Expert System and NominoData are announcing a strategic partnership for anti-money laundering activities for financial institutions. The collaboration of Expert System’s Cogito and NominoData’s Negative News, Sanctions and PEPS information enhances the pool of intelligence data resulting in complete results for financial institutions looking to dramatically increase their insights into KYC & AML activities.
“As regulatory requirements increase,” said Bryan Bell, EVP Corporate Development, Expert System “institutions are expected to capture and verify a wider scope of information on their new and existing customers, their customers customers and any relationships that exist across business lines. This includes performing Customer Due Diligence (CDD) at on-boarding, conducting regular Know Your Customer (KYC) reviews and refreshing content periodically to capture and review previously unknown information. We are excited to be partnering with NominoData. As a combined solution we will continue to support organizations of all sizes meet these requirements in a more complete and automated way.”
Robert Goldfinger, President of NominoData LLC stated: “We are excited to extend the partnership of Expert System and NominoData by providing esstential financial crimes data for Expert System to deploy in their artificial intelligence processing. By making our negative news, sanctions/watchlist and PEPS data available to Expert System it enables Cogito userers to have the most up to date and comprehensive due diligence information available for business requirements. As an ACAMS certified expert I know how valuable the Cogito solution is for Financial Crimes programs.”
Expert System & NominoData will both be sponsoring the 16th Annual Anti-Money Laundering and Financial Crime Conference in Las Vegas, NV September 25-27, 2017 (http://www.acamsconferences.org/vegas/ ). To see their solution in action, please stop by their booths or email Ali Harapko [email protected] to make an appointment or for more detail.