A leading global provider of financial services technology solutions, today announced the extension of its strategic partnership with Investance, a global management consulting firm, into the European, Middle Eastern and African (EMEA) regions to help financial institutions transform their control and reconciliations technology and processes.
Fiserv and Investance have been working together in the U.S. for the past two years, and will now expand into the EMEA region where both companies already have a significant presence. A trusted consulting partner to Fiserv, Investance has an in-depth understanding of the industry-leading reconciliation and financial crime risk management solutions from Fiserv and will now advise its EMEA clients on how best to leverage these solutions.
“By expanding our relationship with Investance, Fiserv hopes to bring our reconciliation and financial crime solutions combined with the consulting expertise of Investance to a much broader EMEA market,” said Nolan Gesher, director of global channel management and sales operations, Risk & Compliance, Fiserv. “Together, we are helping financial services organizations meet their risk management, transparency, control and regulatory demands.”
“At Investance, we are always looking for ways to bring value to our clients,” said Luc-Sorel Om, partner, global head of Transaction Management, Investance. “Our partnership with Fiserv has brought real value to our clients through its industry-leading solutions for financial crime risk management and reconciliation. Our clients look to us to provide the right mix of technology solutions and consulting services, and the broadening of our partnership enables us to offer this to financial services institutions worldwide.”
The current scope of the partnership includes the Accurate™ Reconciliation solution and the Financial Crime Risk Management platform from Fiserv, which includes the award-winning AML Manager and Fraud Risk Manager™ solutions. The Financial Crime Risk Management (FCRM) platform from Fiserv has won several awards including a “Best-in-Class” rating in the Enterprise Support category in the CEB TowerGroup 2012 Anti-Money Laundering Technology Review; the XCelent Customer Base award from Celent in 2012; ”Best AML Compliance Solution Provider” in the Waters Rankings 2012; and was ranked #1 in the category of Compliance Monitoring and Control in the “Compliance 20” software rankings by Operational Risk & Regulation magazine.
A core competency of the company, Risk and Compliance solutions from Fiserv offer a unique breadth of solutions to help clients optimize usage and return on capital by making risk transparent and actionable within their organizations. Solution areas include Financial Crime Risk Management, Financial Risk Management, Financial Performance Management and Financial Control Solutions.