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FinScan’s Murray Dickman to Speak at 2009 International Anti-Money Laundering Conference in Montreal, Canada

Presentation will focus on importance of data quality in compliance screening accuracy

PITTSBURGH, PA – November 19, 2009 - FinScan, a leading provider of sanctions, PEP and heightened risk screening solutions for the financial services industry worldwide, today announced that its chief operating officer, Murray Dickman, will be a featured speaker at the Canadian Institute’s “Lutte contre le blanchiment d’argent” (Fight against money laundering) conference at the Hotel Hyatt Regency, Montreal, Canada, November 23-24.

Mr. Dickman’s presentation will address the importance of high quality client data in ensuring the effective performance of anti-money laundering detection techniques. Unless it is operating with high quality data, Mr. Dickman argues, expensive anti-money laundering software can be rendered ineffective. By committing resources to developing high quality data, organizations can leverage the accuracy and efficiency of their software.

“When compliance managers implement a software solution, they naturally seek to achieve the highest level of performance for the money spent, but the capabilities of the software itself aren’t the only factors determining screening accuracy,” said Mr. Dickman. “I look forward to sharing FinScan’s experiences and insights to help organizations attending this conference obtain the best results and highest return from their compliance investment.”

The Canadian Institute created this anti-money laundering conference to help participants avoid civil penalties by making sure they have effective anti-money laundering controls in place. A broad range of compliance topics will be covered, including risk analysis, money laundering prevention and detection, administrative penalties, training programs and suspicious transaction reporting.

About Fin Scan
As the compliance business division of Innovative Systems, Inc., (ISI), FinScan protects organizations against non-compliance with the world-class data quality and data matching capabilities that are the cornerstone of all ISI products and services.

FinScan helps financial services organizations worldwide meet the requirements of international government regulatory agencies by providing the most advanced sanctions list and PEP compliance solutions available. FinScan offers 24/7/365 list management; licensed, hosted, or transactional screening options; and automated due diligence reports to help ensure the most effective and accurate compliance for our clients. The FinScan Web site is located at www.finscan.com.

About Innovative Systems, Inc.
Innovative Systems is a global leader in delivering enterprise customer information solutions to organizations whose success depends on a complete and accurate understanding of their customers. ISI's solutions include the i/Lytics® Enterprise Data Quality Suite; i/Lytics® PostLocate™, a CASS™ certified address validation and geocoding solution for mainframe and open systems; Synchronos™, ISI’s CDI and enterprise customer management solution; FinScan® for sanctions and PEP list screening; and specific-purpose business support applications to reduce credit losses, identify better prospects, improve customer service, better align service channels to customer value and better execute marketing and business intelligence projects.

Since 1968, companies worldwide have relied on ISI’s data quality software, systems integration, database solutions and customer information process consulting. The company has set the standard for data quality management in thousands of customer-centric projects utilizing the firm’s services and software for creation and maintenance of customer-centric databases.

Innovative Systems is headquartered in Pittsburgh, Pennsylvania, site of the 2009 G20 summit, with European offices in London, and representative offices in Brazil, Mexico, Netherlands, South Africa, and the Middle East. ISI software supports both Unicode and IBM operating systems in interactive and batch modes. ISI has completed projects in more than 30 countries in seven natural languages – with additional languages added on demand. The Innovative Web site is located at www.innovativesystems.com.


Company Press Contact:
Karin O'Sullivan
Innovative Systems, Inc.
Tel: +1 (412) 937 7678
kosullivan@innovativesystems.com

Trademark Notice
I/Lytics®, i/Lytics PostLocate™, FinScan® and Synchronos™ are trademarks of Innovative Systems, Inc. All other products or company names are used for identification purposes only, and may be trademarks of their respective owners.

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