McDonald Information Service (MIS) to Offer Profiler Solutions Case Management Tool

New York – 29 January 2007

Cicada’s Profiler Solutions division has announced that it is employing components of its Profiler customer due diligence/KYC software to develop a case management product for McDonald Information Service (MIS).

The product, called “MIS CM”, will be packaged into MIS’ services to provide automatic notification and case management facilities to customers of MIS’ due diligence and AML products, as well as the company’s OFAC database services. MIS CM will process MIS daily reports, notify customers of their availability and provide a workflow tool for review and analysis. Transparency and control is provided through the product’s audit trail and reporting facilities.

“Monitoring, tracking and reporting to meet PATRIOT Act and other regulatory requirements is a labor-intensive process, and our clients have been asking for more advanced solutions to help them manage this critical aspect of regulatory compliance,” said Richard Rager, Executive Director at MIS. “Cicada, using their Profiler KYC product and expertise in client data management quickly provided a solution that will reduce compliance risk and improve productivity for our customers.”

“MIS is a clear leader in the compliance arena, providing critical services to over 4,000 financial institutions in support of PATRIOT Act and other customer due diligence regulations. We are pleased that we have been able to leverage our Profiler technology to quickly develop an effective solution that meets the needs of MIS and its clients,” said Hubert Holmes, Cicada’s Executive Vice President.

As the MIS CM product is built using Profiler technology, MIS CM customers will have the option to easily add other modules in the Profiler suite, including upgrading to Profiler’s full flagship KYC product for customer on-boarding, risk assessment and due diligence.

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