I-Flex solutions acquires Mantas
An IT solutions provider to Tier 1 banks has acquired compliance provider Mantas. I-Flex announced the purchase of the Virginia-based company yesterday to further develop its risk and compliance solutions suite.
The two companies have worked together for the past few years, and both focused on delivering solutions exclusively to financial institutions. The acquisition will enable I-Flex to cover anti-money laundering, fraud, broker and trading compliance among its other solutions.
S Ramakrishnan, the CEO for I-Flex company, Reveleus, emphasised that the company will be more able to adapt to changing
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