Helping Financial Institutions Take A Proactive Approach to Detection, Case Management, Recovery and Compliance

The Syfact-Carreker partnership reflects the growing needs of banks and financial institutions worldwide to establish efficient systems to combat financial crimes, improve efficiencies and reduce operational risks. As regulations become more complex and the risks increase, Syfact and Carreker partnership is poised to help financial organizations take a proactive and comprehensive approach to detection, case management, recovery and compliance.

The Carreker and Syfact relationship enables Carreker to offer SYFACT®Investigator to its growing global client base of financial institutions. The alliance allows Carreker to broaden its Risk Solutions portfolio by providing its clients with world class case  management software as well as implementation services, training and support for Syfact solutions.

Founded 26 years ago, Carreker (NASD:CANI) is a $119 million company that provides
products and services to more than 250 global clients. Carreker's global bank clients include: the top 20 in the United States and 75 of the next 100; the top six in Canada; the top four in the United Kingdom; the top two in Ireland; the top five in Australia; three of the top four in South Africa, and select financial institutions in South America, Mexico,
and the Caribbean. Headquartered in Dallas, Texas since 1978, the company has offices around the world including in Memphis, Charlotte, London, and Sydney and employs more than 500 industry professionals.

As a leader in advanced software applications for fraud detection and risk management,
Carreker Corporation's solutions address the growing risk and compliance challenges
facing financial institutions globally. By expanding the portfolio of Carreker's Risk Solutions with SYFACT Investigator they have boosted the ability of banks of all sizes to proactively combat money laundering while meeting greater regulatory requirements and protecting their shareholder value and reputations. This alliance further solidifies Carreker's position as the preeminent global provider of risk management solutions and Syfact's position as a leader in investigative case management.

Together, Syfact and Carreker will help banks better identity risk and ensure compliance throughout the lifecycle of an investigative case surrounding a suspicious event or activity. Additionally, Carreker Corporation intends to integrate SYFACT Investigator into its proven fraud solution suites to enhance fraud detection and lower operating costs when detecting payment and deposit fraud.