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Banking Technology Readers Name Norkom as Best AML Solution in Annual Poll | Print |


10 November 2008 – Dublin, Ireland – Norkom Technologies was announced as the winner in the Best Anti-Money Laundering (AML) solutions category of the prestigious Annual Banking Technology Readers’ Choice awards at a gala dinner in London on Thursday, 6th November 2008.  

                                                      best_anti-money_laundering_2008_smallIntroduced for the first time last year, these awards are voted for by the magazine’s international readers, who are asked to name their choice of vendors and products in a range of categories spanning all parts of the financial services spectrum. "This is the second year we have asked our readers to name their choice of vendors and systems," said David Bannister, editor of Banking Technology. "Again we have been very pleased with the response, and congratulate all the winners and nominees on attracting such support from the user community."

Commenting on the prestigious win, Brendan Walsh, Norkom’s Head of Sales for UK and Ireland, says: “We’re absolutely delighted to win the award for Best AML Solution for the second year in a row and the second time in the award’s two-year history, but we’re even prouder of the fact that it was the readers of Banking Technology, in other words the users of our technology, that voted for us. This is testament to the fact that the Norkom Anti-Money Laundering solution is a clear leader in its own right”.

 

“We strive to help financial organizations protect their businesses from the risks associated with money laundering, such as regulatory sanctions, financial losses and reputational damage. With our solutions, financial institutions can address the challenge of money laundering and all kinds of financial crime within the overall context of a financial crime and compliance strategy, across the expanse of their global enterprise, thereby, minimizing the size of the criminal and terrorist threat facing their organizations,” concludes Walsh.

 

The awards were presented at a gala dinner in the Grosvenor House Hotel in London’s Park Lane attended by almost 500 guests from across Europe, Africa and the Middle East.

 

Over the years, Norkom’s Anti-Money Laundering Solution has earned accolades from industry commentators such as Celent, which ranked Norkom’s AML solution as the best in the market, as well being voted Vendor of the Year in 2008 by Compliance Reporter.

  

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