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Truth Technologies Sponsors 2010 GCS AML Conference

Truth Technologies (www.truthtechnologies.com), is a leading provider of anti-money laundering and customer screening products. Truth Technologies' premier product, Sentinel with World-Check, is a secure, cost effective, locally hosted, global customer verification resource providing customer filtering, PEP screening, and customer monitoring for organizations in the Caribbean and around the world.

Truth Technologies is dedicated to the Cayman Market with operations located in Grand Cayman, a partnership with MCS and numerous clients on the island. We continue to support the Global Compliance Solutions Conference and the outstanding job the conference does in providing a platform for continued learning and growth in the Cayman AML Community. We feel it is important to help build on the already strong compliance environment in the Cayman Islands and the surrounding jurisdictions.

In a time when regulators are going beyond reviewing "If" you screened and focusing more on your organization's full process and the details of "How" you screened; it is important that you select a partner that provides a solution that not only meets your Compliance Needs but meets Regulator expectations and requirements. This is evidenced by the fine recently levied by the FSA on RBS in the amount of £5.6 million for lack of compliance in screening payments, inadequate monitoring of beneficial owners and using exact matching in their screening processes.

Truth Technologies continues to provide a robust Client Filtering and Monitoring Solution that evolves with the needs of the AML Community while still providing the highest level of Customer Service to our clients. We're excited for the opportunity to support the 6th Annual GCS Conference.

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