LONDON, April 15, 2013 /PRNewswire/ -- Wynyard Group, the specialists in intelligence-led software and solutions for protecting companies and countries from threat, crime and corruption, has won a multi-year contract with HML - Europe's largest financial services outsourcers. HML will use Wynyard Financial Crime to help its clients comply with anti-money laundering regulations and fight financial crime.
HML delivers services to support a variety of mortgage and loan products to millions of customers spread over 45 leading financial institutions.
Like most companies in the sector, risk management, compliance and managing financial crime are of top priority. HML CEO, Andrew Jones, said that the increasing threat from crimes like fraud and money laundering requires a robust solution that will keep HML ahead of growing risks from organised crime.
"Criminals are using increasingly sophisticated tools to discover vulnerabilities and exploit them. Wynyard deliver intelligent solutions that help solve problems that continue to grow in scale, complexity and impact for financial institutions.
"We are confident that Wynyard can deliver us a solution that will help us to better manage risk and detect and prevent crime and corruption whilst protecting the privacy of our clients," said Jones.
Wynyard managing director, Craig Richardson, said growing organised crime and increased regulation is driving demand for new tools to fight new crimes and Wynyard's European office is rapidly expanding to meet market demand.
"Wynyard's risk management, intelligence, investigations and digital forensics products are used by UK government agencies and leading financial institutions.
"We are continuing to invest in crime science research and development and recruiting the best minds in the business to develop new tools to fight old crimes more efficiently and new crimes more effectively."
As a company that champions the use of rigorous governance policies and controls around data, Richardson said one of the key requirements from customers like HML is the protection of their client's privacy.
"Increasingly, organisations come to Wynyard because our products are purpose-built for defending vulnerable entities while protecting customer data and privacy. Many legacy products, and products adapted from broader business systems don't meet these standards," said Richardson.
This deal follows other recent wins among financial services institutions attracted by Wynyard's commitment to understanding their challenges and ability to rapidly deliver modular, easy-to-use solutions.
 HML is a subsidiary of Skipton Building Society. Skipton Building Society is a shareholder in Jade Software Corporation.
SOURCE Wynyard Group