Korea Exchange Bank licenses Mantas AML software
22 May 2007 | 6791 views | 0
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."