| Norkom corners the Nordic financial crime and compliance market in latest deal with leading Swedish financial institution | | Print | |
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08 July 2009 – Leuven, Belgium – Norkom Technologies has announced that Svenska Handelsbanken, one of the largest banks in Sweden and the wider Nordic region, has selected its Anti-Money Laundering (AML) and Watch List Management (WLM) solutions.
Norkom’s AML and WLM solutions will enable Svenska Handelsbanken to comply with both local and international regulations, such as the 3rd EU Money Laundering Directive.
Alain Tayenne, General Manager for Norkom’s European operations, said, “We are delighted to welcome on board another market leading financial institution to our expanding list of clients. The deal with Svenska Handelsbanken builds on our position in the Nordics region, where we now count the top four Nordic financial institutions as clients. This is testament to the quality and expertise we bring to the marketplace”.
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For more information, please contact: Fiona McLoughlin Marketing Manager, Norkom Technologies T: +353 1 8739600 E: fiona.mcloughlin@norkom.com
About Norkom Technologies (www.norkom.com) Established in 1998, Norkom Technologies (AIM: NORK.L, IEX: NORK.IE) enables financial organizations to take intelligent action, control defenses, and evolve strategies against fraud, money laundering, and other types of financial crime. By combining a unique investigative technology platform with deep domain expertise, Norkom has established a solid track record of reducing financial losses, protecting users’ reputations, improving operational efficiencies, and lowering the cost of information technology.
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