Geopolitics, record surges in sanctions and more intense regulatory scrutiny mean the landscape compliance professionals must navigate has never been more complex. These pressures combined with new ISO payment formats, faster payments, increasing transaction volumes and fintech disruption are adding pressure to already overstretched compliance teams.
Financial crime compliance professionals need the confidence to conduct business and pursue growth opportunities with the certainty that their organization is protected from regulatory risk and reputational damage, without compromising on customer experience and speed. Meeting these seemingly conflicting requirements of compliance and speed can be a significant challenge.
Businesses need a powerful screening solution which reduces their compliance burden and helps to control costs, while meeting regulator requirements.
1. Based on top bank data from LexisNexis® Bankers Almanac® Counterparty KYC, as of January 30, 2023. Includes U.S. subsidiaries.
Firco™ Continuity is a leading transaction screening solution trusted by financial institutions and other businesses around the world. It is a complete and scalable real-time transaction screening solution which enables businesses to ensure sanctions compliance and establish readiness for regulatory scrutiny. It provides businesses with an end-to-end solution from the preparation of data to auditing of transaction screening, including filtering and alert remediation. Enhanced traceability allows you to quickly answer regulators' questions on past alert decisioning.
Designed with speed, accuracy, flexibility and configurability in mind, Firco Continuity is available on cloud or on-premise, easily integrating with existing IT systems, and is supported by technologies that enable optimal performance and scalability.
With knowledge gained from global Firco Continuity deployments for nearly 30 years, our Professional Services team offers the expertise to proactively anticipate challenges and tailor a design and implementation strategy that addresses your business-specific objectives at every point:
The LexisNexis® Firco™ Academy is set of e-learning courses to help develop Firco Continuity users’ skills and help them become Firco Continuity experts.
- Multiple courses covering a wide range of topics
- E-learning courses available anywhere, anytime, at your own pace
- Certification per function: Operators, Administrators, Operations Teams
- New! 12-month subscription available. Complete courses at any time during the subscription, with immediate access for unlimited users Text to come
Learn more here.