Mantas 5.0’s new features facilitate technology upgrades and integration with middleware from Oracle and IBM.
The company says the software will enable financial institutions such as banks, investment and asset management firms, and insurance companies, to more effectively meet compliance regulations in the EU, US, and other parts of the world through improved performance, accuracy and usability.
Eva Weber, analyst at Aite Group notes: enterprise-wide compliance is fast becoming a primary consideration for financial services firms. These firms are adopting frameworks that address multiple areas of compliance across multiple lines of business. There’s great potential to generate productivity gains and positive ROI from holistic enterprise solutions, so firms should explore their options carefully.
