NominoData is excited to partner with Banker's Tool Box to provide Negative News
Incline Village, Nevada (PRWEB) September 22, 2015
NominoData is proud to announce a partnership with Banker's Tool Box. The partnership enables Banker's Tool Box to drive compliance efficiency for its customers, by integrating NominoData search engine that allows financial institutions to research recent and historical negative news. The integration is named "Negative News."
NominoData, a solutions company that focuses on compliance and risk management issues, originally developed Negative News to provide risk-relevant data to assist financial institutions with their compliance processes. Banker’s Toolbox recognized the strong value the service could provide to its customers and the two companies formed a mutually beneficial partnership. Negative News can be used in conjunction to BAM+, Banker’s Toolbox’s BSA/AML and fraud prevention software.
Robert Goldfinger, President of NominoData said, "We are excited to partner with Banker's Tool Box. For many years they have been a leader in the transaction monitoring and case management marketplace to fight fraud and financial crime. This partnership will provide their customers with an enhanced tool to comply with compliance and risk requirements."
Al Macdonald, CEO of NominoData added, " Nominodata recognized the high quality of products and services that Banker's ToolBox provides for their customers. NominoData's negative news further expands their solutions by integrating the high quality data available in NominoData's Negative News cache."
Nominodata provides a suite of products and services for Financial Institutions. In addition to our Negative News Plus, we offer a Sanctions/Watch-list solution named OFAC PLUS, a domestic /international PEPS solution, Marihuana Legitimate Business File and a HIFCA/HIDTA data file.
For more information about these products please contact:
Robert Goldfinger CAMS CFS Cmdr. CID (retired)