Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Analytics

6/22/2009
03:33 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

Fortent Offers Hosted Solution For Midsize Financial Institutions

Fortent Connect crimes management solution fights crime and manages regulatory compliance

NEW YORK, June 22 /PRNewswire/ -- Fortent (http://www.fortent.com) today announced that it will offer Fortent Connect, a solution designed to help mid-sized financial institutions fight crime and manage regulatory compliance, as a hosted service. Fortent Connect is easy to use and delivers high performance at a competitive price.

Fortent Connect combines essential financial crime management and compliance capabilities - sanctions and "PEPs" screening, anti-money laundering (AML) and fraud monitoring, customer risk rating, alert management and regulatory reporting -- into one system. Delivered as a hosted service, Fortent Connect will offer the additional benefit of lower start-up costs, faster implementation and easier operation. Fortent also offers its all-in-one Connect solution as enterprise software that a financial institution can install behind its own "firewall."

"Using hosted software has become a smart option for business," said Sandy Jaffee, Fortent Chairman and CEO. Advantages include lower total cost of ownership, no capital outlay, access to the latest technology, and reduced pressure on limited in-house IT resources, she noted. Fortent also offers its industry-leading anti-money laundering transaction monitoring and Know Your Customer solutions as hosted services.

"Fortent is focused on delivering solutions that minimize complexity, lower costs and enable organisations to make the best use of their resources," Ms. Jaffee continued. "Coupled with the broad financial crime and compliance management capabilities of Fortent Connect, the hosted version delivers a powerful and cost-effective solution."

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
DevSecOps: The Answer to the Cloud Security Skills Gap
Lamont Orange, Chief Information Security Officer at Netskope,  11/15/2019
Attackers' Costs Increasing as Businesses Focus on Security
Robert Lemos, Contributing Writer,  11/15/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
Navigating the Deluge of Security Data
In this Tech Digest, Dark Reading shares the experiences of some top security practitioners as they navigate volumes of security data. We examine some examples of how enterprises can cull this data to find the clues they need.
Flash Poll
Rethinking Enterprise Data Defense
Rethinking Enterprise Data Defense
Frustrated with recurring intrusions and breaches, cybersecurity professionals are questioning some of the industrys conventional wisdom. Heres a look at what theyre thinking about.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2011-4968
PUBLISHED: 2019-11-19
nginx http proxy module does not verify peer identity of https origin server which could facilitate man-in-the-middle attack (MITM)
CVE-2012-0824
PUBLISHED: 2019-11-19
gnusound 0.7.5 has format string issue
CVE-2012-0843
PUBLISHED: 2019-11-19
uzbl: Information disclosure via world-readable cookies storage file
CVE-2014-5439
PUBLISHED: 2019-11-19
sniffit 0.3.7 and prior: A configuration file can be leveraged to execute code as root
CVE-2011-4919
PUBLISHED: 2019-11-19
mpack 1.6 has information disclosure via eavesdropping on mails sent by other users