it has implemented Norkom’s Anti-Money Laundering solutions across its Chinese operations, as part of its global rollout to comply with local AML regulations in China and international regulatory expectations.
• Norkom launches Identity Resolution to help financial institutions reduce risk of fraud losses and non-compliance by precisely identifying “Who is Who” among customers, employees, vendors or partners.
• Norkom enters the Korean financial crime and compliance market with Woori Bank, the second largest financial institution in Korea 
• Norkom announces that Banco Santander, one of the world’s top 10 banks and the largest bank in the eurozone, has selected its AML solution for implementation in Santander AML units, marking Norkom’s official foray into the Spanish financial services marketplace.

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2008

• Norkom is ranked in Fintech's list of the top 100 financial technology companies, as a result of strong revenue growth and increasing market share.
• Norkom's interim results show 37% increase in revenue and 30% in EBITDA for 6 months ended 30 September 2008.
• Norkom is named Best AML Solution in Banking Technology's 2008 Readers' Choice Awards for the second consecutive year.
• Norkom announces its foray into the Middle East with Dubai Islamic Bank.
• Norkom announced a strategic global alliance with IBM to jointly develop financial crime solutions for the financial services industry.
• Norkom launches pre-packaged applications with implementation in its first client, Newcastle Permanent Building Society
• Norkom reports revenue increases by 64% to €41.0 million (2007: €25.0 million) and EBITDA increases of 59% to €7.2 million (2007: €4.5 million) for year ending 31 March 2008.
• Norkom welcomed on board a number of new clients, such as
  
  • DnB NOR
    
  • Swedbank
    
  • Dubai Islamic Bank
    
  • Nordea Group
    
  • Westpac
    
  • ANZ
    
• Norkom is named Vendor of the Year by Compliance Reporter.
• Norkom launches first SEPA-ready software to a world top 10 bank.

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2007

• Norkom wins 'Best Anti-Money Laundering Product' in Banking Technology Award.
• Norkom's interim results show 53% increase in revenue and 50% in EBITDA for 6 months ended 30 September 2007 and 19 new clients including:
  
  • Union Bank of California
  • Permanent TSB
  • Westpac
  • Bendigo Bank
  • St George
• Norkom consolidates global leadership with acquisition of Digital Harbor.
• Norkom releases first full years results since IPO with a 38% increase in revenues and a 40% improvement in EBITDA for the year ending 31st March 2007.
• Norkom is named number 1 anti-fraud & AML solution provider by OpRisk and Compliance.
• Norkom launches new EIM solution.
• Wall Street’s back office launches market-leading AML software from Norkom.

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2006

• EBITDA increases by 31% as reported in Norkom's interim results to 30 September.
• New Norkom Asia Pacific office opens in Sydney, Australia.
• Norkom named AML software market leader in Celent report.
• Norkom admitted to the AIM and IEX markets of the London and Irish Stock Exchanges.
• Datamonitor and Norkom research report shows FSOs adopting combined approach to compliance and financial crime.
• Norkom launches new US office.
• Norkom continues to achieve double digit revenue growth.
• Norkom hits profitability for fourth year in a row.

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2005

• Norkom rapidly increases market penetration with ten new clients:
  
  • HSBC
  • Erste Bank Group
  • Euroclear
  • Generali Insurance
  • Natexis Banques Populaire
  • Standard Chartered Bank
  • Travelex
  • VUB
  • Royal Bank of Scotland
  • MoneyGram
• Norkom awarded "Company of the Year" by the Irish Software Association (ISA).
• Norkom launches its "Client Advisory Board".
• Luc Philips, Director of KBC Group NV joins Norkom's Board of Directors.
• KBC announces clear ROI from Norkom's products and plans to extend the usage to fight fraud.
• Financial Insights showcases Norkom's Financial Crime and Compliance Software suite in its "Payments Fraud Market Players" report.
• Norkom becomes first company in Europe to achieve highest partner ranking from World Check.

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2004

• Norkom acquires Data4s - leading European Financial Crime Solutions provider.
• HSBC signs global contract with Norkom.
• AIB rolls out Norkom's solutions.
• National Australia Bank deploys Norkom across its European operations.
• Norkom secures 10 new clients:
  
  
  • Rabobank Group
  • New York Clearing House
  • Harris Bank
  • Fortis Group
  • Bank de la Poste
  • Midas
  • Belgolaise
  • Ansbacher
  • Antwerpse Diamantbank
  • Baloise
  • First Credit Suisse Boston

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2003

• Norkom signs $10 million deal with Bank of Montreal.
• HSBC Retail Bank signs up for Norkom's software suite
• Norkom signs first contract with Fortis Bank
• Visa Europe signs contract with Norkom
• Man Financial and Man Investment deploy Norkom's product suite

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2002

• KBC signs up for Norkom's financial crime and compliance software suite
• Norkom achieves profitability
• Leading investors back Norkom to the tune of €3 million

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2001

• Norkom enters the Financial Crime and Compliance market

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