Oracle Financial Services Software has launched new release of the Oracle Mantas Behavior Detection Platform.
The company said that the new release of Oracle Mantas provides detection and prevention functions, enhanced investigations through enterprise-level case management as well as alert and event correlation for a single financial crime and compliance management reporting platform.
The company also said that Oracle Mantas delivers interactive dashboards as well as drill down and ad hoc query capabilities provided by the Oracle Business Intelligence Suite Enterprise Edition Plus. Working with Oracle Adaptive Access Manager, Oracle Mantas enables financial institutions to correlate events and identify patterns through real time cross-channel fraud and suspicious activity monitoring along with fraud prevention and interdiction capabilities.
Oracle Mantas’s anti-money laundering, fraud, know your customer, broker compliance and trading compliance are a suite of applications designed to deliver value to financial institutions at a low total cost of ownership.
S Ramakrishnan, CEO of Reveleus and Mantas products at Oracle Financial Services Software, said: With the new release of Oracle Mantas, we are positioned to provide institutions with a holistic approach to financial crime management by offering a comprehensive solution that is integrated across key dimensions including detection, prevention, investigation and resolution as well as across multiple channels and lines of business.
