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Last updated: 31 Jan, 2015  

InfrasoftTech Completes One More Successful AML Implementation

PR Newswire | 30 Jan, 2015
MUMBAI, India: InfrasoftTech today announced that ADB bank has gone live on their OMNIEnterprise Anti Money Laundering Solution, enabling compliance with Ghana FIC's guidelines and proactive monitoring on money laundering risks.

InfrasoftTech enjoys a majority share in AML solution space in Ghana. Seven banks in the country use InfrasoftTech's OMNIEnterprise software platform, thereby critically providing assistances in monitoring money laundering activities. InfrasoftTech's solution over a period of time has been fully customized to Ghana's requirements & project execution cycles are reduced to less than two months.

Mr. Joseph Patterson, Executive Head, Business Solutions  at ADB Limited, Ghana spoke about his satisfaction on achieving the targeted goal of compliance with FIC Ghana; he said "We really feel that the depth of solution functionality has made our task quite easy and allowed us to go-live in short span of five weeks. It is to the credit of configurability of the solution that we were able to roll-out all the 3 types of FIC reports with minimal efforts. InfrasoftTech's methodology for project execution and their understanding of Ghanaian requirements helped in avoiding usual risks in project implementation.  The solution has been able to seamlessly manage the processing of list scan as well as transaction alerts."

On the go-live, Mr. Hanuman Tripathi, Group Managing Director, InfrasoftTech, said, "We have been actively promoting the benefits of anti-money laundering and risk control solution for last three years in Ghana. InfrasoftTech has helped banks in Ghana in implementing our internationally reputed software at a high ROI. We are very pleased to have made a positive contribution to the Risk Management among seven important banks in Ghana. This leadership position makes it a critical responsibility for us to provide the latest practices and best support to our Ghanaian customers, in line with the rest of the world."

About InfrasoftTech:

InfrasoftTech, a CMMi Level 5 v1.3 assessed company is a specialized IT product solutions & services provider for global financial enterprises. The company enjoys the trust of over 300 banks and financial institutions in 32 countries, for its wide ranging offerings in the space of Core Banking, Microfinance, Payment Solutions, Money Laundering Prevention, Commercial Banking, Wealth Management, Brokerage and Capital Markets. Our operations are spread over 3 delivery centers in India in Mumbai, Pune & Chennai and in UK, Canada, USA and UAE and has extensive partner networks over Africa, Middle East & South East Asian countries. 

For further details, please contact:   
Harshada Deokar
Asst. Manager - Corporate Communications
Contact No - +91-22-6776-4000

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