BAE Systems Applied Intelligence

Company Announcements

Detica NetReveal Named Leading Provider of Financial Crime Solutions in RiskTech100 2012 Report
Detica NetReveal Named Leading Provider of Financial Crime Solutions in RiskTech100 2012 Report

14th November 2012

BAE Systems Detica today announced that its Detica NetReveal® solution has been named winner of the Financial Crime category of the Chartis Research RiskTech100 2012 report,. Companies were ranked according to their functionality, core technology, organizational strength, customer satisfaction, market presence and innovation. This is the...
Bank of the West signs up for Detica NetReveal fraud prevention solution
Bank of the West signs up for Detica NetReveal fraud prevention solution

4th October 2012

Detica NetReveal, a business division of BAE Systems Detica, has announced that Bank of the West, a subsidiary of BNP Paribas, has signed up to use the Detica NetReveal® electronic payment fraud solution for all its online, wire and ACH (automated clearing house) payments and the Enterprise Investigation Management solution for alerts and...
The Commonwealth of Massachusetts selects Detica NetReveal to fight Medicaid fraud and abuse
The Commonwealth of Massachusetts selects Detica NetReveal to fight Medicaid fraud and abuse

20th September 2012

Detica NetReveal, a business division of BAE Systems Detica, has been selected by the Commonwealth of Massachusetts’ Executive Office of Health and Human Services to help combat Medicaid fraud and abuse and to provide prepayment screening of the Commonwealth’s Medicaid claims. Detica NetReveal will help MassHealth manage cases of...
Norkom advises financial institutions to enhance defenses against spiraling payments fraud, a top concern for senior management
Norkom advises financial institutions to enhance defenses against spiraling payments fraud, a top concern for senior management

16th February 2011

Norkom fraud expert, Dena Hamilton, recommends investment in payment fraud management solutions, as new research reveals the availability of increased fraud budgets to combat rising financial fraud lossesLeading fraud and detection expert with Norkom Technologies, Dena Hamilton, has today warned global financial institutions to put in place...
Financial crime management a key focus for senior management in 2011, as financial institutions catch-up with innovating criminals
Financial crime management a key focus for senior management in 2011, as financial institutions catch-up with innovating criminals

9th February 2011

New research from Norkom reveals that anti-money laundering, internal fraud and payment fraud top the list of concerns for senior management in 2011, as financial crime teams prepare to fight a more sophisticated criminal threat with increased budgets and continued consolidation of financial crime informationNorkom Technologies has today released...
Norkom reports strong EBITDA growth and continued increase in revenues
Norkom reports strong EBITDA growth and continued increase in revenues

9th June 2010

Norkom Technologies, the leading provider of financial crime and compliance software solutions to the global financial services industry, has today announced its annual results for the year ended 31 March 2010The company reports the following key financials:• Revenue up 3% to €49.3 million (2009: €48.0 million)• EBITDA up 12% to €9.2...
Norkom signs Daiwa Capital Markets Singapore, strengthening Asian market presence
Norkom signs Daiwa Capital Markets Singapore, strengthening Asian market presence

9th February 2010

Norkom Technologies has today announced that it has signed a deal with Daiwa Capital Markets Singapore Limited, a leading global investment bank, bolstering Norkom’s position in the Southeast Asian financial crime and compliance marketplace. Daiwa Capital Markets Singapore will implement Norkom's market-leading Sanctions & Politically Exposed...
/images/news/33309.JPG
Norkom corners the Nordic financial crime and compliance market in latest deal with leading Swedish financial institution

8th July 2009

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...
Norkom’s Anti-Fraud Solution voted No. 1 in Global Marketplace
Norkom’s Anti-Fraud Solution voted No. 1 in Global Marketplace

16th June 2009

Norkom Technologies has been voted the world’s No.1 provider of anti-fraud solutions for the second time in the annual compliance software survey by the readers of OpRisk & Compliance, one of the industry’s most respected publications. Conducted among leading financial institutions across North America, Europe and Asia, Norkom is the only...
/images/news/32309.JPG
Banque Populaire announces ‘go-live’ with Norkom’s anti-money laundering solutions

13th May 2009

Banque Populaire, France’s leading co-operative bank, has successfully implemented anti-money laundering (AML) solutions from Norkom Technologies, reducing the threat of financial crime and complying fully with the 3rd EU Money Laundering Directive. Norkom’s AML solution, recognised by leading analyst firms as the market’s most advanced...