View michael sijes profile on linkedin, the worlds largest professional community. Technology has become an essential tool forcomplying with anti money laundering aml and counterterrorist funding legislation. Advanced technologies, new product launches and research and development activities in the global antimoney laundering software market is also provided in the report. The company primarily focuses on enterprisewide anti money laundering, surveillance and trading compliance software. It provides automated, comprehensive, and consistent. Review and analysis of corporate and individual financial statements, balance sheets, income tax returns k1 and partnership returns, real estate budgets, letters of credit and credit reports. List of antimoney laundering aml companies and vendors. Aml, or anti money laundering, software helps financial institutions comply with the bank security act and other financial regulations designed to prevent financial crimes on the local and global scale. Sr business analyst resume nyc, ny hire it people we. Herndon, virginia, united states industries communications infrastructure, financial services, software, trading platform headquarters regions washington dc metro area, east coast, southern us founded date 2000 operating status. Antimoney laundering software market scope of the report. Technology has become an essential tool forcomplying.
The global antimoney laundering software market is expected to expand at a cagr of % during the forecast period, primarily driven by the increasing. Moneycompliance has focuses quite a bit on tools for fraud and antimoney laundering, but this is different from those tools. Oracle financial services anti money laundering also provides a proven implementation methodology that permits predictable deployment with predefined data sourcing and scenario functionality. In the fight against financial crime, antimoney laundering software is a valuable tool for institutions all over the world. Compare real user opinions on the pros and cons to make more informed decisions. This manual is organized into the following chapters. It provides solutions like suspicious activity monitoring sam. Antimoney laundering mantas solutions essay 7556 words. September 7, 2004 mantas today introduced mantas 4. Implementation and testing of mantas anti money laundering software for customer record and data purpose. Asiapacific financial institutions to benefit from antimoney laundering, trading compliance and broker compliance solutions july 04, 2004 08.
C ombatting money laundering is a key challenge for the financial services industry. Advanced analytics makes it easier to manage alerts, test. Antimoney laundering aml software is used by legal and financial institutions as part of the effort to combat financial crime specifically, to detect, identify, and report money laundering activities. Anti money laundering sme,specializing in conceptualizing of anti money laundering scenarios as well as consulting and implementation of oracle mantas aml solution at tier 1 banks. Actimizes aml life cycle management helps the client remain compliant along with provision of intelligent aml operations. Mantas antimoney laundering monitors accounts, customers, and correspondents across business lines for suspicious activities and possible money laundering. Getting to know mantas the mantas corporation, based in virginia, along with offices in new york, the united kingdom, and. Mantas is a global software company that has pioneered a new class of technology called behavior detection. Sas antimoney laundering takes a risk based approach to helping you uncover illicit activities and comply with aml and ctf regulations. Antimoney laundering and know your customer neil isford.
Antimoney laundering aml antimoney laundering aml 16 companies found antimoney laundering software applications monitor bank customer. Technology and compliance improvements in mantas 4. Antimoney laundering aml software is a type of computer program used by financial institutions to analyze customer data and detect suspicious transactions. Michael sije senior linux and database administrator. Amltrac integrates seamlessly into ibank and bankware.
Mantas to provide the habib bank limited, pakistan with industry leading antimoney laundering aml and compliance software and services voip for enterprise enterprise voice, video. Coupled with the knowledge of oracle administration and application development, he also possess good system administration skills on solaris 10 and several linux distribution including oracle enterprise. Spend on the components of operationsnamely training, analysis and reporting is expected to take a major chunk followed by the spend on internal and external it spending. Oct 01, 2006 marblehead, ma prweb october 1, 2006 mantas, inc. Selfmotivated seniorlevel compliance and aml executive with significant years of relevant experience in transaction analysis, department management, and procedural development. Request a demo combat constantly evolving financial crime patterns. Sep 28, 2006 mantas to provide the habib bank limited, pakistan with industry leading anti money laundering aml and compliance software and services mantas continues global momentum, and is deployed in more. Mantas inc company profile and news bloomberg markets. Oracle financial services anti money laundering can help reduce implementation and compliance risk through quick deployment, sophisticated and predictable production management. July 2011 celent report on trends in antimoney laundering 2011 hcl antimoney laundering solution. The basis for the development of the monitoring systems should be on the bank secrecy actantimoney laundering bsaaml risk assessment, which is a mandatory assessment to be conducted by banks. Apply to anti money laundering analyst, executive, software engineering manager and more. Dec 04, 2009 read this technology research paper and over 89,000 other research documents.
Given the low impact of current aml efforts, combined with the. Leading teams in development, business intelligence, mis reporting, data warehouse and product implementations. Some of the companies that mantas provides its services to include. Aug 03, 2016 aml360 empowers knowledge across compliance departments through data visualisation.
Apr 02, 2014 the intergovernmental action group against money laundering in west africa giaba and the gambia financial intelligence unit have determinedly collaborated to put in place anti money laundering and counter financing terrorism strategies that would prevent or frustrate the efforts of money launders and other financial criminals in the gambia. Review and analysis of corporate and individual financial statements, balance sheets, income. This allows for strategic deployment of compliance on a modular basis by leveraging source data multiple times, without reengineering the system. Muhammad usman mirza bi project manager askari bank. Experienced working in oracle technologiesproducts like sql, plsql, oracle developer, oracle business intelligence suite, oracle mantas anti money laundering software. Tackling money laundering and terrorism financing in. Aml, or antimoney laundering, software helps financial institutions comply. Roy varghese consulting technical manager operational. Tackling money laundering and terrorism financing in gambia. Antimoney laundering aml software is used by legal and financial institutions as part. Part of the companys effort to extend the reach of its products and services, mantas one is a cost effective antimoney laundering aml and fraud detection solution with a feature set and benefits designed to meet smaller institutions needs. Aug 11, 2015 oracle mantas ectc is part of the oracle mantas suite of financial crime and compliance management applications, including oracle mantas antimoney laundering, fraud, know your customer, broker compliance and trading compliance, which helps financial institutions to reduce false positives, achieve quicker timetocompliance, and improve. Antimoney laundering mantas solutions research paper.
