Fiserv (NASDAQ:FISV), the leading global provider of financial services technology solutions, today announced that its Accurate solution, for transaction matching, reconciliation and exception management, has received the SwiftReady Reconciliation Label for 2011.
"Fiserv has again proven to be a market leader by rapidly complying with the stringent criteria set out by SWIFT," said Filip Versluys, Head of Partner Management at SWIFT. "They have worked hard to develop long-standing relationships with their customers and SWIFT in order to meet the demands of the industry. The reaccreditation of the Accurate™ solution highlights the ongoing commitment of Fiserv to help customers mitigate risk and increase operational efficiencies throughout their operations."
"Achieving the SWIFTReady accreditation again for the 12th consecutive year is a testament to our dedication to our customers and best practices," said Andy Mellor Portfolio Manager Financial Control Solutions, Risk and Compliance at Fiserv. "Fiserv is committed to providing reconciliation solutions that enable our clients to create robust financial controls within their organizations. We continue to work with partners such as SWIFT to provide our clients with a seamless reconciliation solution to reduce operational and financial risk, increase transparency and improve accuracy of financial reporting in the financial close."
Fiserv is exhibiting at Sibos 2011 in Toronto from September 19-23 on stand J114. The booth will showcase its full breadth of solutions for the global financial services market.
A core competency of the company, Fiserv offers a unique breadth of Risk and Compliance solutions to help clients optimize usage and return on capital by making risk transparent and actionable within their organization. Solution areas include Financial Crime Risk Management, Financial Risk Management, Financial Performance Management and Financial Control Solutions. Fiserv is ranked #1 in North America and #4 overall in the annual Chartis RiskTech 100TM.