EastNets showcases its latest solutions at Sibos 2014

Oct. 2, 2014 - PRLog -- October 2, 2014

EastNets, a leading global provider of compliance and payments solutions for the financial services industry, recently showcased its cutting-edge anti-money laundering (AML) solutions during Sibos 2014 which opened on Monday, September 29, 2014 and ended today (Thursday, October 2, 2014) at the Boston Convention and Exhibition Center in the US. The company showcased its next-generation AML software solutions, and highlighted important new features in its AML solution, with its recent announcement of the Integration of EastNets’ Anti-Money Laundering Solutions with IBM® i2® Analyst’s Notebook® Premium.

EastNets en.SafeWatch Profiling solution combines EastNets powerful AML engine, advanced detection algorithms, sophisticated trends and scenarios and comprehensive profiles with IBMs’ unique, advanced Data Analytics Tools to optimize the value of massive amounts of information, and equip users with powerful Analysis and Visualization techniques

EastNets AML Watch-List Filtering solution has also seen important new developments this year. en.SafeWatch Filtering has grown over the years into a powerful web solution with stripping and real time detection for Swift, SEPA, Fedwire and custom messages, and sophisticated components including security model that allows interoperability among various applications.

Hazem Mulhim, CEO, EastNets, said: “We were very excited to be at SIBOS again this year with important new developments including the integration of EastNets’ Anti-Money Laundering (AML) Solutions with IBM® i2® Analyst’s Notebook® Premium. This development will allow our customers –namely banks- to quickly collate data in a powerful visual analysis environment, helping them build a cohesive intelligence picture. Since our establishment, we have been committed to helping businesses manage risks, stay compliant, and reduce complexities through our solutions. Over the years, we have earned the trust and confidence of our clients as we consistently live up to our promise of delivering excellent, strategic and measurable results. We are continuously looking for ways to develop the most sophisticated applications and establish new partners in the industry, and Sibos 2014 provides us with an opportunity to highlight our advanced AML solutions, and exchange ideas with key industry influencers about the latest market trends. This makes the conference and exhibition show a very crucial part of our success. We are glad to have been part of this four-day event and are looking forward to interacting with the participants from across the globe.”

Sibos 2014 serves as an ideal platform for EastNets to demonstrate the innovative features of its solutions to effectively and efficiently catch suspicious transactions and investigate alerts. Through the company’s software systems, FI will be able to further ensure their strict compliance with AML laws.