FOR IMMEDIATE RELEASE
A top tier US bank retains Exprentis to help with quality improvements and tuning of their AML compliance technologies supporting international operations.Fairfax, Virginia, January 10, 2011 – Exprentis, a Virginia-based provider of regulatory compliance solutions for the financial services industry, signed a new contract with a top tier US bank to provide resources that will help to improve data quality and will tune scenarios for detection of money laundering behaviors. This new task order starts the 5th year of a multi-year professional services contract that focuses on the regulatory compliance technologies and analytical services that help to improve the quality of data and alerts, and therefore to increase efficiency of compliance teams. "We are very happy that our long term customers repeatedly reach out to our firm to fulfill their needs in the area of AML data analytics and detection model tuning. This time we face several new analytical challenges that come from international operations in countries that have diverse regulations and are known to be destinations for money launderers. We are well equipped with our specialized analytical tools and methodologies to face those challenges. We will make every effort to deliver outstanding results." – said Tom Dybala, Founder and Principal of Exprentis.
About Exprentis, Inc.
Exprentis is a software solutions firm providing products and services targeted to the regulatory compliance and risk management needs of financial services firms. Exprentis' services include analytical model analysis and fine tuning, creation of custom scenarios or detection models, technology research and feasibility studies, and regulatory knowledge engineering.
Exprentis' products include knowledge bases and software agents that help to automate compliance processes, enhance workflow, ensure consistency of analysis and reporting, and improve return on investment in high end monitoring solutions. For more information go to
www.exprentis.com.
