i-flex solutions acquired Mantas®Inc., in October 2006. The Mantas risk and compliance behavior detection solutions are the industry's most comprehensive solutions for detecting risk, enhancing customer relationships, and addressing regulatory requirements in the anti-money laundering, trading and broker compliance areas. The two organizations see great synergies emerging from this acquisition. Both i-flex solutions and Mantas deliver solutions exclusively to financial institutions and bring an intense focus on domain expertise and customer satisfaction. Further, Mantas' customer base is highly complementary to that of i-flex solutions', and Mantas' solution offerings leverage the i-flex solutions product portfolio. Moreover, i-flex solutions' broad market reach and distribution channels will help accelerate Mantas' growth by providing access to leading financial institutions in new markets. In 2007, Mantas AML was named "Best Anti-Money Laundering Solution" in Waters magazine. The company has won several Waters awards, including consecutive victories for AML in 2005 and 2004 and "Best Compliance Solution" in 2003. The Mantas risk and compliance solutions operate within the Reveleus GRC framework as part of i-flex's Analytical Applications offering:
Mantas Anti-Money Laundering Mantas Trading Compliance Mantas Broker Compliance Mantas Fraud Surveillance