LONDON & BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that it has been awarded the 2016 SWIFT Certified Application Reconciliation label for its Accurate™ Reconciliation solution for transaction matching, reconciliation and exception management. The accreditation is re-evaluated on an annual basis to guarantee alignment with market change. This renewal demonstrates that Fiserv continues to meet the stringent criteria addressing support for the SWIFT 2016 Standards Release messaging standards, services and connectivity requirements.
“Fiserv has shown its commitment to offering clients the best technology for their reconciliation needs,” said Filip Versluys, Head of Business Architecture & Partner Framework, SWIFT. “We have a strict set of guidelines for companies to achieve the SWIFT Certified Application Reconciliation label, and Fiserv has proven yet again to be successful in meeting these.”
Organizations must work to meet and exceed the strenuous compliance demands of myriad regulations while also assuring the confidence of investors and customers. Accurate Reconciliation is unique in that it helps Fiserv 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.
“Fiserv delivers solutions that make life easier for the people responsible for managing reconciliation operations and finances within an organization,” says Eric Werab, Global Product Line Owner, Financial Control Solutions, Fiserv. “SWIFT certification means that our clients have peace of mind that the Accurate Reconciliation solution they use meets current, stringent industry standards - and that it’s effective and efficient in managing the end-to end reconciliation and certification process.”
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.
- Financial Control Solutions from Fiserv - www.financialcontrol.fiserv.com
- Point of View Paper: Closing the Books on Outdated, Fragmented Reconciliation Processes - http://fisv.co/2cSQdfJ
Fiserv, Inc. (NASDAQ: FISV) enables clients to achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more than 30 years, Fiserv has been a global leader in financial services technology. Fiserv is a FORTUNE 500 company and this year was honored to be named a FORTUNE magazine's World's Most Admired Company for the third consecutive year. In 2015 the company was recognized among Forbes magazine's America's Best Employers. For more information, visit www.fiserv.com.