i-flex Solutions' Mantas Takes First Place in Waters Rankings for Anti-Money Laundering Solution

i-flex Solutions Ltd has announced that Mantas, a business of i-flex® solutions and a provider of regulatory compliance, loss prevention and revenue generation solutions, on June 27, 2007, announced that it won the fifth annual Waters Ranking for Best Anti-Money Laundering (AML) Solution.

The award is voted on by the subscribers of Waters, the monthly magazine that covers information technology and solutions in the financial services industry. Waters is recognized as the leading publication in this area. Nearly 600 subscribers of Waters voted in this year's rankings. The AML category generated the largest number of votes cast by financial professionals across two dozen categories, and Mantas won by a sizeable margin.

Mantas Anti-Money Laundering, provides automated, comprehensive, and consistent surveillance of accounts, customers, and correspondents across all business lines for suspicious activities and possible money laundering. Mantas has long been considered the "gold-standard" in AML solutions based on a history of successful implementations at many of the world’s leading financial institutions such as ABN Amro, Barclays Capital, Charles Schwab, and Merrill Lynch.

Mantas has also won a string of Waters awards, including consecutive victories for AML in 2005 and 2004 and Best Compliance Solution in 2003.

"Mantas continues to work hard to ensure our products, including the Mantas AML solution, meet the demanding needs of our customers and the financial services market in general. Mantas AML and our other solutions from Mantas and Reveleus are designed to give our customers confidence in their processes to control risk, manage compliance and prevent fraud. It is gratifying that our solutions also give our customers confidence in us," notes Stephen Epstein, Vice President and Head of Product Management for Mantas.

Source : Equity Bulls

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