Fiserv, Inc., the provider of financial services technology solutions, announced that more than 550 of its Bank and Credit Union account processing clients have signed on for its Financial Crime Risk Management platform to achieve improved detection, mitigation and effectiveness of their financial crime prevention operations. More than 250 of these clients are moving off a legacy solution.
Our fully integrated suite of financial crime risk management products — including our best-in-class anti-money laundering and fraud risk solutions — are now frequently the first choice for Fiserv account processing clients who are looking for a complete and consolidated view of financial crime risk across the entire enterprise, says John Filby, president, Risk and Compliance Solutions at Fiserv. As a trusted business and technology partner, we have reached out to these clients with the powerful combination of market-leading risk and compliance solutions that are integrated with their account processing platforms.
A recent industry research report by IDC Financial Insights places Fiserv as a leading vendor for financial crime risk management, based primarily on a powerful combination of broad functionality combined with strong professional services and customer support. The report, published in December 2009, assessed vendors and solutions against a common set of detailed metrics and compared providers based on their ability to meet current market needs and the comfort that customers have in their reliability and service.
Part of the Fiserv core competency in risk and compliance, the Financial Crime Risk Management platform offers award winning fraud risk and compliance solutions, which include the former NetEconomy anti-money laundering solutions.
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