EastNets recognized as Category Leader in Chartis RiskTech Quadrant for Anti-Money Laundering 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. 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.