Philip Brennan

"We will use Norkom to assist us in establishing a base line risk profile for each customer at account opening and to instigate an appropriate level of monitoring activity," says Philip Brennan, group general manager, regulatory compliance, AIB.

Norkom's software will support this approach and will provide AIB with a single technology infrastructure for risk-based management of its AML activities, according to AIB's Group General Manager of Regulatory Compliance, Philip Brennan.

"We will use Norkom to assist us in establishing a base line risk profile for each customer at account opening and to instigate an appropriate level of monitoring activity," he explained.

General Manager of Regulatory Compliance, Philip Brennan.

"We will use Norkom to assist us in establishing a baseline risk profile for each customer at account opening and toinstigate an appropriate level of monitoring activity," heexplained.

Philip Brennan, group general manager of regulatory compliance, AIB, said: "After evaluating the market we concluded that Norkom,s software would help to facilitate compliance with the 3RD EU AML Directive across our operations and provide us with the architecture for a single technology infrastructure for risk based management of our AML activities."