Boston, Mass. — Norkom Technologies Ltd. was named “Vendor of the Year” in the sixth annual Achievement in Regulatory Compliance Awards given by Compliance Reporter, a publication of Institutional Investor News.

Norkom, an Ireland-based provider of financial crime and compliance software for the global financial services industry, received strong support from both its clients and the readers of Compliance Reporter in this year's balloting. The Norkom approaches to dealing with money laundering, fraud and risk management were all factors in the decision. Compliance Reporter cited Depository Trust and Clearing Corp.'s choice of Norkom for an effective way to track and analyze suspicious transactions, and it also noted AXA Financial's selection of Norkom's enterprisewide system of risk management.

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