Current anti money laundering aml compliance processes are dominated by high levels of manual, repetitive, dataintensive tasks that are inefficient at disrupting money laundering activity. Anti money laundering software market to rise at a cagr of. Mantas enables aml compliance at first bank nigeria. Detect money laundering by surfacing unusual customer behavior and suspicious money movements through advanced analytics and industryproven scenarios. It provides solutions like suspicious activity monitoring sam, customer due diligence, watch list f iltering, c.
It is a complete, multibranch, multilayered, language independent solution for banks and other financial institutions. Antimoney laundering training program is a fast, easy, and inexpensive way for financial services companies to meet key requirements of u. Mantas enables antimoney laundering compliance at first bank of nigeria 11jan08 lagos, january 11, 2008. Getapp is your free directory to compare, shortlist and evaluate business solutions. New york and karachi, pakistan business wire mantas, inc. Mantas antimoney laundering will further enhance credit suisses compliance monitoring capabilities with respect to antimoney laundering and antiterrorism funding systems.
Oracle mantas ectc is part of the oracle mantas suite of financial crime and compliance management applications, including oracle mantas antimoney laundering, fraud, know. In response to the renewed resolve to prevent, detect and report money laundering, global aml compliance spending is expected to increase at an exponential rate. This manual is intended for the following useruser roles. Current antimoney laundering aml compliance processes are dominated by high levels of manual, repetitive, data. Amltrac is our awardwinning anti money laundering software and counterterrorist financing solution. Sas anti money laundering takes a risk based approach to helping you uncover illicit activities and comply with aml and ctf regulations. Mantas to provide the habib bank limited, pakistan with industry leading antimoney laundering aml and compliance software and services mantas continues global momentum, and. Aml360 empowers knowledge across compliance departments through data visualisation. Implementation and testing of mantas antimoney laundering software for customer record and data purpose. Ns, a leading provider of technology solutions to the global financial services industry, today announced that first bank of nigeria fbn has successfully implemented mantas.
May 10, 2006 part of the companys effort to extend the reach of its products and services, mantas one is a cost effective anti money laundering aml and fraud detection solution with a feature set and. Seniorlevel compliance and aml executive resume sample. Sep 28, 2006 new york and karachi, pakistan business wire mantas, inc. Roy varghese consulting technical manager operational risk. Sr business analyst resume nyc, ny hire it people we get. There are four basic types of software that address anti money laundering. Apply to anti money laundering analyst, engineering program manager, executive and more. Antimoneylaundering and the enterprise data hub in financial services the only way as a firm we really can competewhat is our. This assessment highlights areas of a banks risk, and exposes any potential gaps in. I have worked in tera data for data warehouse development. Antimoney laundering sme,specializing in conceptualizing of antimoney laundering scenarios as well as consulting and implementation of oracle mantas aml solution at tier 1 banks. The growth in the aml software market can be significantly attributed to the following factors. Sep 28, 2006 mantas to provide the habib bank limited, pakistan with industry leading anti money laundering aml and compliance software and services voip for enterprise enterprise voice, video and data over ip will change the way we work, communicate and collaborate.
Evaluating the vendors of antimoney laundering solutions. Read this technology research paper and over 89,000 other research documents. The intergovernmental action group against money laundering in west africa giaba and the gambia financial intelligence unit have determinedly collaborated to put in place antimoney. Anti money laundering software aml software is software used in the finance and legal industries to meet the legal requirements for financial institutions and other regulated entities to prevent or report money laundering activities. The basis for the development of the monitoring systems should be on the bank secrecy actantimoney laundering bsaaml risk assessment, which is a mandatory assessment to be conducted by banks as part of the compliance program. Getting to know mantas the mantas corporation, based in. Abn amro, barclays capital, charles schwab, citibank and merrill lynch. This industrywide training program allows producers to complete core training just once, and documentation is sent to every carrier they represent. Herndon, virginia, united states industries communications infrastructure, financial. Advanced analytics makes it easier to manage alerts, test scenarios and comply with evolving industry regulations. It also works with any existing backoffice legacy system acting as a complementary extension to it.
Mantas to provide the habib bank limited, pakistan with. Sas antimoney laundering vs actimize aml comparison. A latest study collated and published by transparency market research tmr analyzes the historical and presentday scenario of the global antimoney laundering software market, to accurately gauge its potential future development. Part of the companys effort to extend the reach of its products and services, mantas one is a cost effective antimoney laundering aml and fraud detection solution with a feature set and. Antimoney laundering software market global industry. Pulak mistry ofsaa fccmmantas consulting and development. Detailoriented individual who exemplifies professionalism, and an ability to manage multiple projects and tasks at any given moment. Mantas introduces aml system for small and midsized. For the fourth consecutive year, oracle mantas has emerged the winner in the best antimoney laundering solution provider aml category. Chapter 1 oracle flexcubemantas integration talks about the maintenances required for exchanging data to mantas, the handoff files, and batch process for extracting and writing the handoff data.