Norkom Technologies provides financial crime and compliance software to the global financial services industry. Founded in 1998.

A selection of Norkom clients include HSBC

HSBC

HSBC Holdings plc is a global banking and financial services company headquartered in Canary Wharf, London, United Kingdom. it is the world's second-largest banking and financial services group and second-largest public company according to a composite measure by Forbes magazine...

, Crédit Agricole

Crédit Agricole

Crédit Agricole S.A. is the largest retail banking group in France, second largest in Europe and the eighth largest in the world by Tier 1 capital according to The Banker magazine. It is also part of the CAC 40 stock market index....

, Standard Chartered Bank

Standard Chartered Bank

Standard Chartered PLC is a multinational financial services company headquartered in London, United Kingdom with operations in more than seventy countries...

, AXA

AXA

AXA S.A. is a French global insurance group headquartered in the 8th arrondissement of Paris. AXA is a conglomerate of independently run businesses, operated according to the laws and regulations of many different countries. The AXA group of companies engage in life, health and other forms of...

, Banco Santander, ANZ, and Bank of Montreal

Bank of Montreal

The Bank of Montreal , , or BMO Financial Group, is the fourth largest bank in Canada by deposits. The Bank of Montreal was founded on June 23, 1817 by John Richardson and eight merchants in a rented house in Montreal, Quebec. On May 19, 1817 the Articles of Association were adopted, making it...

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Norkom is headquartered in Dublin, Ireland, with operations and offices across Continental Europe, North America and Asia-Pacific.

History

In June 2006, Norkom became a publicly quoted company on the Irish Stock Exchange (ESM: NORK.IE) and London Stock Exchange (AIM: NORK:L). These listings paved the way for the acquisition of US-based Digital Harbor in July 2007, which further extended the company’s footprint into the North American marketplace.
In 2007, Norkom entered the Asia-Pacific financial crime and compliance market, becoming the dominant leader in Australia within a 12 month period.

On June 9, 2010, the company announced its annual results to March 31, 2010, reporting a 3% increase in revenue and a 12% improvement in EBITDA]]. In November 2009, Norkom was ranked on the FinTech 100, a list of the world's top 100 providers of financial technology, for the second consecutive year. This ranking was based on revenues from calendar year 2008 which saw Norkom moving up seven places in the ranking from the previous year.

In January 2011, a €217 million deal was agreed for Norkom to be taken over by BAE Systems

BAE Systems

BAE Systems plc is a British multinational defence, security and aerospace company headquartered in London, United Kingdom, that has global interests, particularly in North America through its subsidiary BAE Systems Inc. BAE is among the world's largest military contractors; in 2009 it was the...

. BAE plans to delist Norkom and merge it with its software subsidiary Detica

Detica

Detica is an international business and technology consulting firm owned by BAE Systems. It specialises in collecting, managing and exploiting information to reveal actionable intelligence...

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Accolades

Norkom Technologies has been recognized as market leader by industry analysts such as Chartis Research, Celent and Gartner, Inc. In April 2010, Norkom’s enterprise financial crime risk management solutions were ranked highest in the industry for “completeness of offering” for the second consecutive year by Chartis Research. In September 2009, Norkom’s Enterprise Fraud Management (EFM) solutions were awarded a “positive” rating by Gartner, Inc., in its report, “Marketscope for Enterprise Fraud Management” while in 2008 Norkom’s EFM capabilities were rated “Excellent” in its 2008 report, Critical Capabilities for Enterprise Fraud Management Tools. In its Evaluating the Vendors of Anti-Money Laundering Solutions, Celent described Norkom as “one of the few vendors that offer a comprehensive product suite that provides all essential components of an AML compliance solution.”.