Gartner Research

Metavante to Add AML Functions by Acquiring Prime Associates

Published: 03 January 2005

ID: G00125638

Analyst(s): Richard J. De Lotto, Don Free

Summary

Consolidation of the anti-money-laundering (AML) industry continues with the purchase of Prime by banking core systems outsourcer Metavante. Smaller and mid-tier banks will gain greater access to AML protection.

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