Dubai Internet City, Dubai -- (SBWIRE) -- 12/15/2010 -- EastNets, a leading global provider of compliance and payments solutions, has announced that it has been ranked 41st in the latest RiskTech 100 survey released by Chartis Research. EastNets was one of 100 technology firms selected for the annual study which evaluates the global market for risk management systems.

The annual Chartis RiskTech 100 report is recognized as the most comprehensive and prestigious study of the top technology firms involved in the risk management market. EastNets was evaluated under six criteria including functionality, core technology, organizational strength, customer satisfaction, market presence and innovation. The rankings were determined after evaluating responses from 351 risk and technology vendors.

"We are delighted to be ranked for the second consecutive year in the Chartis RiskTech100 survey for global risk technology companies,"said Hazem Mulhim, CEO of EastNets. "This most recent distinction further strengthens our position as a world-class provider of risk management solutions, and reflects our commitment to developing and delivering premier solutions that better protect our clients against financial crime and operational risk."

"We are also pleased to note EastNets ranking leads other niche vendors in the sanctions screening space. EastNets continues to build momentum with its Compliance Solutions, specifically with its market leading en.SafeWatch Filtering solution selected by over 10 new financial institutions since September,"added Hazem Mulhim.

EastNets solutions profiled in the Chartis questionnaire include its Compliance Solutions: for multi-channel fraud prevention, anti-money laundering compliance and PEP, Sanctions and OFAC screening; and Resilient SWIFT Solutions: for SWIFT FIN/ XML reporting and analysis, FileAct reporting and search, SWIFT Duplicate Detection, and outsourced SWIFT connectivity, with its SWIFT Service Bureau.

About EastNets
EastNets is a leading provider of global compliance and payment solutions and services with over 1,000 customers in 120 countries. Founded in 1984, EastNets has over 25 years of experience serving financial institutions and corporates around the globe. EastNets provides Compliance Solutions including anti-money laundering and fraud prevention; Resilient SWIFT Solutions for SWIFT FIN/XML reporting, duplicate detection management, disaster recovery, and outsourced SWIFT connectivity with its SWIFT Service Bureau; and Mobile Remittances Solutions enabling secure, compliant mobile remittances. In addition, EastNets delivers a full range of SAA payment architecture consulting, implementation services, and maintenance to help clients protect, manage and improve their SWIFT environment. For more information, please visit http://www.eastnets.com