Unisys Empowers Financial Organizations to Detect Cyber Crime Money Laundering Activities.

Business Editors/Hi-Tech Writers

SAN FRANCISCO--(BUSINESS WIRE)--Sept. 12, 2000

SIBOS CONFERENCE

As Money Moves Faster, Criminals Seek Out the Weak Link in the

Chain to Launder Money - Financial Institutions Must Ensure

That They are Not the Weak Link

As financial institutions grow their e-business capabilities globally, the threat of fraud and money laundering continues to increase.

The new Unisys e-@ction Anti-Money Laundering Solution enables financial institutions to identify and monitor potential fraud and money laundering transactions to a level of accuracy and detail that is unattainable in a manual environment.

Through the consistent and sophisticated use of customer data, the Unisys Anti-Money Laundering (UAML) solution builds both customer and transactional profiles - individually and generically - against which future transactions can be compared and suspect ones called out.

"UAML is not designed to turn bankers into policemen -- neither the bankers or police want that," said Rowan Bosworth-Davies, Principal Consultant, Unisys Strategic Global Business Development Program. "Rather it is intended to direct the normally limited compliance resources within an organization to the most suspicious transactions."

The Unisys e-@ction Anti-Money Laundering solution highlights those transactions that its rules consider suspicious. The financial organization then decides whether the transaction, customer, or account should be investigated, and determines what action to take. Decisions are always made by humans, not by a software program.

The Unisys e-@ction Anti-Money Laundering Solution:

 -- Identifies and prioritizes suspicious financial transactions.  -- Reflects international best-of-practice compliance standards.  -- Directs compliance efforts to where they are most needed.  -- Features a full audit history of who does what and when.  -- Is free-standing, fully scalable, and configurable to work with any system.  -- Can be continually updated via a dedicated website.  -- Leaves the financial institution in control. 

"With the rise in cyber crime year after year, few provisions are being implemented by banks throughout the world," Bosworth-Davies added. "The absence of urgency to address the real risks posed by the emergence of e-commerce issues is very troubling, particularly in the light of the International Counter-Money Laundering Bill passed by the U.S. House Banking and Financial Services Committee in June and other pending European legislation."

About Unisys

Unisys is an e-business solutions company whose 36,000 employees help customers in 100 countries apply information technology to seize opportunities and overcome challenges of the Internet economy. Unisys people integrate and deliver the solutions, services, platforms and network infrastructure required by business and government to transform their organizations for success in this new era.

The company offers a rich portfolio of Unisys e-@ction Solutions for e-business based on its expertise in vertical industry solutions, network services, outsourcing, systems integration and multivendor support, coupled with enterprise-class server and related technologies.

The primary vertical markets Unisys serves worldwide include financial services, transportation, communications, publishing and commercial sectors, as well as the public sector, including federal government customers. Unisys is headquartered in Blue Bell, Pennsylvania, in the Greater Philadelphia area.

For more information on the company, access the Unisys home page on the World Wide Web at www.unisys.com. Investor information can be found at www.unisys.com/investor.

Unisys is a registered trademark and e-@ction is a trademark of Unisys Corporation. All other brands and products referenced herein are acknowledged to be trademarks or registered trademarks of their respective holders.