Business Services Industry

Mantas Now Offers Financial Institutions One-Stop Shopping for Industry Leading Database, Compliance and Risk Management Solutions; New reseller agreement allows customers to purchase Oracle® software directly from Mantas

Business Wire, August 10, 2006

NEW YORK -- Mantas, a leading global provider of compliance and risk management solutions and a member of the Oracle(R) PartnerNetwork, today announced it has been authorized to resell Oracle Database software directly to Mantas customers. Compliance officers in financial institutions, particularly regional and community banks, will benefit from the convenience of having one vendor for all their database, compliance and risk management needs.

Increasingly, regional and community banks address anti-money laundering and other banking regulations, and turn to Mantas for compliance and risk management solutions. Mantas offers Mantas ONE, a bundled product-and-services offering specifically designed for regional, small- and mid-sized financial institutions. Separately, customers also often purchase Oracle Database software to manage their information and records. As a result of today's announcement, Mantas can sell Oracle Database to customers purchasing the Mantas solution, simplifying the process for Mantas customers with a single point of contact for their database, risk and compliance needs.

"We take pride in delivering to our customers the most comprehensive solutions available for their compliance and risk management needs. We saw a need among our community and regional bank customer base to make it easier to navigate the software purchases they need to be successful," said Simon Moss, CEO, Mantas. "Today's announcement makes it simple for these customers to get their entire software solution quickly and conveniently."

Mantas Behavior Detection Platform

The award-winning Mantas Behavior Detection Platform relies on the power of Oracle Database to meet the challenging compliance and risk management requirements of its customers. It is the industry's most comprehensive solution for avoiding risk, exceeding regulatory requirements, and enhancing customer relationships. Mantas analyzes the behavior of customers, employees, and partners in every transaction across the enterprise, from every angle - past, present, and future - empowering companies to act with precision and confidence. Mantas creates transparency, increasing a financial institution's ability to understand and manage its business and identify risks and opportunities. Transparency, trust and operational excellence have been proven keys to retaining customers and growing market share.

The Mantas Behavior Detection platform is recognized as a superior compliance platform available that supports multiple compliance and risk requirements. Oracle Database enables customers to get the best performance, scalability and reliability from their Mantas solutions.

About Mantas

Mantas provides its clients with the industry's most advanced solutions for regulatory compliance, loss prevention and revenue generation. Our clients recognize greater transparency of their business and make better-informed decisions as a result. Mantas is a global software company with operations in Europe, the Americas and Asia/Pacific. Recognized as a leader in global operational transparency, the company's products are used by more than 5,000 finance professionals in more than 100 countries.

Headquartered in Herndon, Va., the company has offices in London, New York, and Singapore. Mantas is a Safeguard Scientifics, Inc. (NYSE: SFE) partner company. For further information please visit www.mantas.com.

About the Oracle PartnerNetwork

Oracle PartnerNetwork is a global business network of 17,700 companies that deliver innovative enterprise software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. http://oraclepartnernetwork.oracle.com

Oracle, JD Edwards, PeopleSoft, and Siebel are registered trademarks of Oracle Corporation and/or its affiliates.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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