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 firms, and insurance companies to monitor customer transactions on a daily basis. It also assists organizations in complying with national and international regulatory mandates using an enhanced level of internal controls and governance, as well as reducing compliance costs and reducing false-positive alerts. Considering the emphasis on counter-terrorist financing (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.
1 Oracle Mantas (36.2%)
2 SAS (25.6%)
3 Fiserv (15%)
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WINNERS ANNOUNCED: American Financial Technology Awards 2013
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