Credit Agricole combats crime with Norkom...

Crédit Agricole will use financial crime and compliance software from Norkom across all of its retail banking operations in France. The software will be rolled out to a network of 41 Caisses Regionales and Crédit Lyonnais in several phases over the next 18 months.

Crédit Agricole wanted a platform that can respond to national and international regulations, as well as provide an efficient process to gain operational savings.

Norkom's anti-money laundering and watch list management software will be used to monitor banking transactions to detect suspicious behaviour using behavioural profiling, link analysis and case management technology.

It will monitor transactions against various "watch lists" to immediately identify high-risk individuals, organisations or countries and prioritise investigations to focus attention on the greatest threats.