Fiserv gets SwiftReady Reconciliation label

Source: Fiserv

Fiserv (NASDAQ:FISV), the leading global provider of financial services technology solutions, has once again been awarded the SwiftReady Reconciliation Label 2010.

This is the eleventh consecutive year that the Accurate transaction matching, reconciliation and exception management solution has met Swift's stringent requirements and received this accreditation.

"Fiserv's latest accreditation exemplifies the company's continual work to deliver significant operational benefits through the promotion of SWIFT standards worldwide," said Patrik Neutjens, head of partner management at SWIFT.

"With over a decade of uninterrupted accreditation, Fiserv demonstrates true commitment to the need to improve financial control processes and re-enforces its ongoing dedication to deliver leading risk management and compliance solutions to the global financial services industry."

"Our clients look to us to continually improve their reconciliation processes in order to increase efficiency, mitigate risk and stay ahead of the regulatory and compliance curve," said Andy Mellor, product manager, Risk and Compliance at Fiserv. "Fiserv's commitment to exceeding SWIFT standards year-on-year ensures that our customers can realize fully the benefits of enhancing financial controls within their organisations. As part of that commitment, Fiserv continues to develop solutions that address the industry"s growing needs and conform to SWIFT's stringent mandates."

Fiserv will be showcasing its SWIFTReady reconciliation solutions at Sibos 2010 in Amsterdam. The event runs from 25th-29th October and Fiserv is located in booth A634.

Financial Control Solutions from Fiserv serve as a foundation to enhance operational control, business efficiency, risk management and compliance strategy for organisations across the globe. The solution suite delivers market leading capabilities across transaction matching, account reconciliation, exception management, account certification, balance sheet attestation, reporting and performance management.

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