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Bridger Systems Announces Release
of Bridger Tracker™ 5.6.0.0 for Windows
Tracker 5.6 Features a Bridger Systems-provided Integrated IDV Feature
Bozeman, Montana—August, 8 2003—Bridger
Systems, Inc.SM, a leader in OFAC and
USA Patriot Act compliance software, today announces the immediate availability
of OFAC,
Homeland, and World Tracker 5.6 for Windows. Tracker 5.6's most exciting new
feature is
the Bridger Systems-provided identity verification (IDV). As a result of Section
326 of the
USA Patriot Act, financial institutions are now required to establish and verify
the identity of
customers as part of an overall Customer Information Program (CIP). With the
integration
of a Bridger IDV feature, Tracker 5.6 delivers a solution designed to satisfy
USA Patriot Act
requirements. The Tracker 5.6 for Windows upgrade is available to current customers
and
potential customers as a trial at www.bridgertracker.com.
"Tracker 5.6 is an example of Bridger Systems' commitment to providing fiduciary
institutions with a best-of-class solution to meet their USA Patriot Act and
OFAC
compliance needs," said Colleen Howell, president of Bridger Systems. "Our
understanding
of government requirements and our customers' needs directed us to develop an
IDV
feature that integrates with our premium data list search software,
Bridger Tracker. Trackers' eight modules now satisfy major components of a CIP:
IDV,
data list checks, and record maintenance."
Along with the addition of the Bridger Systems IDV feature, Tracker 5.6 offers
more secure
file export and import formats, refined batch file reporting, a customizable
IDV policy
window, and an audit trail for record statuses. "Tracker 5.6 enhancements
exemplify Bridger
Systems' continuing effort to provide customers with cost-effective tools to
meet their
OFAC and USA Patriot Act requirements," said Michael Woodberry, Development
Manager.
Section 326 of the USA PATRIOT Act requires that financial institutions have
a CIP that
collects customers' identifying documentation, verifies identity, and checks
account and
transaction information against specified government lists. Section 326 also
requires that a
record of the ID verification and data list check and the results of both
are kept for
five years after the account is opened. Bridger Tracker software performs various
checks on
identity information; searches publicly-available data lists and customer
generated
lists; and maintains records of those inquiries and their results for auditing
purposes.
About Bridger Systems, Inc.SM
Bridger Systems is a software research and development company formed in 1991
whose
specialty is combining advanced technology with vision and innovation to produce
high quality,
cost-effective solutions. Bridger works with top fiduciary companies, insurance
companies, and retailers both in the U.S. and internationally. Bridger's OFAC,
Homeland,
and World Tracker software is the leading OFAC and USA Patriot Act compliance
solution
available on the market. Currently, 80% of U.S. banks have their data checked
by Bridger
Tracker software. Bridger also produces ZIPFind® and ZIPFind® Locator
software for the
web, and the popular AgDirect Internet web site.
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