TONBELLER and ISID announce partnership
Tokyo, Bensheim, 19 March 2010 – ISID, has signed an agreement with TONBELLER, a leading provider for financial crime prevention solutions for banks and insurance companies, to resell and provide on-the-ground support for TONBELLER's flagship product Siron®Financial Solutions. This partnership will enable Japanese financial institutions to evolve strategies and control defenses against money laundering (AML) / financing of terrorism (CTF), fraud and market abuse.
ISID incorporates years of experience of the Japanese market and complements TONBELLER's in-depth expertise in preventing financial crime. ISID is now responsible for reselling the Siron®Financial Solutions Suite in Japan. The partnership also includes first-level maintenance and consulting to local clients.
"We see excellent growth potential in the Japanese Market," says Niek ten Bosch, Sales Director APAC at TONBELLER. "Banks will all benefit from our expanded services in the region." Resources of ISID are now available to all financial service providers seeking to implement solutions for fighting financial crime.
"ISID is confident that the partnership with TONBELLER creates a new leader in the Japanese financial crime prevention market," says Tetsuo Iida, General Manager at ISID. "Together we can deliver valuable and effective solutions and support to small, mid-size and large banks, enabling them to comply with the regulatory requirements to fight anti-money laundering and terrorism financing in a productive and cost-effective way."
About ISID (www.isid.co.jp/english )
Established in 1975, ISID launched Japan's first private computer time-sharing services and has been offering several advanced services for international networks including remote data processing services, Japan's first international electronic mailing service, and CAE (Computer Aided Engineering) software. Thereafter, ISID became one of the premier system integrators in Japan with its customer base extended to financial, manufacturing, services, distribution and other industries.
About TONBELLER (www.tonbeller.com )
TONBELLER is the leading provider of financial crime prevention and compliance software to the global financial services industry and has been established in 1971 in Bensheim (close to Frankfurt) Germany. Every day, in over 45 countries worldwide more than 750 customers rely on TONBELLER's financial solutions and services to support their business.