Andhra Bank is proposing to replace its existing AML solution AMLOCK with a solution that would meet all the regulatory requirements. It wants to offer the work as an end to end project and the all the items required for making the application operational should be the responsibility of the service provider. to be selected The bank wants the solution to be capable of migrating the data including archived data in the existing solution and reading the same for inquiry purposes. The service provider would act as a system integrator for providing the AML solution, providing all the required hardware, middleware, application software and third party utilities, if any and installation, testing, commissioning, warranty, annual maintenance etc.
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