i-flex Launches Mantas 5.0

i-flex’s recently acquired Mantas business division has announced the global launch of Mantas 5.0, the latest version of its suite of behaviour detection solutions.

Mantas, which specializes in compliance and loss prevention solutions has enhanced the software suite by adding capabilities such as an advanced user interface and new document management features to provide users with increased access to information.

Announcing the launch Stephen Epstein, vice president and head of Product Management for Mantas said, “This release will enable financial institutions, such as banks, investment and asset management firms, and insurance companies, to more effectively meet compliance regulations through improved performance, accuracy, and usability.”

The company has also added enhancements to facilitate technology upgrades and integration with middleware from Oracle and IBM.

Market watchers worldwide believe that enterprise-wide compliance is fast becoming a primary consideration for financial services firms. Hence, many firms are fast adopting frameworks that address multiple areas of compliance across multiple lines of business. Analysts say that there’s great potential to generate productivity gains and positive ROI from holistic enterprise solutions and therefore financial services companies should explore these options.

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