Erase profiles financial behaviour by monitoring transaction streams and other customer data, providing a comprehensive view of all customer activity.

Alfons Widmer, vice chairman, executive board, Dexia Private Bank Switzerland, says: "We chose NetEconomy's Erase because it most closely matched our Know Your Customer (KYC) and internal anti-money laundering (AML) requirements."

This latest deployment is part of Dexia Group's Europe-wide roll out of Erase. The group's Luxembourg branch, Dexia Bil has been operational with the software since December 2002 and implementations at branches and subsidiaries in London, Singapore, Monaco and Paris are to follow.