June 19th
Haydrian’s Anti-Money Laundering Solution, XM3, live at Monterrey’s friendliest bank Monterrey, Mexico - June 19th, 2007: Haydrian International, provider of world-class risk management solutions, announces that Banco Amigo, S.A. of Monterrey, Mexico has gone live with Haydrian’s Anti-Money Laundering (AML) solution, XM3. Banco Amigo is one of the latest banks to be using Haydrian’s advanced reporting, detecting and monitoring system to fight financial crime and protect themselves and their bank from being victims of money laundering and other financial crimes, and support compliance with AML obligations. In May XM3 was approved by the Comisión Nacional Bancaria y de Valores of Mexico in a recent inspection of Banco Amigo. After several installations in Mexico City, this is Haydrian’s first installation in Monterrey. “The people at Banco Amigo are as friendly as the bank itself, I am pleased that XM3 has made its first mark in Monterrey with them. The meticulous and technical team spent a great amount of time conducting due diligence on several AML solutions, the outcome was a win-win for both parties,” said Alex Logan, Vice President of Latin American/Caribbean for Haydrian. Haydrian’s AML solution was designed and developed by an internationally recognized management and engineering team to effectively address the increasing demands of combating money laundering and meeting the compliance guidelines established to limit the risk of exposure for institutions of local and global importance. Haydrian has developed a solution that can easily be tailored to address the complex challenges of today’s compliance and risk management without encumbering networks or creating a burden for IT departments. “Banco Amigo is delighted to have a world-class AML system that meets our needs not just for financial monitoring, but for Know Your Customer, Watch List Checking and Regulatory Reports. Its case management feature will enable us to deal efficiently with the AML alerts that arise, freeing resources for new important compliance work. It has been a pleasure working with the technically savvy and committed Haydrian team,” said Saul Barraza, Controller Director for Banco Amigo. About Banco Amigo, S. A.
Banco Amigo, was born on November 2006, with one vision in mind: Become the best bank for the working class in Mexico. Banco Amigo strives to promote top technology, high quality of human resources, constant innovation, improvement processes and strategic alliances. It offers innovative solutions to their clients and partners, maintaining a constant presence in sale points of high volume and improving the relationship with their clients. They are dedicated to the people of the Northeast region of the Mexican Republic and are open everyday. About Haydrian
Haydrian Corporation provides risk management solutions for financial institutions around the world. Our solutions include AML detection and monitoring, Customer Relationship Management, Basel II Operational Management, Internet Security, Consumer Credit Scoring, Private and Investment Banking Core and Islamic Core Banking. Haydrian is led by a team of experienced senior executives with a successful track record in international banking, compliance monitoring, consulting, financial services, credit analysis and risk management. In addition to corporate offices in the United States Haydrian has offices located in Mexico, Panama, Colombia, Brazil, Spain, Lebanon, Egypt, United Arab Emirates, Pakistan and Indonesia. |