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Wednesday, Jul 21, 2004

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LogicaCMG tool for ING Vysya

Our Bureau

BANGALORE: LogicaCMG said on Tuesday that it has won a contract for the implementation of its anti-money laundering (AML) solution at ING Vysya Bank in Bangalore.

The solution enables the bank to monitor customers' profiles and `suspicious' financial transaction activity, through advanced statistical analysis and transaction monitoring.

It also provides extensive case management and reporting facilities, said a company press release.

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