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Desjardins Subsidiary Selects Amadeus For Compliance Process ControlQuebec City, March 16, 2006 - Amadeus inc. “Amadeus” (TSX-V: AML), a pioneer and leader of advanced compliance process control solutions, today announced that Desjardins Financial Security, fourth ranked provider among life and health insurers in Canada and first in Quebec, has selected the Amadeus’ eQCM® compliance process control suite for the management of regulatory compliance. Compliance with regulations and standards, long-term maintenance of this compliance and the evaluation of the financial and operational risks represent significant challenges for a life and health insurer facing an increased regulatory environment, such as Desjardins Financial Security. Insurers must conform to the legal and regulatory requirements to which they are subject while integrating seamlessly the management and control of compliance into their operational cycles. By using the eQCM® compliance process control suite of Amadeus, a life and health insurer will increase its profits, improve its customer satisfaction, reduce the risks of penal and administrative sanctions and reinforce its corporate image. The implementation of eQCM® across Desjardins Financial Security will enable proactive control of regulated processes and will deliver actionable intelligence to every level of management providing real-time access to compliance-related processes. ‘‘We are pleased that Desjardins Financial Security has embraced eQCM® in their pursuit of a comprehensive compliance solution. The selection of eQCM® by Desjardins Financial Security further validates our strategy to broaden our position as a leader in the compliance automated solutions for the financial services market ’’, commented Yves Leblanc President and CEO of Amadeus. About Amadeus For further information: Amadeus inc. Isabelle Rivoal, |
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