Norkom Technologies today announced that David Dixon has joined
the company as Managing Director for Global Solutions. A pioneer in
applying professional risk management disciplines to combating fraud
in financial institutions, Dixon will lead Norkom´s development and
delivery of solutions that enable banks to deal with sophisticated
fraud attacks that can strike at several levels of the bank and
originate from multiple sources and regions.
Dixon joins Norkom after a year as Director of Fraud and AML
Solutions in BearingPoint´s financial services practice. Before that
he spent ten years at Bank of Montreal, where he established and ran
the bank´s Fraud Containment Strategies Group. He also played a key
role in developing and implementing the program that helped the bank
fulfill its Basel II operational risk requirements. Prior to his
tenure at Bank of Montreal, he spent three years with the global risk
management practice at Ernst and Young.
"Financial institutions are facing a number of challenges in fraud
and risk management," Dixon remarked. "We are now seeing global fraud,
directed by organized crime groups, that has resulted in attacks at
levels that we have never seen before. To combat this onslaught,
managers have to be armed with correct and timely information and have
the capability of reacting swiftly."
Dixon will work with customers throughout Norkom´s global base of
Tier One banks and financial institutions, assisting in the ongoing
evolution of fraud and risk management strategies. He also anticipates
extensive involvement with Norkom´s engineers and product development
teams to ensure that the company´s technologies remain aligned with
clients´ evolving business requirements.
"We´re very happy that David has joined Norkom," said Norkom´s CEO
Paul Kerley. "He is well known to many of our clients around the world
and is recognized for his expertise in managing risk and combating
fraud. He is a welcome addition to our already strong team of experts
who are developing the next generation of strategies and programs that
will enable banks to operate efficiently and safely in today´s global
economy while remaining in compliance with all applicable laws and
regulations."
Dixon holds a bachelor´s degree in economics from Laurentian
University and a master´s degree in economics and organizational
development from McMaster University. A frequently sought speaker on
operational risk, fraud risk management, and anti-money laundering
strategies, his recent presentations have included:
-- "An Enterprise Approach to Financial Crime and Compliance,"
keynote address to Central European Financial Services Risk
Management Session in Prague, 2007;
-- "Fighting Financial Crime," keynote to New York Risk
Management Session, 2006; and
-- "Build an Infrastructure Strategy to Manage Fraud and
Compliance Risk," address to Benelux Risk Management Session
in Brussels, 2005.
Dixon will be the expert speaker at the Financial Times Fraud
Conference at Brewery Lane, London, on June 12th, 2008. For more
information, please email events@norkom.com.
NOTES FOR EDITORS
Norkom Technologies
Norkom Technologies (AIM: NORK.L, IEX: NORK.IE), with operations
across North America, Europe, and the Asia/Pacific region, is a
market-leading provider of innovative financial crime and compliance
solutions to the global financial services industry.
Norkom enables organizations to take intelligent action, control
defenses, and evolve strategies against financial crime. By combining
a unique financial crime and compliance technology platform with deep
domain expertise and extensive client experience, Norkom offers a
comprehensive set of solutions which can be scaled and customized to
meet clients´ current and future needs - from anti-money laundering
and customer due diligence to enterprise investigation of all types of
fraud.
Serving clients in over 100 countries, including HSBC, Credit
Agricole, Fortis, Rabobank, Standard Chartered Bank, Washington Mutual
and Western Union, Norkom has a solid track record of reducing
financial losses, protecting users´ reputations, improving operational
efficiencies, and lowering the total cost of ownership of information
technology.
