18 December 2017
visit www.avoka.com

Accuity and Bellin to provide compliance screening for corporate treasurers

29 September 2016  |  2314 views  |  0 Source: Accuity

Accuity, the leading provider of financial crime compliance, payments and know-your-customer (KYC) solutions, and BELLIN, a global leader in providing web-based treasury software and services, announced today a new strategic technology partnership to provide integrated sanction screening and compliance for corporate treasurers.

Against the backdrop of increased payment security requirements, such as closer monitoring and compliance with constantly changing sanctions and embargo lists, corporate treasury is faced with new challenges. Businesses need to include additional security measures in their workflows in order to avoid making illegal payments which could lead to frozen payments, large fines and reputational damage.

This partnership between Accuity and BELLIN will make sanction screening an integral part of treasury management. Using web services integration, corporate treasurers will be able to screen their payments against sanctions and embargo lists directly from their treasury management platform using the Accuity Firco Compliance Link screening engine. Accuity’s comprehensive compliance information will be linked to the BELLIN platform and the service will be delivered via the cloud. This will allow BELLIN’s treasury management customers access to critical sanctions and compliance data, and help them to fulfill their compliance requirements.

Florence Vicentini, Global Head of Channel Sales & Strategic Partnerships, Accuity, commented: “We are excited to partner with BELLIN on this innovative treasury compliance initiative. Our mission at Accuity is to safeguard the reputation of our clients and we look forward to helping BELLIN’s clients better fulfill their compliance requirements, minimise their risks and protect their reputations.”

“This partnership is pioneering in the world of treasury,” explains Michael Juen, Managing Director at BELLIN. “In Accuity we’ve found a partner with comprehensive coverage of watchlist screening and all common terror threat warning lists. Adding sanction and embargo screening complements our service package in tm5 and provides added value to our customers.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Accuity

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.response.ncr.comvisit www.aciworldwide.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
11248 views comments | 3 tweets | 3 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
10184 views comments | 21 tweets | 23 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7777 views comments | 19 tweets | 22 linkedin
Digital banking startup Loot secures £2.2 million seed roundDigital banking startup Loot secures £...
7444 views comments | 5 tweets | 11 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
7403 views comments | 6 tweets | 26 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job