ACE partnership to cut money laundering
Teaming up with Intertec Systems, based in Dubai, ACE hopes to support banks and other financial enterprises with its payment and anti money laundering (AML) solutions.
“The Middle East region is a growing market and it is evident that a local presence is essential for us to provide continual excellent customer service and support,” said ACE CEO Parth Desai.
“Working with Intertec will enable us to provide our users with the implementation and ongoing support to meet their needs.”
ACE believes that to compete on the world stage, Middle Eastern organisations have to comply with global financial standards.
As a result, they are offering a range of specially-designed payment solutions for banks based on their ‘Pelican’ platform. Each element of the Pelican solution is said to provide a platform that can accommodate changes in the payments landscape, whether from industry or regulatory initiatives.
“We are delighted to have finalised our agreement with ACE Software,” said Naresh Kothari, president & managing director of Intertec Systems LLC.
“Our commitment to bring the very highest quality solutions to customers in the region is enhanced by this partnership and we look forward to a long and mutually beneficial association between our two companies.”
Established in 1991, ACE has a list of clients including Credit Suisse, State Bank of India and UBOC.
ACE partnership to cut money laundering
Teaming up with Intertec Systems, based in Dubai, ACE hopes to support banks and other financial enterprises with its payment […]
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