EastNets, the leading payment and security solutions provider for the government and financial service industries in the Middle East, will showcase its certified product with its new subsidiary SIDE International's SafeWatch Anti-Money Laundering (AML) program and PayGate at GITEX Technology Week 2007.
The SafeWatch AML program is a sophisticated anti-money laundering solution that can take huge amounts of information from all areas of financial business. This information is then managed and refined, ready to be used by any business to help accurately identify suspicious transactions.
The program acts as a central checking point for financial traffic, and has been adjudged as one of the top two filtering solutions worldwide, according to the second report on 'Evaluating the Vendors of Anti-Money Laundering Solutions', by CELENT, a research and consulting firm focused on the application of information technology in the global financial services industry.
Hazem Mulhim, CEO of EastNets, said: "EastNets has always treated GITEX as an integral part of our marketing initiatives. The largest ICT exhibition in the region has given our products optimum market exposure and I am confident our newly expanded portfolio will generate considerable interest this year." With the excellent networking opportunities at GITEX, the third largest IT exhibition in the world, EastNets expects to boost awareness of its new alliance with SIDE International and consolidate its leading position as a constantly expanding provider of financial solutions.
Headquartered in Dubai and with offices located globally, EastNets has been providing payment solutions to 800 plus clients in the financial and government sectors for over 23 years. EastNets products are also renowned for consistently meeting customers' expectations across a wide range of industries.
EastNets will also be showcasing another new product called PayGate?, an easy-to-use, cost-effective single application window for financial messaging from payment initiation to reconciliation, delivering higher Straight Through Processing (STP) and enabling tight integration of back-office applications and Swift interface.
Other EastNets products to be exhibited at GITEX include the disaster recovery solution Doubletake, Kiosk Solutions, Identity Management Solutions, and Card Technology. Source
The SafeWatch AML program is a sophisticated anti-money laundering solution that can take huge amounts of information from all areas of financial business. This information is then managed and refined, ready to be used by any business to help accurately identify suspicious transactions.
The program acts as a central checking point for financial traffic, and has been adjudged as one of the top two filtering solutions worldwide, according to the second report on 'Evaluating the Vendors of Anti-Money Laundering Solutions', by CELENT, a research and consulting firm focused on the application of information technology in the global financial services industry.
Hazem Mulhim, CEO of EastNets, said: "EastNets has always treated GITEX as an integral part of our marketing initiatives. The largest ICT exhibition in the region has given our products optimum market exposure and I am confident our newly expanded portfolio will generate considerable interest this year." With the excellent networking opportunities at GITEX, the third largest IT exhibition in the world, EastNets expects to boost awareness of its new alliance with SIDE International and consolidate its leading position as a constantly expanding provider of financial solutions.
Headquartered in Dubai and with offices located globally, EastNets has been providing payment solutions to 800 plus clients in the financial and government sectors for over 23 years. EastNets products are also renowned for consistently meeting customers' expectations across a wide range of industries.
EastNets will also be showcasing another new product called PayGate?, an easy-to-use, cost-effective single application window for financial messaging from payment initiation to reconciliation, delivering higher Straight Through Processing (STP) and enabling tight integration of back-office applications and Swift interface.
Other EastNets products to be exhibited at GITEX include the disaster recovery solution Doubletake, Kiosk Solutions, Identity Management Solutions, and Card Technology. Source
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