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Anti-Money Laundering Mantas Solutions. Getting To Know Mantas The Mantas
Corporation, based in Virginia, along with offices in New ...
Submitted by zmezyou on February 28, 2007
Category: Technology
Words: 7330 | Pages: 30
Views: 286
Popularity Rank: 40,378
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Getting To Know Mantas
The Mantas Corporation, based in Virginia, along with offices in New York, the United Kingdom, and Singapore, has created powerful business intelligence solutions that help other companies determine risk, make informed decisions, improve relationships and grow their business. The people of Mantas are financial service professionals who understand the different aspects of business from compliance regulations and data distribution. As an overview, Mantas began as a business unit focusing on meeting the demands of an ever-changing global financial services industry.
"In the mid-1990s, the Mantas team began work as a business unit of SRA International, Inc. Focusing from the start on meeting the needs of the global financial services industry the first Mantas products addressed trading compliance and best execution for the National Association of Securities Dealers(NASD) and Merrill Lynch. Today, both systems remain in operation with the NASD Advanced Detection System monitoring every trade that goes through the NASDAQ and Merrill Lynch's BEAMS helping that firm lead the industry in Best Execution evaluation.
Recognizing the value this technology could provide, SRA International in partnership with Safeguard Scientifics, Inc., a developer and operator of emerging infrastructure technology companies, spun-off Mantas, Inc., in May 2001.
In October 2003, Safeguard Scientifics, Inc. (NYSE: SFE) made an additional investment in Mantas. This investment was directed towards continued global expansion and product advancement. "
Today, Mantas provides more than five thousand professionals in financial institutions worldwide with analytic applications that concentrate on risk management, performance management, fraud detection and operational analysis needs to improve business. The company primarily focuses on enterprise-wide anti-money laundering, surveillance and trading compliance...
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