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  EastNets announces participation in the SWIFT Regional Conference in Abu Dhabi
  3/19/2007 11:22:26 AM
 
 
  EastNets, a leading payment and security solutions provider for the Middle East’s government and financial institutions, has announced its participation in the SWIFT Regional Conference that will be held from March 26-28, 2007, at the Beach Rotana Hotel in Abu Dhabi, UAE. The SWIFT Conference will discuss how the region’s governments and financial institutions can use the SWIFT network to achieve growth and profitability. Meanwhile, EastNets will hold its annual EastNets Service Bureau (ENSB) User Group Meeting at the same venue on March 25th, 2007.

The ENSB User Group Meeting which will provide an excellent venue to discuss EastNets' expanding portfolio of products, services and activities. It will also feature a showcase of EastNets solutions, including the SIDE SafeWatch software, an Anti-Money Laundering programme that performs reporting, auditing and detection of transactions over the SWIFT network, and is designed to be a central checking point for all financial traffic. The SIDE SafeWatch has been recently incorporated into the ENSB; EastNets comprehensive outsourcing platform. ENSB is a scalable platform that caters for major financial institutions including central banks and major corporate clients.

“The SWIFT Regional Conference has become an important calendar event for the industry where critical issues in payment infrastructure are discussed in-depth. The event will gather different stakeholders of the industry and as a business Partner of SWIFT, EastNets is exhibiting at the event and participating proactively to showcase the reliable suite of SWIFTNet solutions in addition to other EastNets solutions that integrate seamlessly to automate payments, securities and corporate businesses. The interaction facilitated by the conference will generate invaluable information that will allow EastNets to better comprehend the dynamics of the industry," said Hazem Mulhim, CEO, EastNets.

EastNets has taken full advantage of its strategic alliances with global partners to establish itself as a reliable payment solutions provider to clients in the financial and government sectors for over 20 years. EastNets has some 450 clients located across the Middle East and has a distinguished track record and client portfolio across a wide range of industries.

"Being a SWIFT Service and Solution Partner, EastNets maintains a team of highly skilled and certified professionals that provide high quality consulting and support services to its long term enterprise clients,” said Lina Hediah, CTO, EastNets.

“EastNets is confident of satisfying market demands with innovative and highly reliable products. As such, EastNets is looking forward to a very productive and informative interaction with business partners and clients of the financial industry at the SWIFT Conference,” added Mulhim.

The SWIFT Conference aims to eliminate technological isolation by fostering strong cross-border dialogue and discussions, and advocating a participative business environment where industry players work together to achieve better results for the community.
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About EastNets (www.eastnets.com):
Founded in 1984, EastNets, formally known as Eastern Networks, is a leading Payments and Security Solution Provider for the government and financial service industry. As a recognized market leader, the company is strategically positioned with offices across the broader Middle East region providing products and services either directly to our customers, or on a hosted basis through the EastNets Service Bureau (ENSB). In addition to its presence in the UAE, EastNets is strategically positioned in five other major markets, with offices in Jordan, Turkey, Iraq, Egypt, and Bahrain.

  Source: Dubaicity news
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