Accuity and FircoSoft get Standard Chartered mandate
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Accuity and FircoSoft get Standard Chartered mandate 11 December 2015London Reporter: Becky Butcher
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Accuity and FircoSoft have been selected by Standard Chartered Bank to provide integrated global sanctions screening and data.
The fully integrated Accuity and Ficrosoft solution provides operational efficiency, while combining sanctions data and systems to offer certainty that enhancements to both elements work effectively.
Hugh Jones, CEO of Accuity, said: “I am delighted to announce we’ve been selected by Standard Chartered Bank—the unique combination of Accuity and FircoSoft and transaction screening platform helps our clients understand and manage their risk exposure.”
Markus Schulz, global head of financial crime compliance controls at Standard Chartered Bank, added: “Establishing an effective solution for screening is paramount for every financial institution. We were looking to meet this objective and increase our efficiencies at the same time.”
“We found a comprehensive offering with the combination of Fircosoft screening and Accuity data replacing our existing infrastructure with a consolidated solution, which we help us to progress both objectives.”
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