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Korea Exchange Bank licenses Mantas AML software

22 May 2007  |  6879 views  |  0 zeroes

I-flex subsidiary Mantas has signed Korea Exchange Bank to its anti-money laundering and compliance technology.

The bank will use the Mantas technology to comply with both international and local anti-money laundering regulations.

Mantas says the technology will also enable the bank to expand its international business in Asia, Europe, and the US.

Commenting on the contract, S Ramakrishan, Mantas CEO, says: "The Mantas platform, with its proven ability to meet global regulatory demands and strong double-byte enablement purpose-built to serve the demands of an Asian bank, provides unparalleled ability to future-proof their compliance initiatives and grow their business."

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