Monday, April 27, 2009

Fiserv Ranked #1 in Anti-Money Laundering System Sales for Second Consecutive Year

“Fiserv, the leading global provider of financial services technology solutions, today announced that it was ranked as the top-selling provider of global anti-money laundering (AML) solutions by IBS Publishing. IBS determined the ranking by analyzing the AML market for the number of new name wins achieved in 2008. Fiserv topped the chart with 117 new name wins. ‘Nearly half of the new name AML wins in 2008 were achieved by Fiserv,’ said James Ling, senior reporter at IBS Publishing. ‘Thanks to cross-selling into its U.S. core banking customers, Fiserv was able to more than triple its new name sales over last year.’ The industry's top-selling solution in 2007 and 2008, AML Compliance Manager from Fiserv is a fully-integrated, easily-deployable and highly-effective anti-money laundering system. It uniquely combines transaction monitoring, list checking, risk scoring, case management and automated reporting, delivering the highest degree of accuracy and operational efficiency. ‘AML Compliance Manager is the most feature rich and flexible solution in the market and enables our global client base to protect corporate brand and reputation,’ said John Filby, president, Risk Management Solutions, Fiserv. ‘We are pleased to be recognized by IBS as it reinforces our leadership in the global anti-money laundering market.’ IBS Publishing produces a number of publications and events around the world focused on the back office banking systems and operations market. The results of IBS's new AML market survey demonstrate which systems and markets are most popular.”

http://www.marketwatch.com/news/story/fiserv-ranked-1-anti-money-laundering/story.aspx?guid={F6D91E81-A210-47DB-8F5B-64126F3EDB61}&dist=msr_3

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