Nordea Group selects Norkom to achieve compliance and enhance its defences against financial crime

30 September 2008

Norkom Technologies has today announced that Nordea Group, the leading financial services group in the Nordic and Baltic Sea area with over 10 million customers, has selected Norkom’s transaction monitoring and watch list management solutions to help it achieve regulatory compliance and increase its defences against financial crime.

Norkom’s comprehensive financial crime and compliance software suite will help Nordea to comply effectively with national and international regulations, such as the recently introduced 3rd EU Money Laundering directive.

Voted Vendor of the Year 2008 by Compliance Reporter, Norkom is a market-leading provider of innovative financial crime and compliance solutions to the global financial services industry.

It has been described as “one of the few vendors that offer a comprehensive product suite that provides all essential components of an AML compliance solution” by the analyst group, Celent, was recognised as the ‘Best AML Solution’ in Banking Technology’s Readers’ Choice Awards 2007, ‘The Best Technology Solution’ in Complinet’s 2007 compliance awards.

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