Monday, Sep 01, 2008 Dubai: Dubai Islamic Bank (DIB) Dubai Islamic Bank (DIB) yesterday announced the purchase of an integrated anti-money Laundering and compliance solution from Norkom Technologies, a provider of financial crime and compliance solutions. DIB DIB will implement the solutions across its operations in the UAE and Pakistan. This advanced software will enable DIB DIB to monitor and analyse transactions and customer interactions across its entire customer base in order to identify and investigate suspicious and criminal behaviour. "This initiative demonstrates DIB DIB 's commitment to improve its defences against money laundering and terrorist financing. Norkom was a natural selection for us not only for its proven technological and international capability, but its excellent business acumen and approach to cultivating close customer relationships," said Waheed Rathore, Head of Group Compliance at DIB DIB . "Norkom invests as much time and effort in building close relationships with all its customers as it does in developing the best-of-breed financial crime and compliance software solutions. This deal represents a significant milestone for Norkom. By Staff Reporter © Gulf News 2008. All rights reserved. & omar 1.1:zy