Norkom supports Erste Bank Group to avoid Financial Crime

As the leading financial services provider in Central Europe, Erste Bank Group is committed to proactively protecting its business and stakeholders from the onslaught of financial crime while being fully compliant with all EU and country specific legislations pertaining to the detection and prevention of these crimes. To support this high level policy, Erste Bank Group has selected Norkom Technologies software, based on Norkoms proven ability to provide a holistic approach to managing financial crime across financial service organisations. The software suite encompasses Anti Money Laundering applications, which will provide Erste Bank Group with the ability to effectively monitor, detect, investigate and report on suspicious activities or unusual behaviour across all of its operating units and business lines. Norkom Technologies will initially deploy its AML application in Erste Bank Groups Czech subsidiary Èeská spoøitelna and its Slovak company Slovenská sporitelòa. This will be followed by full deployment across all of the Groups other business operations in Austria, Hungary, Croatia and the wider CEE.