NEW YORK, and DUBAI, United Arab Emirates, December 9 /PRNewswire/ --

- New Fortent AML 6.0 release enhances investigation and correspondent
banking features

Fortent has released a new version of the company's market-leading
anti-money laundering technology, the company announced today at the Middle
East-North Africa International Money Laundering/Terrorist Financing
Conference & Exhibition, hosted in Dubai by the Association of Certified
Anti-Money Laundering Specialists (ACAMS) and the Union of Arab Banks.

The latest offering in Fortent's financial crime product suite, AML 6.0
targets growing areas of concern for financial institutions - correspondent
banking risk and tougher "Know Your Customer" requirements imposed by
regulators. As Middle Eastern financial centers play an increasing role in
the global marketplace - from private equity to stock exchanges - the
region's banks are implementing more rigorous anti-money laundering programs
throughout their operations.

Fortent AML 6.0 streamlines the financial crime investigation process and
provides deeper profiling of correspondent banking accounts, allowing
organizations to better comply with international and local regulatory
standards and reduce the risk of enforcement penalties. For clients in the
Middle East, Fortent AML displays Arabic data in addition to English.

More efficient alert investigation

"This next generation Fortent application represents a major leap forward
in compliance technology and the ability to fight financial crime," says
George Faux, Group Executive, Client Relationship Management, at Fortent. "As
banks in the Middle East make rapid strides to ramp up their anti-money
laundering operations, they are seeking the most advanced solutions available
on the market.

"With AML 6.0, Fortent customers will see significant payoff in several
areas, including a whole new level of efficiency in the alert investigation
process. Organizations are increasingly concerned about the resources
absorbed by investigations, and the new set of tools in Fortent AML maximizes
the efficiency in this area, saving clients time and money."

New tools for correspondent banking

Responding to heightened regulatory interest in correspondent banking,
Fortent has significantly enhanced the monitoring of correspondent banking
accounts around the world. With U.S. and international policy-makers - such
as the Financial Action Task Force (FATF) and the European Union - imposing
tougher "Know Your Customer" standards for banks, the latest version of
Fortent AML automatically drills down to collect and organize more granular
information about individual parties to transactions, making the process
transparent.

"Our new correspondent banking features meet increasing regulatory
expectations and create efficiencies across multiple lines of business,
including compliance departments, allowing banks to more accurately assess
their risk," observes Mr. Faux. "Instead of time spent on manual data-mining
to gather individual party information, our customers will have an automated
process that learns as it works and continually develops profiles that
identify previously unknown risks."

In operation at tens of thousands of branches worldwide, Fortent AML is
recognized as "best-in-class" by the American Bankers Association. Its system
is known throughout the industry for:

-- Up to 15% case-worthy alerts versus the industry standard of 1%
    -- Providing a lower total cost of ownership and an increased return on
       compliance technology investment
    -- Producing the fewest false positives through unique profiling
       technology

"Money laundering is a global challenge and transcends country borders,"
remarks Mr. Faux. "Financial institutions operate in a global market, but
need to have solutions in local languages to meet local conditions.

"With this Dubai conference and an ongoing program to enhance our
offerings to Middle East clients, Fortent is committed to meeting the needs
of the region's financial institutions here and wherever they operate."

Fortent will conduct demonstrations of Fortent AML and Fortent KYC
systems at the Fortent booth at the Middle East-North Africa International
Money Laundering/Terrorist Financing Conference & Exhibition in Dubai on
December 9, 10, and 11.

If you would like more information about Fortent AML 6.0 or Fortent's
other risk and compliance solutions, please contact Suzanne Oaks or Rimjhim
Dey of Temin and Company at +1-212-588-8788 or news@teminandco.com.

About Fortent

Fortent provides risk and compliance solutions to financial institutions,
government agencies, and individuals in more than 100 countries. It has
relationships with more than 400 institutional clients, including 26 of the
world's 30 largest financial firms, which use Fortent technology in over
50,000 locations worldwide.

Fortent combines technology innovation and expertise in regulatory risk
to help financial institutions improve productivity and protect hundreds of
million accounts from money laundering, terrorist financing, and other
financial crimes. Endorsed by the American Bankers Association as the
industry gold standard, Fortent's advanced systems deliver the most efficient
and effective anti-money laundering, know your customer, and fraud detection
available on the market today. Technology clients include The Bank of New
York, Bank of Tokyo Mitsubishi-UFJ, Barclays, JPMorgan Chase, Justice Federal
Credit Union (U.S. Department of Justice), Lloyds TSB, The Royal Bank of
Scotland, Scotiabank, Societe Generale and UBS.

Through its information and training businesses, Fortent serves as an
authoritative source of regulatory information, news, and guidance. Alert
Global Media publishes moneylaundering.com and Money Laundering Alert, and,
in Spanish, lavadodinero.com. It also produces the world's largest money
laundering conference and exhibition. Other services include the industry's
leading professional certification program, career planning tools, web
seminars, and conferences in the U.S., Europe, Latin America, and the Middle
East.

Fortent's global team operates from key offices in New York, Miami,
Atlanta, London, and Tokyo. For further information, visit www.fortent.com.

CONTACT: Suzanne Oaks or Rimjhim Dey of Temin and Company, 
+1-212-588-8788, or news@teminandco.com, for Fortent.

Web site: http://www.fortent.com