Firco Continuity

Transaction screening – a balancing act

The world of transactions is an ever-changing landscape. The increase of real-time payments means that money is now moving and settling faster than ever.

There’s also been a proliferation of regulations over the last 10 years, as well as a faster turnaround in sanction list updates.

To keep up, your organization must implement more rigorous transaction screening, while still keeping the processing of millions of transactions flowing.

It’s a balance you need to achieve in order to meet customer expectations and protect yourself against risk, fines and reputational damage.

Designed with banks, for banks

 Firco Continuity offers you a sophisticated, robust and efficient real-time transaction screening solution. It will:

  • implement and prove regulatory compliance in transaction screening
  • adhere to your internal risk policy
  • maintain a high straight-through processing rate
  • keep your compliance costs down.

Firco Continuity has become a world-standard transaction screening solution for banks.

Contact us for further information

The benefits of Firco Continuity

Real-time Transaction Screening | Reduce False Positives | Firco Continuity

Demonstrate Compliance with action

  • With Firco Continuity 5.9 you can show retrospective proof to auditors and regulators of your compliance policy in action.

Streamlined operations

  • Run real-time transaction screening that’s so efficient it never misses any true hit.
  • Reduce false positives by configuring screening according to your own needs and risk profile.
  • Make it work for you. Our system is flexible and configurable, so you can adapt to your own organisational structure and specifics.
  • Ensure decision-making is based on the latest and most comprehensive data.

Secure your reputation

  • Minimise the reputational and financial risk to your organisation, by taking the risk out of transactions.
  • Maintain high straight-through processing rates.
  • Ensure impeccable regulatory compliance with our world-class screening: screening that suits your bank’s brand and reputation.
  • Create a clear audit trail to demonstrate.

Control cost

  • Cut the cost of compliance thanks to a low hit rate and minimum manual intervention.

Fircosoft has been awarded the SWIFT Alliance Screening Add-on Label since 2001.

For more information about the SWIFT Certified Application Label please click here.