6 million (plus Mantas
' cash on hand), with Safeguard receiving net sale proceeds of approximately $113 million in cash (including a portion to be held in escrow) for its 88% ownership interest in Mantas
We chose Mantas
because it is a proven product, and is able to cover a large number of subsidiaries and jurisdictions.
was originally formed as a business unit of SRA International Inc.
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
The combination of Serasa, Mantas
and DMR respectively present a combined portfolio that presents the Brazilian Banking industry with the opportunity to lead the world in providing seamless Credit, AML and Risk Management to all banks, no matter what size.
We're excited to be working with Bermuda Commercial Bank," added Darren Innes, executive vice president and general manager, EMEA, Mantas
added Darren Innes, vice president and general manager, EMEA, Mantas
As a result of the combined product and services offering, Mantas
ONE offers a compelling cost reduction over global deployments.
They are very excited about the prospect of running Mantas
on Teradata and bringing their operating costs even lower and increasing performance and scalability.
This is done by exporting Mantas
alerts to external systems and importing alerts into Mantas
from external systems.
Peter Harrison, CEO at Induslogic said, "With the integration of Mantas
, we added significantly to our Center of Excellence in developing and maintaining enterprise class Data Warehousing products, and we expect our revenues in this field to increase substantially in 2006.
Maybe in a year we'd find something like a dozen mantas
that had been harvested.