The vendor's trading compliance product will provide the bank with complete visibility into interactions between traders and other market participants, and tracks mishandled transactions, attempts at market manipulation and anti-competitive behaviour.

Mantas's money laundering tool will monitor accounts, customers and correspondents for unusual activity across the enterprise.

Peter Cherasia, CIO, Bear Stearns, comments: "Bear Stearns takes its compliance and trade surveillance responsibilities very seriously. We are pleased with our selection and the progress we have made during the implementation."