SOURCE: EastNets

EastNets

January 10, 2011 09:00 ET

EastNets Wins Financial-i Leaders in Innovation Award

NEW YORK, NY and DUBAI, UNITED ARAB EMIRATES--(Marketwire - January 10, 2011) - EastNets, a leading global provider of compliance and payments solutions, announced today that is has won the prestigious Financial-i Leaders in Innovation Award. Chosen from a short list by an advisory panel comprising of analysts, consultants and market practitioners, EastNets received the Innovation Award for SWIFT Corporate Access.

The Financial-i Leaders in Innovation Awards identifies those that have excelled in innovative business solutions over the past twelve months, across wholesale transaction banking. The advisory panel reviews a range of criteria including the depth and breadth of functionality and how solutions help companies solve business issues.

"We are very pleased to receive this prestigious award and be recognized as an innovator in the industry," says Hazem Mulhim, CEO of EastNets. "The award is a validation of our commitment to helping our customers achieve value through reducing risk, cost and complexity with our market leading solutions."

Published 4 times a year and read by over 40,000 people, Financial-i provides in-depth analysis on the business solutions and operational evolution of wholesale financial services, including how the financial services industry is re-engineering its infrastructure to leverage new technologies.

About EastNets
EastNets is a leading provider of global compliance and payment solutions and services with over 1,000 customers in 120 countries. Founded in 1984, EastNets has over 25 years of experience serving financial institutions and corporations around the globe. EastNets provides Compliance Solutions including anti-money laundering and anti-fraud; Resilient SWIFT Solutions for SWIFT FIN/XML reporting, duplicate detection management, disaster recovery, and outsourced SWIFT connectivity with its SWIFT Service Bureau; and Mobile Remittances Solutions enabling secure, compliant mobile remittances. In addition, EastNets delivers a full range of SAA payment architecture consulting, implementation services and maintenance to help clients protect, manage and improve their SWIFT environment. For more information, please visit www.eastnets.com

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