Sampath Bank implements Anti Money Laundering Software
With the implementation of 3i Infotech's AMLock, Anti Money
Laundering (AML) software at Sampath Bank PLC, the bank became the first
major bank in Sri Lanka to be AML compliant.
Managing Director, Sampath Bank PLC.,Aravinda Perera said, "We owe it
to our customers to choose only the best in an important area such as
Anti Money Laundering. We therefore chose AMLock from 3i Infotech,
because of its strong credentials and technical strengths, strong
presence in the subcontinent, compliance to Sri Lankan regulation and an
impressive
customer base. With its successful and timely implementation, we have
taken one more step to enhancing customer confidence in us. We reaffirm
our quest to upgrading our technological capabilities even further, to
be able to deliver more efficiently to our customers."
Region Head - South Asia, 3i Infotech Narayan V. said, "The
implementation of our AMLock AML solution at Sampath Bank,will enable
the bank to meet this important compliance milestone. This also
reiterates our commitment to the BFSI market in Sri Lanka. Already
having a string of successful AML engagements in this market over the
past two years, we are now also looking to launch our other premium
banking and financial solutions in Sri Lanka." AMLock from 3i Infotech
is an award winning, state-of-the-art software solution for banks and
financial institutions, that meets the compliance needs for Anti Money
Laundering and Financial Crime Detection.
This software has been deployed at more than 65 banks in numerous
countries,
including several of the leading banks in India, where it is a market
leader, and has been integrated with more than 25 source systems in
these banks. |