FBR opts Mantas for equities

HERNDON, VA: Mantas Inc., a business of i-flex solutions and a provider of regulatory compliance, loss prevention and revenue generation solutions, has announced that Friedman, Billings, Ramsey & Co. Inc., (FBR) will implement Mantas Trading Compliance Solution for use in its equities group.

“Financial institutions of all sizes are looking for enterprise-wide solutions that address current and evolving regulations regarding broker surveillance, trading compliance, anti-money laundering and other crucial purposes,” said S Ramakrishnan, CEO of Mantas. “Solutions based on our award-winning Mantas Behavior Detection Platform are designed to adapt to new regulations and threats.”

Founded in 1989, FBR is a top ten investment bank with a national franchise and one of the strongest equities distribution capabilities in the securities industry.

© CyberMedia News