Friedman, Billings, Ramsey Selects Mantas for Trading Compliance Solution.Mantas Enables Protection Across Business Lines, Geographies HERNDON, Va. -- Mantas Inc., a business of i-flex[R] solutions and a provider of regulatory compliance, loss prevention and revenue generation solutions, today announced that Friedman, Billings, Ramsey & Co., Inc., an operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. of Friedman, Billings, Ramsey Group, Inc. (NYSE NYSE See: New York Stock Exchange : FBR FBR Friedman, Billings, Ramsey Group, Inc. (investment firm) FBR Fast Breeder Reactor FBR Federal Benefit Rate FBR Foundation for Biomedical Research FBR Foundation for Blood Research FBR Fluidized Bed Reactor ), will implement Mantas Trading Compliance Solution[TM] for use in its equities group. 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 industry1. "Financial institutions of all sizes are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. enterprise-wide solutions that address current and evolving regulations regarding broker surveillance, trading compliance, anti-money laundering Anti-money laundering ("AML") is a term mainly used in the financial and legal industries to describe the legal controls that require financial institutions and other regulated entities to prevent or report money laundering activities. and other crucial purposes," said S. Ramakrishnan, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Mantas. "Solutions based on our award-winning Mantas Behavior Detection Platform are designed to adapt to new regulations and threats - and that's a key factor for many clients." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Eva Weber, Analyst at the Aite Group, "Firms are increasingly looking at enterprise-wide solutions that not only provide a full picture of all trading behavior, but also generate insights for current and evolving regulatory requirements. Adopting a compliance framework which monitors firm-wide trading activity is a crucial first step toward achieving this goal." Mantas Solutions Mantas Trading Compliance Solution[TM] provides an expanded set of scenarios for fixed income surveillance, extends coverage of global equities and listed derivative trading behaviors, and enriches the Mantas Market Replay Market[TM] feature to enable user-specified comparison of firm data (orders, trades) against external market data (market center quotes, reported sales) on a tick for tick level. The Mantas Replay Market feature provides compliance analysts with the most powerful tool available to build an accurate perspective of the market conditions at the time of the questionable activity to enable accurate analysis and resolution of issues. Mantas Advance[TM] and Mantas Select[TM] broaden the applicability of its compliance solutions to every financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. institution regardless of their product mix or existing compliance technologies. Mantas Advance enables the integration of all compliance data, information, risk management and document management systems into a single compliance dashboard. As the name implies, Mantas Select enables the selection of behavior detection scenarios across all of Mantas' compliance and operational risk management solution sets: Anti-Money Laundering[TM], Trading Compliance[TM] and Broker Compliance[TM]. The product comes bundled with the Mantas Case Management and Mantas Active Pages solutions. About Mantas Mantas provides its clients with the industry's most advanced solutions for regulatory compliance, loss prevention and revenue generation. 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 New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , and Singapore. For further information please visit www.mantas.com. About i-flex solutions i-flex solutions limited (Reuters: IFLX.BO and IFLX.NS), majority owned by Oracle, provides IT solutions to the banking industry. It claims more than 765 customers in over 130 countries. i-flex([R]) solutions (Reuters: IFLX.BO & IFLX.NS) is a world leader in providing IT solutions to the financial services industry, with more than 680 customers in over 120 countries. i-flex's range of products, custom solutions and consulting services enable financial institutions to cut costs, respond rapidly to market needs, enhance customer service levels and mitigate risk. For information, please visit: www.iflexsolutions.com About Friedman, Billings, Ramsey Group, Inc. Friedman, Billings, Ramsey Group, Inc. provides investment banking*, institutional brokerage*, asset management, and private wealth services through its operating subsidiaries and invests in mortgage-related assets and merchant banking opportunities. FBR focuses capital and financial expertise on eight industry sectors: consumer, diversified industrials, energy and natural resources, financial institutions, healthcare, insurance, real estate, and technology, media and telecommunications. FBR is headquartered in the Washington, D.C. metropolitan area with offices in Arlington, VA, Boston, Dallas, Houston, Irvine, London, New York, Phoenix and San Francisco. Friedman, Billings, Ramsey Group, Inc. is the parent company of First NLC NLC National League of Cities NLC National Library of Canada NLC National Library of China NLC Northern Lights College (British Columbia, Canada) NLC North Lake College (Irving, Texas) Financial Services, Inc., a non-conforming residential mortgage originator headquartered in Deerfield Beach, Florida Deerfield Beach is a city in Broward County, Florida, USA. The city is named for the numerous deer that once roamed the area. As of 2004, the population estimated by the U.S. Census Bureau is 76,478. . For more information, see www.fbr.com. *Friedman, Billings, Ramsey & Co., Inc. 1 Source: Dealogic. Total deal value of all common stock and units for all issuers, priced between 9/29/01 and 9/30/06, with apportioned ap·por·tion tr.v. ap·por·tioned, ap·por·tion·ing, ap·por·tions To divide and assign according to a plan; allot: "The tendency persists to apportion blame as suits the circumstances" credit to all book-runners. Includes only rank eligible transactions. Performance results vary considerably among offerings, and may significantly differ from the average. Past performance is no guarantee of future results. |
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