EastNets Recognized as Category Leader in Chartis RiskTech QuadrantTM for Anti-Money Laundering 2013

The Completeness of EastNets offering and it’s market potential puts it into the Category Leaders quadrant for AML solutions

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New York, NY and Dubai, United Arab Emirates (PRWEB) May 01, 2013

EastNets, a leading global provider of compliance and payments solutions and services for financial institutions and corporates, has been recognized as an Anti-Money Laundering (AML) Category Leader in Chartis’s Anti-Money Laundering Solutions 2013 RiskTech Quadrant. TM EastNets has been recognized for its advanced AML capabilities in the Chartis report, which considers a number of criteria based on completeness of offering and market potential in assessing the capabilities of global vendors for AML solutions.

Hazem Mulhim, CEO, EastNets, said, “This report by Chartis, provides an overview of the competitive landscape for AML solutions and helps distinguish the vendors that are able to deliver technology solutions that meet an organization’s needs. Being recognized as a Category Leader by one of the most trusted and reputable industry analyst and research authorities: Chartis, is therefore a very important reaffirmation of the continuing success of EastNets in delivering solutions that offer a much broader array of superior and innovative AML capabilities. The report places EastNets right where it needs to be as we push forward with our strategic plans to offer state of the art solutions, and to continue to expand our offerings and our market on a global level, while reinforcing the company’s status as a leading provider of global compliance and payment solutions and services.”

Peyman Mestchian, Managing Partner at Chartis, said: “EastNets has maintained its status as a leading vendor offering AML solutions for financial institutions. The company has consolidated its market stronghold by leveraging its core strengths and deep domain expertise to drive innovation in its AML products and services.”

The Chartis Research AML Report covers the competitive landscape for AML systems and uses a sophisticated ranking methodology to explain which technology solutions meet an organization’s needs.

About Chartis
Chartis is the leading provider of research and analysis on the global market for risk technology. Its goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis helps clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.

RiskTech QuadrantTM is a registered trade mark of Chartis Research limited.

Chartis Research is authorized and regulated by the Financial Conduct Authority (FCA) for providing investment advice - (http://www.chartis-research.com).

About EastNets
EastNets® is a leading global provider of compliance and payments solutions for the Financial Services industry. Over the past 30 years EastNets has built distinctive expertise to develop and implement standardized and individual solutions against financial crime, and for risk management, monitoring, analysis, reporting, and state-of-the-art consultancy and customer support. Over 1000 customers including some of the largest international financial institutions rely on EastNets solutions and professional services, and over 300 corporate and Financial Institutions rely on EastNets for outsourced SWIFT connectivity and compliance software solutions made available as a service through its fully managed service bureaus. EastNets is a global company with regional offices in major cities, supported by a large network of global strategic partners. Visit http://www.eastnets.com


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