Anti-Money Laundering and Compliance screening specialist, Datanomic Ltd, today announced that its dn:Director Sanctions & PEP (Politically Exposed Persons) Screening software has been shortlisted for ‘Best Technology Services Award’ in the 2008 Compliance Register Outstanding Service to Compliance and Regulation (OStCaR) Awards.
The award category ‘Best Technology Services’ is awarded to firms who provide technology services to financial services firms. The attributes of such a firm are high quality of services which meet regulatory expectations, reasonable costs and good industry reputation. “Our Sanctions & PEP Screening software is setting the standard for anti-money laundering and compliance screening,†said Dr Jonathan Pell, CEO of Datanomic. “Our award winning software is currently used by fifty percent of the UK’s top ten asset management firms, along with the UK’s largest VC/Private Equity firm and the largest Financial Third Party Administrator in the UK, as well as numerous other organisations across the world. We’re delighted to be recognised in the Compliance Register OStCaR Awards shortlist, and look forward to delivering even greater functionality around compliance as we continue to work closely with the financial services community.â€
Datanomic has provided screening software for approximately one billion customer records to date, and is the trusted platform of choice in the financial services and legal markets to help mitigate risk, avoid multi million pound fines, and help safeguard the reputations of some of the world’s most respected companies. Datanomic’s anti-money laundering solution is now installed across the four continents of Europe, Africa, Asia and the Americas. Furthermore, market penetration has now expanded outside of the traditional financial services sector and now includes large customer implementations in the mobile money sector with Vodafone - the largest mobile money brand – and is also rapidly gaining market share in other industry sectors. In addition to significantly reducing complexity and administrative overhead, Datanomic’s dn:Director Sanctions & PEP Screening software delivers industry best practice, providing a base from which management can develop tailored policies and procedures appropriate to their business. By reducing the amount of manual matching required, Datanomic’s solution frees up resources to focus manual effort on more complex tasks. Moreover, improving the effectiveness of enterprise data applications further enhances corporate performance and competitive advantage.
The Compliance Register is the International Organisation for Compliance Professionals and Senior Executives in the Financial Services Industry. The 2008 Compliance Register OStCaR Awards are given in recognition of excellence to individuals and firms while also raising funds for selected charities. The winners of the awards will be announced at a black tie awards ceremony on Monday 8 December 2008 at The Landmark Hotel in London.
The award category ‘Best Technology Services’ is awarded to firms who provide technology services to financial services firms. The attributes of such a firm are high quality of services which meet regulatory expectations, reasonable costs and good industry reputation. “Our Sanctions & PEP Screening software is setting the standard for anti-money laundering and compliance screening,†said Dr Jonathan Pell, CEO of Datanomic. “Our award winning software is currently used by fifty percent of the UK’s top ten asset management firms, along with the UK’s largest VC/Private Equity firm and the largest Financial Third Party Administrator in the UK, as well as numerous other organisations across the world. We’re delighted to be recognised in the Compliance Register OStCaR Awards shortlist, and look forward to delivering even greater functionality around compliance as we continue to work closely with the financial services community.â€
Datanomic has provided screening software for approximately one billion customer records to date, and is the trusted platform of choice in the financial services and legal markets to help mitigate risk, avoid multi million pound fines, and help safeguard the reputations of some of the world’s most respected companies. Datanomic’s anti-money laundering solution is now installed across the four continents of Europe, Africa, Asia and the Americas. Furthermore, market penetration has now expanded outside of the traditional financial services sector and now includes large customer implementations in the mobile money sector with Vodafone - the largest mobile money brand – and is also rapidly gaining market share in other industry sectors. In addition to significantly reducing complexity and administrative overhead, Datanomic’s dn:Director Sanctions & PEP Screening software delivers industry best practice, providing a base from which management can develop tailored policies and procedures appropriate to their business. By reducing the amount of manual matching required, Datanomic’s solution frees up resources to focus manual effort on more complex tasks. Moreover, improving the effectiveness of enterprise data applications further enhances corporate performance and competitive advantage.
The Compliance Register is the International Organisation for Compliance Professionals and Senior Executives in the Financial Services Industry. The 2008 Compliance Register OStCaR Awards are given in recognition of excellence to individuals and firms while also raising funds for selected charities. The winners of the awards will be announced at a black tie awards ceremony on Monday 8 December 2008 at The Landmark Hotel in London.
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