With this alliance, Bankers Systems will be the sole provider in the U.S. of an integrated service that screens potential and existing customers of financial institutions against a global list of high-risk individuals and organizations. This unique service can be used as part of the financial institution's customer identification and anti-money laundering program to conduct enhanced due diligence, screen for politically exposed persons and correspondent accounts for foreign shell banks, and help verify the identity of those persons the institution deems suspicious or at a potentially higher risk.

New York - Kroll Inc. (Nasdaq: KROL), the world's leading independent risk consulting company, and World-Check, a leading provider of intelligence on potential high-risk financial customers, have formed a partnership to offer joint anti-money laundering (AML) and regulatory compliance services to financial institutions worldwide, the two companies announced today.