best aml compliance solution oracle mantas · for the fourth consecutive year, oracle mantas has...
TRANSCRIPT
For the fourth consecutive year, Oracle Mantas has emerged the winner in the best anti-money laundering solution provider (AML) category. The Oracle Mantas Behavior Detection Platform incorporates detection, prevention, investigation, and resolution functions across multiple channels, jurisdictions, lines of businesses, and customer life-cycle stages. The platform provides automated surveillance across accounts, customers, correspondents, and third-party transactions enabling organizations such as banks, brokerage fi rms, and insurance companies to monitor customer transactions on a daily basis. It also assists organizations in complying with national and interna-tional regulatory mandates using an enhanced level of internal controls and governance, as well as reducing compliance costs and reducing false-posi-tive alerts. Considering the emphasis on counter-terrorist fi nancing (CTF) and the corresponding increase in both local and global AML/CTF regulations, this will be an ever more important consideration for businesses across the industry. Oracle Mantas Anti Money Laundering is available as a part of the Oracle Financial Services Analytical Applications offering.
Best AML Compliance SolutionOracle Mantas
S. Ramakrishnan, Oracle Mantas
This recognition as the top AML Compliance Solution Provider for the fourth year in a row by Waters’ readers is a sincere honor. As threats become more sophisticated each day and the current and expected regulatory changes make compliance more challenging, Oracle will continue to invest in Mantas as a unifi ed fi nancial crime and compliance management platform for Anti Money Laundering, Fraud detection, broker and trading compliance to meet the dynamic needs of our fi nancial services customers,” said S. Ramakrishnan, Group Vice President and General Manager, Financial Services Analytical Applications.
1 Oracle Mantas (36.2%)
2 SAS (25.6%)
3 Fiserv (15%)
waterstechnology.com© 2010 Incisive Media Investments. All rights reserved. Used by permission. First published in Waters August 2010.