Software helps prevent/reduce damage from fraud.
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Press Release Summary:
Accessed via secure, Web-based interface, Hawkeye Anti-Money Laundering - Know Your Customer (Hawkeye AML-KYC) helps users identify institutional risks such as potential fraud, IP theft, and money laundering. Solution aggregates and integrates warehoused data from key sources of critical information for compliance professionals and incorporates analytical language engine capable of recognizing single-byte (English) and double-byte (Japanese/Chinese) characters.
Original Press Release:
Intersoft to Showcase US Patriot Act 312 and 326 Compliant Software Package at SIFMA 2008
A combined solution for single-byte (English) and double-byte (Japanese) databases
NEW YORK, June 11 -- Intersoft is excited to announce the showcase of its new, packaged software solution, Hawkeye Anti-Money Laundering -- Know Your Customer (Hawkeye AML-KYC), at the SIFMA (Securities Industry and Financial Markets Association) Technology Management Conference & Exhibit in New York, NY from June 10-12.
Hawkeye AML-KYC simplifies all aspects of compliance and dramatically reduces damage from fraud, while its rapid processing system provides immediate solutions for any business and its customers.
With this new technology, users are able to better identify institutional risks such as potential fraud, intellectual property theft, money laundering, and other rogue activities, which could affect the company's business. It provides fast, reliable data and profiles of existing and potential customers, business partners, and employees through an integrated search of government reports and lists, news items, law enforcement agency records, and proprietary internal data including blacklists. Individuals and companies can be quickly evaluated via an easy-to-use and secure web-based interface, and batch submissions of customer or employee lists make periodic evaluations of entire organizations possible.
Hawkeye AML-KYC aggregates and integrates warehoused data from key sources of critical information for compliance professionals, such as:
Media and investigation agencies
-- Databases of domestic and international newspaper companies
-- RSS news feeds
-- Credit records from investigation agencies
Government agencies
-- Patriot Act section 312 (Customer Due Diligence)
-- Patriot Act section 326 (Customer Identification)
Corporate internal data
-- Blacklists
-- Suspicious occurrences
-- Fraud reports
Hawkeye AML-KYC is a new product designed to help prevent money laundering and fraud. It incorporates an advanced analytical language engine (single-byte for English and double-byte for Japanese/Chinese) that can recognize a variety of characters. Support is available both in English and Japanese, and support in Chinese and Korean languages is scheduled for later this year.
About Intersoft
Intersoft is a multinational software company that provides global banks, insurance companies and securities firms with comprehensive IT solutions focusing on corporate governance and transaction compliance. In addition to software products, Intersoft offers services and support for a broad range of requirements including offshore development in India. Additional information is available at www.intersoftkk.com
Contact: Thomas Dalton
Tel: 212.618.1504 or 321.482.6588
David Rakhit
Tel: 408.895.1404 or 408.489.7272
Eiichi Horigome
Tel: +81.3.5405.2326
or +81.80.6656.2288
E-mail: hawkeye@intersoftkk.com
