Mantas Inc., a business of i-flex(R) solutions and a provider of
regulatory compliance, loss prevention and revenue generation
solutions, today announced a new relationship with a top Israeli bank.
Mantas was chosen because of its global reputation and expertise in
designing solutions to meet regulatory demands across multiple lines
of business, all on a single platform.
In addition to finding a vendor with a history of successful
implementations, the full-service commercial bank focused on a
solutions provider who could offer a single platform to handle large
volumes of disparate data. The bank, which provides a complete range
of personal and commercial banking, trade services and innovative bank
deposit products, found that Mantas has the industry's most
comprehensive solution for exceeding regulatory requirements and
minimizing risk.
"Our client's business requirements were to grow their business
and to address current and future regulatory requirements. By
implementing the Mantas platform, with its proven ability to meet
global regulatory demands, our new customer has unparalleled ability
to future-proof their compliance initiatives," said S. Ramakrishan,
CEO for Mantas and Reveleus. "We've seen a substantial increase in
customers from around the globe looking for holistic enterprise
compliance solutions. With Reveleus we are now in a position to offer
significant enterprise solutions like the financial services
industry's first Governance, Risk and Compliance (GRC) framework."
About Mantas
Mantas provides its clients with the industry's most advanced
solutions for regulatory compliance, loss prevention and revenue
generation. Mantas is a global software company with operations in
Europe, the Americas and Asia/Pacific. Recognized as a leader in
global operational transparency, the company's products are used by
more than 5,000 finance professionals in more than 100 countries.
Headquartered in Herndon, Va., the company has offices in London, New
York, and Singapore. For further information, please visit:
www.mantas.com
About i-flex solutions
i-flex(R) solutions (Reuters: IFLX.BO and IFLX.NS) is a world
leader in providing IT solutions to the financial services industry,
with more than 720 customers in over 120 countries. Its range of
products, custom solutions and consulting services enable financial
institutions to cut costs, respond rapidly to market needs, enhance
customer service levels and mitigate risk. Oracle holds a majority
stake in i-flex solutions. This strategic relationship provides
financial institutions around the world with an unmatched,
comprehensive and integrated suite of solutions.
i-flex and FLEXCUBE are registered trademarks of i-flex solutions.
Reveleus, Daybreak, Mantas and PrimeSourcing are trademarks of i-flex
solutions and are registered in several countries.
All other company and product names are trademarks of the
respective companies with which they are associated.
For information, please visit: www.iflexsolutions.com
