Sydney, (ANTARA News/PRNewswire-AsiaNet) - Norkom Technologies, leading provider of financial crime and compliance software to the global financial services industry, has announced that it will hold a free webinar with guest speaker, Damien Shaw-Williams, senior analyst with Datamonitor, at 2pm EST on Thursday, 6th March 2008.
Entitled, "Securing the future: Enterprise-wide financial crime management and beyond", this 45-minute virtual event will explore new research, conducted by Datamonitor and Norkom, which reveals that a radical change is taking place in the way financial services providers manage regulatory compliance and financial crime.
The webinar will examine how leading financial service providers are embracing an enterprise-wide risk-based approach to financial crime management.
The new research also claims that:
More than half of all global tier one financial service providers have consolidated AML and fraud prevention across the enterprise 47% have centralized management structures by establishing Financial Intelligence Units, with a further 14% planning to do so within the next 12 to 24 months.
Risk-based approach and customer due diligence are the new priorities.
According to Paul Kerley, Norkom's CEO, "As we predicted, enterprise-wide financial crime management is now a reality in most major financial institutions, with those organisations seeing significant improvements in detection rates and cost reductions as a result. Organisations are now focusing their attention on successfully adopting a risk based approach - not just for AML as the regulator requires - but for all areas of financial crime. And they expect these two new priorities to deliver even greater business benefits".
To participate in this free webinar, simply click on the link below to register:
http://www.norkom.com/contentmgr/showdetails.php/id/325
Other international time zones:
11.00am to 11.45am HKT / SGT
12.00pm to 12.45pm JST / KST
2.00pm to 2.45pm EST
About Norkom Technologies
Norkom Technologies is a market-leading provider of innovative financial crime and compliance solutions to the global financial services industry.
Norkom's software has been described as 'outclassing our competitors' by the analyst group, Celent, and as an 'effective enterprise wide financial crime management solution' by Gartner. Used by clients in over 100 countries, including HSBC, Credit Agricole, Fortis, and Rabobank, Norkom is proven to reduce financial losses, protect reputation, improve operational efficiencies and lower the total cost of ownership. Norkom has operations across North America, Asia Pacific and Europe.
Media Contact:
Contact Fiona McLoughlin, Marketing Manager, Norkom Technologies,
on +353-1-8739612 or email fiona.mcloughlin@norkom.com
To find out more, visit http://www.norkom.com
SOURCE: Norkom Technologies Ltd
CONTACT: Fiona McLoughlin,
Marketing Manager,
Norkom Technologies,
+353-1-8739612 or
fiona.mcloughlin@norkom.com
Web site: http://www.norkom.com
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