Thinking hard about AML software

WHEN software vendors recall the anti-money laundering technology market just after 9/11, they often use the word "frenzy".

Shortly after the attacks, US lawmakers strengthened existing anti-money laundering rules, many of them aimed at financial services firms. Eager to protect their reputations, banks rushed to comply, snapping up AML software. The problem, says Rosemary Turley, head of marketing at AML technology vendor Norkom, was that many firms "leapt before they looked".

"The sheer frenzy

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here