FircoSoft, the leading global provider of watch list filtering solutions, announced today that it has signed a partnership with PT Abhimata Persada to resell FircoSoft's watch list filtering solutions and services to financial institutions in Indonesia.
Established in 1990, PT Abhimata Persada, based in Jakarta (Indonesia), is a leading IT solutions provider for the banking and telecommunications sectors in Indonesia. PT Abhimata Persada will resell to the Indonesian market all FircoSoft's watch list filtering solutions and provide implementation and support services. Firco Continuity to filter transactions in real-time and provide financial institutions from processing illegal payments, Firco Trust for information and customer files filtering to improve Know Your Customer programs and Firco List Service, for the delivery of high-quality sanctions list, and enhanced list management and filtering performance.
"Our partnership with FircoSoft is a key step in our strategy to deliver best-of-breed solutions to our customers in Indonesia," said Tri Adi Martianto, Director, PT Abhimata Persada. "As ever stringent anti-money laundering (AML) and counter-terrorist financing (CTF) regulations are implemented in Indonesia, FircoSoft's filtering solutions will strengthen our offer and will enable us to provide customers with efficient means to enhance anti-terrorist financing controls, improve risk-management and ensure regulatory compliance."
"We are delighted to welcome PT Abhimata Persada in our partner network. On both sides, this partnership builds on the strengths of the other. On the one hand, FircoSoft will bring the power of its filtering technology and expertise to one of the largest IT solutions provider in Indonesia. On the second hand, PT Abhimata will bring the benefits of its strong local presence and long-term relationship with the financial institutions in Indonesia to FircoSoft. We look forward to working together to grow our business in the region," said Wilfred Lee, Regional Channel Manager, FircoSoft.