BROOKFIELD, Wisconsin, May 13/PRNewswire/ — NetEconomy, the global leader in financial crime management and compliance solutions and a business unit of Fiserv, Inc. (NASDAQ: FISV), today announced that IBS Publishing has ranked NetEconomy as the top-selling provider of global anti-money laundering (AML) solutions. IBS determined the ranking by analyzing the AML market for the number of new name wins achieved in 2007.
“NetEconomy has had an exceptional year, leading the way with 38 new customer wins in the United States and Western Europe, putting it ahead of the rest of the field,” said James Ling, sales league table editor of IBS.
IBS Publishing produces a number of publications and events around the world focusing on the back office banking systems and operations market, with independent, unbiased coverage. The results of IBS’s new AML market survey demonstrate which systems and markets are most popular.
The industry’s top-selling solution in 2007, NetEconomy’s AML Compliance Manager, is a fully-integrated, easily-deployable and highly-effective anti-money laundering system. It uniquely combines transaction monitoring, list checking, risk scoring, case management and automated reporting, delivering the highest degree of accuracy and operational efficiency.
“Compliance is serious business for every financial institution. By offering unrivalled system flexibility, configurability and scalability we can better serve market demand from both the largest, most complex implementations, to single site implementations for smaller financial institutions,” said Sebastian Kuntz, chief executive officer of NetEconomy. “We are very pleased to be recognized by IBS, reinforcing our success and growth of the company over the last 18 months, as well as our leadership in the global anti-money laundering market. In addition, the ongoing expansion of our customer base means we have a vibrant community of users that will continue to drive the enhancements of our solutions to meet market needs.”
To receive a copy of NetEconomy’s Employee Fraud Kit, please visit http://www.neteconomy.com.
About NetEconomy
NetEconomy, based in The Hague, with offices around the globe, is the leading provider of financial crime management and compliance solutions. With more than 150 implementations across 60 countries, NetEconomy brings business value to its worldwide client base through its personalized customer approach for minimizing regulatory risk, delivering measurable results and protecting corporate brand and reputation. For more information, please visit http://www.neteconomy.com. For more information on NetPractice, visit http://www.netpractice.org.
About Fiserv, Inc.
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management and electronic commerce systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, electronic bill payment and presentment, investment management solutions, business process outsourcing (BPO), software and systems solutions. Headquartered in Brookfield, Wis., the company is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. In 2007, the company completed the acquisition of CheckFree, a leading provider of electronic commerce services. Fiserv reported nearly $4 billion in total revenue from continuing operations for 2007. For more information, please visit http://www.fiserv.com.
FISV-G
Source: NetEconomy
Fiserv Corporate Contact: Lori Stafford, Assistant Vice President Corp. External Comm., Fiserv, Inc., +1-262-879-5130, Lori.stafford@fiserv.com; For more information contact: Alison Holland, Director, Worldwide Marketing, NetEconomy, +1-508-893-6066, aholland@neteconomy.com
