Clearstream Deploys EastNets’ AML Technology

Clearstream Services External Businesses (CSEB) has deployed EastNets’ anti-money laundering (AML) solutions as the strategic platform to provide software-as-a-service (SaaS) compliance solutions to their clients.

With this new on-demand service powered by EastNets technology, customers of CSEB benefit from cost-effective anti-money laundering controls designed to meet regulatory requirements, reduce capital expenditure and streamline efficiencies.

CSEB hosts and operates an entire front and back-office banking environment through an on-demand banking platform, providing clients with a highly secured environment to house their IT infrastructure. With EastNets, CSEB expands its services to include watchlist filtering and transaction monitoring capability to detect and report money laundering activity. With no upfront fee, financial institutions can immediately benefit from their choice of services priced and packaged based on volume.

“We are delighted to have selected EastNets’ market leading solutions as the centrepiece and command centre of our anti-money laundering service offering,” said Michel Rodriguez, external business development director of CSEB. “The company’s long history in compliance and payments, the exceptional quality of its solutions and strong industry expertise made EastNets an obvious choice.”

As their first common reference, CSEB hosts and operates EastNets’ solutions for East West United Bank based Luxembourg.


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