“Effective Fraud Management” Features Commentary and Advice from Noted Industry Analyst and Veteran Technology Executive

February 03, 2009 - Dublin, Ireland and Boston, MA - Norkom Technologies today announced that “Effective Fraud Management”, an informative webcast that discusses the latest trends and dangers of financial crime as well as advice for combating perpetrators and preventing financial fraud, is now available for viewing on Norkom’s new website.

Click here for the 24-minute webcast, which features expert analysis and commentary from both Avivah Litan, research director at Gartner, Inc., and David Dixon, managing director of global solutions at Norkom.

Litan, who authored an August 2008 research report, Critical Capabilities for Enterprise Fraud Management Tools, that rated Norkom’s Enterprise Fraud Management (EFM) overall capabilities “Excellent,” discusses pressing issues including:

• Impact and implications of recent data breaches
• Fraud challenges faced by investment banks
• Emerging challenges presented by online fraud and criminals’ exploitation of multiple channels, and
• Implications of the growth of ACH transactions in America and the adoption of SEPA in Europe.

Dixon, who was head of the Fraud Containment Strategies Group at Bank of Montreal before joining Norkom in April 2008, speaks of his work in conjunction with the chief risk officers among Norkom clients. He explains:

• How industry leaders are moving towards an integrated vision of addressing financial fraud
• His advice to them on developing a professional risk management approach, and
• Real-world lessons he’s learned, particularly with regard to audit-proofing and obtaining executive buy-in.

Norkom is the leading provider of financial crime and compliance software to the global financial services industry. Its recent accolades include “Best AML Product” in Banking Technology’s 2008 and 2007 Readers’ Choice Awards; “No. 1 for Financial Crime” by Chartis in the RiskTech 100 report (2008); and “Vendor of the Year” by Institutional Investor News ARC Awards.

The Critical Capabilities report is copyrighted 2008 by Gartner, Inc. and is reused with permission. The Critical Capabilities report is a comparative analysis which scores competing products against a set of critical differentiators identified by Gartner. Gartner does not endorse any vendor, product or service depicted in the Critical Capabilities report, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

<< Back To Press Releases