The bank implemented the platform to enhance its compliance monitoring capabilities with anti-money laundering and anti-terrorism funding systems.
The Mantas Anti-Money Laundering system is designed to enable institutions to track customer relationships and funds moving into and out of the facility. It provides automated and consistent surveillance by monitoring accounts, customers and correspondents across business lines to detect suspicious activities and possible money laundering.
The system alerts analysts to detected behaviors and provides a context of business data and historical information which they can use to streamline analysis and resolution.
