Firco Compliance Link for the Maritime Sector
Download the brochure to discover how Firco Compliance for the Maritime Sector can help simplifying sanctions and AML compliance…
Whether you’re a health insurer, marine insurer or reinsurer, Accuity solutions give companies across the industry the power to be compliant while maintaining the best possible customer experience.
Insurance products can be highly complex, making know your customer (KYC) due diligence particularly challenging. Not only must numerous parties such as insureds, beneficial owners and subsidiaries be screened, but screening needs to be conducted at multiple points in the policy lifecycle to capture changing risk.
Bring efficiency and accuracy to your operations with Firco screening solutions and reliable data from Bankers Almanac. Screen sanctions, politically exposed persons (PEPs) and reputationally exposed persons (REPs) with confidence, knowing that you are identifying risk.
Harness the benefits of Accuity to:
Firco solutions are designed to meet a wide range of needs across organisations of all sizes. Whether screening customer accounts, payments and trade transactions or conducting ongoing and ad hoc screening based on different lines of business, we have you covered.
Firco Compliance Link is an all-in-one screening solution for customers, vendors, third-party relationships and transactions for sanctions and money-laundering risk. Add Firco Trade Compliance to target dual-use goods, vessels and other trade-related activity.
High-performance processing, advanced filtering and proprietary risk scoring come together in Firco Insight to provide a deeper understanding of risk and more accurate detection. A significant reduction in false positives and prioritised hierarchy of risk help optimise compliance resources for greater efficiency.
Firco Continuity is a market-leading solution that seamlessly screens large volumes of transactions against sanctions lists in real time. Highly configurable, Firco Continuity easily integrates into most organisations and IT environments.
Access Firco Global WatchList®, the industry’s largest database of high-risk entities, including sanctions, PEPs, adverse media, and enforcement data.
Perform KYC due diligence to identify ultimate beneficial owners using the unrivalled intelligence on global financial institutions in Bankers Almanac: Counterparty KYC. With easily accessible, accurate data at your fingertips, customer onboarding, validating claims and processing payments is fast and reliable.
Ensure your payments are right the first time with accurate financial institution data and routing information in the Bankers Almanac suite of payments solutions.
As the screening partner of choice for some of the world’s major banks, you can count on Accuity to help detect financial crime and ensure sanctions compliance.
Accuity/ May 17, 2020
ICICI Prudential Life Insurance Company Limited (ICICI Prudential Life) is promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited. ICICI Prudential Life began its operations in fiscal year 2001 and has consistently been amongst the top players in the Indian life insurance sector. In FY2015, ICICI Prudential Life became the first private life insurer to attain assets under management of ₹1 trillion.
By leveraging Accuity’s solutions, ICICI Prudential Life can now focus on growing its customer base knowing that it can protect the interests of all stakeholders and its reputation by more effectively managing financial risk and comply with all regulations while continuing to put customers at the heart of its business.
We recently held a webinar with The Association of Certified Financial Crime Specialists (ACFCS) on the growing pressure and increasing regulatory requirements for insurance companies and you can now listen back to the recording…
The organisations we serve range from banks and fintechs, to insurance firms, airlines, law firms, gaming companies, and everything in between. This blog looks at the wide variety of industries and regions in which our solution is helping improve financial crime compliance screening across customer accounts, transactions and trade…
Dynamic solutions that drive your success Today, it is becoming more important for insurance providers to have accurate routing and bank reference data. Inaccurate data and manual management of your EFTs results in returns and repairs that increase costs and risk across your entire organization. Insurance companies trust Bankers Almanac…..