Fiserv Earns SWIFTReady Reconciliation Accreditation for the 13th Consecutive Year
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Sibos Booth Hall 1, Stand # 1C11 — Fiserv,
Inc. (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 SWIFTReady
Reconciliation Label for 2012.
The renewed accreditation for Fiserv demonstrates that the 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
"Achieving the SWIFTReady accreditation means when our clients choose
our solutions, they can have confidence that they have robust financial
controls within their organizations to support company operations and
improve the accuracy of reporting," said Eric Werab, portfolio director,
Financial Control Solutions, Risk and Compliance, Fiserv. "As the types
of payment channels increase, data sources will continue to grow in both
complexity and volume, which is why we work closely with partners such
as SWIFT to provide our clients with a seamless solution that reduces
cost and mitigates operational risk while improving performance and
Complementing the SWIFTReady accreditation, the Accurate Reconciliation
solution also introduced support for ISO 20022 XML messages, supporting
clients in their integration of SWIFT MX message content and
implementation of SEPA compliant controls.
"By delivering support for ISO 20022 message formats through the
Accurate Reconciliation solution, Fiserv reinforces its role as a long
term partner, enabling our clients to address their reconciliation needs
today and to be prepared for the future," said Werab.
Fiserv is exhibiting at Sibos
2012 in Osaka, Japan, October 29 — November 1 in Hall 1, Stand
#1C11. At the show Fiserv will showcase its industry leading solutions
for the global financial services market in the areas of mobile banking,
online banking, investment services and risk and compliance.
Accurate Reconciliation is part of the Risk and Compliance core
competency from Fiserv through which the company offers a unique breadth
of solutions to help clients optimize usage and return on capital by
making risk transparent and actionable within their organizations.
Solution sets in the Risk and Compliance core competency include
Financial Crime Risk Management, Financial Risk Management, Financial
Performance Management and Financial Control Solutions.
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider
serving the financial services industry, driving innovation in payments,
processing services, risk and compliance, customer and channel
management, and business insights and optimization. For more
information, visit www.fiserv.com.
Senior Public Relations
Director, Public Relations
Source: Fiserv, Inc.
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