Fiserv, a provider of financial services technology solutions, has announced that the Accurate transaction matching, reconciliation and exception management solution has been accredited with the SWIFTReady Reconciliation Label 2009 – the 10th consecutive year that the solution has received the accreditation.
Reconciliation represents an essential foundation component of a strong financial control framework for banks, securities firms, insurance companies and corporations. Accurate has been implemented by the world’s largest companies generating greater operational efficiencies, mitigating risk, and fulfilling global compliance mandates such as Sarbanes-Oxley and Basel II.
“As SWIFT standards evolve, the Accurate solution from Fiserv continues to meet the stringent SWIFTReady label criteria each and every year. With more organisations looking to improve their risk management processes and compliance strategies, accreditation demonstrates a vendor’s capacity to deliver results,” said Patrick Neutjens, head of partner management at SWIFT. “A decade of accreditation proves Fiserv’s long-term commitment to providing secure, robust and reliable reconciliation solutions in support of the growing global need to improve financial control processes.”
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