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Norkom Technologies Appoints Alain Tayenne as General Manager of Norkom Europe
DUBLIN, Ireland, February 19 /PRNewswire/ -- Norkom Technologies, the leading provider of financial crime and compliance software to the global financial services industry, has announced the appointment of Alain Tayenne as General Manager of Norkom Europe. Mr. Tayenne joins Norkom following a successful assignment with Reuters Corporation, where he had commercial responsibility for the trade and risk management applications business area for Continental Europe, UK and Latin America. Prior to this, Mr. Tayenne was Group General Manager for Financial Reporting Systems (FRS Global), the leading provider of global risk and regulatory compliance reporting solutions, with responsibility for over 220 employees spread across 13 direct offices worldwide. During Mr. Tayenne's tenure as Group General Manager, FRS Global saw its revenues double within three years, while engaging in multi-year relationships with key financial institutions and building significant contracted revenue. Announcing the appointment, Paul Kerley, Norkom's Chief Executive Officer, said, "We are delighted that Alain has agreed to join our team. With over 15 years' experience in European and global financial services, regulatory and risk knowledge, as well as an excellent general management track record, Alain will be a key driving force in developing and building upon Norkom's business strategy for Europe". According to Mr. Tayenne, Norkom Technologies represents a unique opportunity to work with a company that has the demonstrated ability to deliver cutting-edge solutions with the potential to significantly capture and increase its market share. "Over the last ten years, Norkom Technologies has become the undisputed leader in the area of financial crime and compliance solutions and is strategically poised to further build on that success. I am looking forward to working with such a motivated and capable team in building an even stronger presence in Europe," he concluded. Alain holds a Bachelor degree in Business Administration and Marketing. About Norkom Norkom Technologies (AIM: NORK.L, IEX: NORK.IE) is a market-leading provider of innovative financial crime and compliance solutions to the global financial services industry. We enable organisations to take intelligent action, control their defences and evolve their strategies against financial crime. By combining our unique financial crime and compliance technology platform with our deep domain expertise and extensive client experience, we offer a comprehensive set of solutions which can be scaled and customised to meet clients' current and future needs - from anti-money laundering and customer due diligence to enterprise investigation of all types of fraud. Used by clients in over 100 countries, including HSBC, Credit Agricole, Fortis, Rabobank, Standard Chartered Bank, Washington Mutual and Western Union, Norkom is proven to reduce financial losses, protect reputation, improve operational efficiencies and lower the total cost of ownership. Norkom has operations across Europe, North America and Asia Pacific. Norkom's software has been described as 'outclassing our competitors' by the analyst group, Celent, and as an 'effective enterprise wide financial crime management solution' by Gartner. Norkom was also recognised as 'The Best Technology Solution' in Complinet's 2007 compliance awards, the number one for AML and fraud in the OpRisk & Compliance magazine's software rankings survey and 'Best Product' in the Banking Technology Awards. Visit http://www.norkom.com for more information. Media contact: Fiona McLoughlin Marketing Manager Norkom Technologies Tel: +353-1-873-9612 Email: fiona.mcloughlin@norkom.com.






