23 November 2009

Sword FircoSoft is to offer watchlist filtering technology on Decillion’s Swift Service Bureau, hosted in Singapore.

Firco Continuity has been installed on Decillion’s Swift Service Bureau, allowing financial institutions to filter their inbound and outbound transactions in real time, against the sanctions lists provided by Firco List Service.

With Sword FircoSoft’s filtering technology directly plugged in, Decillion’s Swift Service Bureau customers can be compliant with local and international sanctions without the initial investment for an in-house implementation and without the effort to keep the programme maintained and lists up to date.

“This combined offer is particularly praised by banks with small volumes of transactions and limited budget for the management and maintenance of their own IT infrastructures,” said Laurent Corbel, sales director at Sword FircoSoft. “It gives them peace of mind and they know they can rely on the full availability and operability of our service.”

“This collaboration proves to deliver highly reliable services to our customers in Asia,” added Ian Loh, senior manager of sales and service bureau at Decillion. “They achieve full compliance by filtering their Swift transactions without compromising the operational efficiency and the continuity of their business.”

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