KARACHI (PR) - Dawood Islamic Bank Limited (DIBL) entered into an agreement to implement XM3 Anti-money Laundering (AML) solution provided by Haydrian Pakistan (SMC) Private Limited. XM3 implementation is in line with the proactive approach adopted by DIBL towards Shariah and regulatory compliance and is also in synchronization with DIBL's strategy of using modern tools & technologies to service the needs of its customers in the best possible ways. XM3 is a world-class, first-tier AML monitoring and compliance solution which facilitates the analysis of high volume data streams and detects complex, unusual and suspicious scenarios, transactions and behavioral patterns. XM3 is designed to be fast, reliable, secure, easy to deploy, and reusable in any variety of environments. The agreement was signed in a simple yet elegant ceremony held at DIBL Head Office. Nikolaus Rafiq Schwarz, CEO, Dawood Islamic Bank said that after the implementation of XM3 AML solution, DIBL would be able to manage its AML Risk more effectively and prudently and to focus on expanding its branch network and services outreach to a larger customer base.