Fiserv (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that its Accurate Reconciliation solution for transaction matching, reconciliation and exception management has received the 2013 Swift Certified Application for Reconciliation label.
"Fiserv has once again met the stringent criteria set out by SWIFT," said Filip Versluys, Head of Partner Management at SWIFT. "The reaccreditation of Accurate Reconciliation for the fourteenth time shows that Fiserv is serious about its commitment to help customers mitigate risk and increase operational efficiencies throughout their operations."
The renewed accreditation for Fiserv demonstrates that its Accurate Reconciliation solution meets stringent SWIFT criteria linked to the support of messaging standards, services and connectivity requirements, which are re-evaluated every year to ensure alignment with market changes.
"This reaccreditation is a reflection of Fiserv's continued investment in Accurate Reconciliation to meet the SWIFT FIN message reconciliation needs of SWIFT members today, and support their adoption of the ISO20022 SWIFT MX format messages," said Eric Werab, portfolio director of Financial Control Solutions, Financial & Risk Management Solutions, Fiserv. "We will 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 the accuracy of financial reporting in the financial close."
Fiserv is exhibiting at Sibos 2013 in Dubai, September 16-19, in stand D27. At the conference, Fiserv will showcase its industry leading solutions for the global financial services market in the areas of mobile and online banking, account processing, trade and post-trade processing, reconciliation, financial crime risk management and cash and logistics.