IBL Unisys and Sindh Bank Limited have kicked off 2020 with the Go Live of Transaction Monitoring System based on SAS (Anti Money Laundering Solution) at Sindh Bank Limited.
Transaction Monitoring System will help Sindh Bank adhere to the compliance processes and bring increased visibility as they continue to grow and prosper.
The Go Live ceremony was attended by top officials from both companies including Mr. Imran Samad President and CEO Sindh Bank Limited, Mr. Muhammad Ali Qureshi CEO IBL Unisys and Mr. Faraz Siddiqui, Country Manager SAS.
Speaking at the occasion, President and CEO Sindh Bank Limited Mr. Imran Samad, said:
It is a memorable moment for Sindh Bank Limited to commence the New Year with the implementation of off the shelf SAS Transaction Monitoring System. This will enhance the capability of the bank to further improve the AML controls under the changing and demanding regulatory landscape. On this momentous occasion, I would like to congratulate IT and Compliance teams of the bank for their commitment in its timely implementation. I also want to thank the IBL Unisys and SAS teams for their unwavering support to the bank in its launch.
Mr. Muhammad Ali Qureshi, CEO IBL Unisys, said:
We're proud to be working with Sindh Bank to provide advanced solutions that empowers the organization to manage its compliances. I congratulate team Sindh Bank for this success, which demonstrates Sindh Bank's commitment to improving its defenses against money laundering. We would not have achieved this success without extended support of our solution partner SAS. We look forward to continuing serving as a trusted technology partner of Sindh Bank in their journey to digital transformation.
Source: Pro Pakistani