OREANDA-NEWS. October 13, 2015.
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, announced today that it has been awarded the 2015
SWIFT Certified Application label for its Accurate™ Reconciliation
solution for transaction matching, reconciliation, exception management
and certification.
The accreditation is re-evaluated on an annual basis to guarantee
alignment with market change. This renewal demonstrates that Accurate
Reconciliation from Fiserv supports the SWIFT 2015 Standards Release
messaging standards, services and connectivity requirements.
"Companies are faced with rapidly evolving compliance requirements and
executives need up-to-the minute financial data to assure confidence to
investors and end-customers. Fiserv understands the need to deliver
solutions that make life easier for the people responsible for managing
operations and finances within an organization," says Tim Grace, senior
vice president and general manager, Financial and Risk Management
Solutions, Fiserv. "By providing reconciliation technology that carries
the SWIFT certification, we are able provide our clients a solution that
can support their operations and complex payment requirements with the
highest levels of service and efficiency."
"For sixteen consecutive years, Fiserv has shown its commitment to
offering clients the most up to date technology for their reconciliation
and exception management needs," said Fabian Vandenreydt, global head,
Banking & Securities, SWIFT. "We have a stringent set of criteria to
support SWIFT messages and connectivity in order for companies to
achieve the SWIFT Certified Application label, and Fiserv has proven yet
again to be successful in meeting these standards."
Accurate Reconciliation is unique in that it helps enable clients to
achieve a seamless end-to-end reconciliation and certification process,
giving CFOs a current, precise view of business performance. Users
benefit from the ability to reduce operational and financial risk while
improving the accuracy of reporting in the financial close.
In a world that is moving faster than ever before, Fiserv helps clients
deliver solutions that are in step with the way people live and work
today - financial services at the speed of life. Learn more at TheSpeedofLife.com.
Accurate Reconciliation is one of the solutions on show on the Fiserv
Stand A43 at this year's Sibos event in Singapore - organized by SWIFT.
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