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| Skipton Banks on Compliance Alert for AML and Fraud Detection Skipton Building Society has implemented Compliance Alert from Northland Solutions as its anti-money laundering and fraud detection solution. Compliance Alert was chosen in August 2007 after a competitive procurement process to replace existing manual and in-house systems. The deployment went live across the entire business on 22nd October, just seven weeks after commencement. The solution, therefore, was in place to support the launch of Skipton's new internet savings account which is strategically significant to the society's online business. Online savings accounts require a speedy and sophisticated level of compliance in order to satisfy regulatory requirements. Skipton's Compliance Alert solution addresses these, providing interfaces to third party solutions including CallCredit for third party client identification and verification. Skipton's subsidiary Bailey Computer Services, which operates a bureau and managed services business, will also be making Compliance Alert available to its clients. write your comments about the article :: © 2007 Computing News :: home page |