New York, NY (PRWEB) August 20, 2009
Oracle Financial Services Software won 'Best Anti-Money Laundering Solution' in the 2009 Waters Rankings. The seventh annual Waters Rankings (http://www.watersonline.com) is an industry-respected award where the winners are chosen by the qualified readers of Waters magazine, a financial IT publication with more than 10,000 readers.
"Oracle Mantas is yet again the undisputed champion when it comes to providing anti-money laundering solutions for financial services firms. Mantas won in the AML category by an overwhelming majority for years and since its acquisition by Oracle, the solution and its team of experts remain on top. The readers of Waters clearly see Oracle Mantas as the must-have solution when it comes to detecting and preventing money laundering and other fraudulent operations," says Phil Albinus, editor of Waters.
"Oracle is honored that Waters' readers have once again selected Oracle Mantas as the #1 AML solution," said S. Ramakrishnan, Chief Executive Officer of Reveleus and Mantas Products, Oracle Financial Services Software. "Recent events have focused the financial services industry like never before on financial crime and compliance management issues. Oracle is committed to helping financial institutions surmount these evolving challenges and gain enterprise-wide visibility through our comprehensive AML and fraud detection solutions."
Each year, the readers of Waters are invited to choose the best financial IT services and solutions that help CIOs and CTOs get their job done. This year, more than 1,000 voters filled out the Waters Rankings ballots. The qualified Waters Rankings voters work inside today's leading investment firms, hedge funds and exchanges. Technology vendors and media relations firms were not allowed to vote.
The winners of the 2009 Waters Rankings will be announced in the July 2009 edition of Waters and on the Waters web site: http://www.watersonline.com. Waters also celebrated with the winners at an exclusive cocktail party and awards ceremony at Metrazur in New York's Grand Central Terminal on June 30, 2009.
Waters is the leading source for news and analysis in the financial IT arena. Since its launch in 1993, Waters magazine delivers information and insight to the chief information officers and chief technology officers who work inside leading institutional investment firms, hedge funds and exchanges. Waters covers the confluence of business and technology in market data, trading & risk management and infrastructure as well as the human issues of talent management, staff retention and compensation. Waters has more than 10,000 subscribers worldwide and presents all-day conferences, exhibits, and webinars. Each Tuesday, nearly 14,000 subscribers receive the weekly Waters News alert. For more information, please visit http://www.watersonline.com.
For any questions about Waters Rankings and how to qualify for next year, please contact Phil Albinus, editor for Waters, at phil(dot)albinus(at)incisivemedia(dot)com.
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