Mantas Anti-Money Laundering will further enhance Credit Suisse's compliance monitoring capabilities with respect to anti-money laundering and anti-terrorism funding systems.
Mantas Anti-Money Launderingâ¢ monitors accounts, customers, and correspondents across business lines for suspicious activities and possible money laundering. It provides automated, comprehensive, and consistent surveillance, enabling a global understanding of customer relationships and funds moving into and out of the institution. The system alerts analysts to detected behaviors and provides a context of business data and historical information with which to streamline analysis and resolution.
"We are pleased to add Credit Suisse to the growing list of global financial institutions that have selected Mantas for their compliance software needs," said Darren Innes, EVP of EMEA, Mantas. "The Mantas AML solution gives Credit Suisse the ability to more effectively manage their compliance operations. Mantas, when combined with sound training, education and process, transforms a functional compliance department into an industry-leading example of how compliance meets and exceeds regulatory requirements."