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  • Brewin Dolphin

    “We have deployed Datanomic’s Sanctions & PEP Screening solution to maintain and control our PEP list and Bank of England OFAC monitoring”

Posted by Sophie Geering | 9 Mar 2010

Datanomic showcases UK’s de-facto risk & compliance screening solution at the 15th Annual International Anti-Money Laundering Conference in Florida

Free screening data assessment for selected organizations attending the event

9 March 2010 – New York City, New York – Compliance and Data Management solutions specialist, Datanomic, which has recently opened a US subsidiary, is offering free Screening Data Assessments to selected organizations attending the 15th Annual International Anti-Money Laundering conference in Hollywood, Florida, on 15-17 March (Stand 211). Datanomic will be showcasing its dn:Director for Sanctions & PEP (Politically Exposed Persons) Screening solution, regarded as the UK’s de-facto Risk & Compliance screening solution – systematically checking more than five billion client records every month.

Using its dn:Director solution, Datanomic’s Screening Data Assessment identifies errors, inconsistencies and misfielded data, before demonstrating automated remediation to deliver fit-for-purpose data for exceptional screening accuracy.

dn:Director helps companies achieve far greater accuracy than competitive systems, dramatically reducing false positives (erroneous matches) and the consequential workload burden suffered by Compliance teams worldwide. Combining dn:Director’s advanced analytics for data preparation with powerful screening algorithms – regarded as the industry’s most advanced – delivers unparalleled customer screening accuracy, reducing false positives by as much as 70%.

“The significant reduction in false-positives frees up Compliance teams to focus on more value-added activities,” said Simon Pearson, Vice President of Risk & Compliance Screening at Datanomic. “In addition to cost reductions – customers reduce their risk exposure through the increased rigour and accuracy that dn:Director’s screening provides.”

The Annual Anti-Money Laundering Conference organized by The Association of Certified Anti-Money Laundering Specialists® (ACAMS®), is a must attend multi-industry forum for Anti-Money Laundering (AML) education and networking.

Organizations can register for the free Screening Data Assessment by visiting Datanomic at Stand 211 or by registering online at http://www.datanomic.com/events/trade-events/15th-annual-international-anti-money-laundering-conference-15th-17th-march-2010-florida/.

About Datanomic

Datanomic’s flagship enterprise Data Management and Compliance Screening software, dn:Director, helps organizations save money, remain compliant with legislation, streamline business processes, reduce waste and seize more opportunities. dn:Director’s broad capabilities enable organizations to identify and eradicate problems in customer, financial and product data, improve compliance performance, and better manage business risk. Based in Cambridge, UK, with an office in New York, USA, Datanomic was founded in 2001. www.datanomic.com

For further information, please contact:

Jeremy Jones
Datanomic Ltd
Tel: +44 (0) 1223 228418
Email: jeremy.jones@datanomic.com

Vanessa Land
Devonshire Marketing (PR for Datanomic)
Tel: + 44 (0)870 242 7469
Email: vanessa@devonshiremarketing.com