Testimonials

“We will use Norkom’s advanced profiling capability to determine usual trading behavior for each customer. Because of the sheer volume of trades passing through our system, time is of the essence. The Norkom solution is scalable and able to support a large number of transactions, on a national and international basis, and coupled with its strong Case Management capabilities can support the rigorous risk-based approach our regulators increasingly demand. The risk profile allocated to each customer will determine the level of scrutiny applied by the technology when monitoring and investigating their transactions.”

Sal Matera, DTCC Vice President, Information Services

David Dixon, Director Fraud Containment Strategies

“Norkom's solutions will allow us to maintain a world class compliance operation by providing a single solution that allows us to manage our risk globally, yet can be configured for specific in-country requirements, and allows us to achieve economies of scale, streamline our compliance procedures and help protect our business across the globe.”

Andrew Hunter, Group Head - Compliance and Regulatory Risk

Read press release

“For a triple A rated bank like Rabobank our reputation is one of our major assets and therefore we put a lot of emphasis on the active compliance on our payments products with anti-money laundering regulation. We selected Norkom as our technology partner for payment screening because they have an interesting, future orientated and compatible concept. In addition the fact that they are able to connect to our real time payments processing systems is important to us. Norkom has a young and enthusiastic team that has shown itself willing and able to think along with us in a constructive way to deal with the challenges in this area!”

Harrie de Poot, Head of Non-Cash Payments

"Norkom represents an organization that has the vision to understand that the challenges facing the financial services industry in relation to tackling crime and compliance are not mutually exclusive – a vision that is clearly reflected in the way it has developed its financial crime solutions."

Luc Philips, Director

Read press release

“It was the international capability of Norkom’s technology that most attracted us, regulatory requirements differ in each of the countries in which we operate and we were able to find no other product that could accommodate all of those differences.

“Norkom allows us to manage our risk internationally, yet it can be easily configured for specific in-country requirements. This allows us to fight crime and satisfy the regulator in an efficient, cost effective manner.”

Peter Kalberer, Anti-Money Laundering Group Compliance Officer

Read press release

“Erste Bank Group is committed to protecting its business, shareholders and customers in the fight against money laundering activities and financing terrorism. The Norkom solution enables us to adopt a fully integrated approach to how we manage the prevention of financial crime in our business in a state-of-the-art manner.”

Leopold Fetterle, Money Laundering Reporting Officer

Read press release

"As a third-party processor of cross-border payments, security is of the utmost importance to us, so selecting a sophisticated real-time screening tool was an important process. Norkom has proven to be a highly responsive and professional company with a dedicated passion for AML and fraud technology, which helps us to keep our infrastructure secure on behalf of our clients". 

Eddy Bex, CIO

"We are delighted with the successful implementation of Norkom's solutions in Fortis. There was a real team spirit throughout the project, and we look forward to a long and mutually beneficial relationship with Norkom."

Jean Maxime Stengers, Head of Compliance

Read press release

“We are confident that we can improve our defences against money laundering and terrorist financing and ensure regulatory compliance on a global basis with Norkom. We were looking for a vendor whose approach, culture and solutions fitted with our financial crime and compliance strategy. Norkom demonstrated its proven international capability to address the challenges we face across our many locations and business operations and its ability to extend into new areas of financial crime.”

Tor Ivar Mysen, Senior Vice President - Financial Crime at DNB NOR

Read press release 

“The fundamental challenge, both in compliance and financial crime prevention, is to bring transactional, customer and account data together and, through analytics, to identify the suspicious or unusual. The rest is simply fine-tuning for specific purposes, whether that's money laundering, internal fraud or other types of financial crime.”

“As an international operator it was important for us, from the outset to find a single solution that would be scaleable and flexible enough to work in a number of geographies and regulatory environments, could be tailored to the requirements of those environments, and yet support a centralized structure.”

Bruno Van den Meerschaut, Head of Anti-Money Laundering

Read case study