EastNets Wins Financial-i Leaders in Innovation Award

Dubai, UAE - 11 January 2011

EastNets, a leading global provider of compliance and payments solutions, announced today that is has won the prestigious Financial-i Leaders in Innovation Award. Chosen from a short list by an advisory panel comprising of analysts, consultants and market practitioners, EastNets received the Innovation Award for SWIFT Corporate Access.

The Financial-i Leaders in Innovation Awards identifies those that have excelled in innovative business solutions over the past twelve months, across wholesale transaction banking. The advisory panel reviews a range of criteria including the depth and breadth of functionality and how solutions help companies solve business issues.

"We are very pleased to receive this prestigious award and be recognized as an innovator in the industry," says Hazem Mulhim, CEO of EastNets. "The award is a validation of our commitment to helping our customers achieve value through reducing risk, cost and complexity with our market leading solutions.”

Published 4 times a year and read by over 40,000 people, Financial-i provides in-depth analysis on the business solutions and operational evolution of wholesale financial services, including how the financial services industry is re-engineering its infrastructure to leverage new technologies.

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