Softronic CM1 is the only Scandinavian vendor listed in Gartner’s AML report
As the only Scandinavian vendor, Softronic CM1 is mentioned in Gartner´s report, “Market Guide for Anti-Money Laundering”.
Gartner is the leading research and advisory firm specializing within technology related research. It provides insights, analysis and advice to companies worldwide to help them make strategic decisions in IT and business development.
– We are on the verge of a major technological shift that is changing not only how economic crimes are committed, but also how we can combat them. To meet these challenges and continue the fight against economic crime, it is of most importance that we share our knowledge and develop common strategies. We are happy to have contributed to the creation of Gartner’s Market Guide for Anti-Money Laundering report, says Sandra Madstedt, Business Manager CM1.
Gartner highlights a clear trend in the report: banks are increasingly looking for integrated and comprehensive solutions instead of relying on multiple separate systems. CM1 is Softronic´s answer to this need. CM1 is a complete solution for anti-money laundering and compliance, bringing together key features and services in a single tool.
Examples of features and services provided by CM1 include KYC and risk engine, PEP and sanctions screening, transaction monitoring, adverse media screening, and integration with regulatory authorities.
– We are, of course, looking into how AI and machine learning can further support CM1 by making case handling more efficient, reducing false positives and allowing more focus on the most complex cases. This is an area we approach with curiosity and see as a natural part of the future of CM1, says Sandra Madstedt, Business Manager CM1.
Softronic´s CEO, Mattias Flock says:
– It is truly a milestone that Softronic has been recognized by Gartner as a product company as well. This shows that our efforts to develop our own solutions are meeting our customers’ needs.
The report is available to Gartner´s subscribers: https://www.gartner.com/en/documents/6810734
Contact details
Mattias Flock, CEO, Softronic AB (Publ)
Phone: +46 702 407 392
Mattias.flock@softronic.se
Sandra Madstedt, Business Manager Softronic CM1
Phone: +46 70 881 31 53
sandra.madstedt@softronic.se
About CM1
CM1 is the Nordic region’s leading AML system for combating money laundering. The service includes tools and process support to ensure compliance with regulations on anti-money laundering and counter-terrorist financing. CM1 efficiently and seamlessly manages customer due diligence processes and transaction monitoring, as well as checks against PEP and sanctions lists. Softronic CM1 is a wholly owned subsidiary of Softronic AB, with around 25 employees and over 100 customers across Europe. www.cm1.se
About Softronic
Softronic offers innovative digital solutions that contribute to a more sustainable future. We help our customers create innovative and reliable digital services, which are meant to simplify people’s lives and jobs. This is what we call GoodTech – leading technology for a sustainable society. Softronic was founded in 1984 and is listed on the Stockholm Stock Exchange since 1998. We are about 450 people and have offices in Stockholm, Göteborg, Malmö, Sundsvall, Karlstad, Arjeplog and Visby. www.softronic.se