Eontec and Norkom Form Technicla Alliance

Friday 20 February 2004 09:11 CET | News

Eontec and Norkom Technologies have formed a technical alliance that addresses the growing problem of fraud and money laundering for financial institutions.

Under the terms of the alliance agreement, Norkom and Eontec will work to integrate their solutions more closely together and promote each others technology to their client base, which includes some of the worlds leading financial institutions. Norkom Alchemist is the enabling technology and platform for a portfolio of business applications including anti-money laundering, fraud, operational risk management, watch list management, marketing automation and business performance analytics. Using pre-built behavioral models, business rules or scenarios, reports and templates Norkom Alchemist addresses business issues around risk and opportunity management enabling banks to minimize attempted financial crime, leverage efficiencies, improve competitiveness, reduce costs and increase profitability. Combining multi-channel banking services and real-time customer knowledge, Eontec provides massively scalable customer-banking software solutions. Assembled from process-driven banking and customer services and using industry-standard J2EE(tm) technology, Eontecs best-of-breed solutions include Branch {Teller and Platform}, e-Banking, Call Centre, and Multi-Channel Lending. Differentiated by their full functionality, open standards, scalability, and extensibility, Eontec solutions deliver flexibility, speed of implementation, cost reduction and enhanced customer relations to banks globally. Norkoms and Eontecs client lists from the banking sector include: Bank of Ireland, Bank Of Montreal Financial Group, Canadian Imperial Bank of Commerce (CIBC), Canadian Tire Financial Services, Commonwealth Bank of Australia, DBS Bank, EBS Building Society, Harris Bank of Chicago, HSBC Group, and ING Direct.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce