Fairfax, Virginia, July 2014 – Exprentis Inc., a Virginia-based provider of compliance data analytics and knowledge engineering services, has signed a contract with a global financial services firm that serves clients in more than 50 countries. Exprentis has been contracted to validate and improve AML detection models for the firm’s correspondent and private banking divisions.
“I’m looking forward performing model validation services for this firm. Although it’s based in Europe, it has a major presence and operations in the U.S.,” said Dr. Tom Dybala, Exprentis’ Founder and President. “Implementation of model governance policies and model validation practice across different sets of regulations and practices always creates additional challenges.”
About Exprentis, Inc.
Exprentis is a software solutions firm providing products and services targeted to the regulatory compliance and risk management needs of financial services firms. Exprentis’ services include compliance data analytics, development of analytical detection models, model optimization and validation, setup and enhancements of model risk management frameworks, and technology research and feasibility studies. Exprentis’ products include regulatory knowledge-based products that help to automate compliance processes, enhance workflows, and ensure consistency of alert and case investigations and reporting. For more information go to www.exprentis.com.