3i Infotech signs agreement with Bank of India
3i Infotech, a global provider of IT solutions and the fourth largest Indian software product company, has signed an agreement with Public-sector Bank of India, to implement Amlock, 3i Infotech's award winning Anti Money Laundering (AML) software.
According to an official release, Amlock has the capability of receiving data from multiple sources systems that organizations like financial institutions may be using for different operations.
Under the deal, 3i Infotech will undertake complete system integration, from procurement and installation of hardware including storage, database, middleware, and report writer.
The bank will use 3i Infotech's AMLOCK AML software for its needs.