ICT

Sampath Bank introduces 3i Infotech’s AML Software

With the successful implementation of 3i Infotech's AMLock Anti Money Laundering (AML) software at Sampath Bank PLC, the bank has the distinction of being one of the major banks in Sri Lanka to be AML compliant.

This achievement places Sampath Bank as a pioneer in this field among its peers in the country, but is also likely to give the bank reputational advantage for correspondent banking markets outside Sri Lanka.

“We owe it to our customers to choose only the best in 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, Sampath Bank PLC Managing Director Aravinda Perera said.

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, he said.

3i Infotech, South Asia Region Head V. Narayan said, “With the successful implementation of our AMLock AML solution at Sampath Bank, we are happy to have delivered on our commitment, which has enabled our valued customer to meet this important compliance milestone.

This also reiterates our commitment to the BFSI market in Sri Lanka, having a string of successful AML engagements in this market over the past two years, we now look forward to launch our other premium banking and financial solutions in Sri Lanka, he said.

Sampath Bank chose 3i Infotech's AMLock AML software based on a rigorous selection and due diligence process initiated by a consortium of 13 banks in Sri Lanka and facilitated by the Sri Lanka Bankers Association (SLBA). 3i Infotech has acquired orders from other reputed banks in Sri Lanka for their AML software solution and currently has a fair presence 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 leading banks in India, where it is a market leader, and has been integrated with more than 25 source systems in these banks. 3i Infotech has a wide variety of product for the banking and financial services industry, which include Universal Lending Solution, Treasury Management, Asset Liabilities Management, Mutual Fund, Trade Finance, Leasing and Factoring Solutions. For local operations and on ground support in Colombo, 3i Infotech has tied up with DMS Software Engineering. 3i Infotech and DMS will install, train and support the AMLock software in Sri Lanka.

3i Infotech has over 1500 customers, in more than 50 countries

(SJ)

VSIS launches Array Networks and HP Networking Product Stack

VSIS launched the Array Networking and HP Networking product stack at a grand launch at Cinnamon Grand recently.

Themed ‘Ubiquitous’, this event showcased the latest product offerings from HP and Array Networks. The technologies and products showcased gave an insight into how they have changed the Enterprise networking landscape and the business impact of these technologies.

“The growth of internet, cloud computing and the mobile devices has made computing anytime, anywhere a reality.

We wish to illustrate how the Array Network and HP Networking has enabled Ubiquitous computing” V S Information Systems Managing Director Priyanga Gunasekera, said.

On behalf of Array Networks, National Sales Manager Shibu Paul shared how the mobile boom and the invention of smart phones has created a new paradigm. He further explained how this could be leveraged by an enterprise in a secure and efficient manner using Desktop Direct, one of the leading virtual desktop paradigms invented by Array Networks. He further demonstrated how the Universal Access Controllers and Application Delivery Controllers improve the availability, performance and security of enterprise applications.

HP Regional Solutions Architect Nathan Tallack demonstrated how HP technology has transformed the Data Center networking. With the growing trends such as Server Virtualization and cloud computing HP Networking technologies would help businesses deliver more using the HP networking portfolio, he said.

HP Network wireless solution Consultant Tee Chong Lee briefed the audience how HP wireless networking could cater to the growing demands of data and video.

HP Sri Lanka Country Manager Shiran Perera also spoke. The event was attended by a large gathering of Information Technology professionals including many CIOs of reputed companies.

VS Information Systems (Pvt) Ltd (VSIS) founded as a part of VS Group of companies with the aim to provide ICT Solutions and Services to the Sri Lankan Market using the best technologies and skills available in the Global ICT Industry. VS Group was established in 1972 with the incorporation of Vidya Silpa (Pvt.) Ltd. VS Turbo, VS Hydro and VS Energy are the other member companies of the Group.

Array Networks is based in USA and is a global leader in networking solutions for connecting users and applications while ensuring performance, availability and security. Using Array, companies can provide access for any user, anywhere, on any device to applications, desktops and services running in either the cloud or the enterprise data center.

HP is a technology company with an annual turnover exceeding US$ 130 Billion that operates in more than 170 countries around the world. HP is the only technology company which offers a complete computing service portfolio including Servers, Storage, Networking and Services.

SJ