Prime Associates and IFSA to Introduce IFSA-IQ at IFSA Risk and Regulatory 2005 Conference

Clark, N.J., March 3, 2005 – Prime Associates, Inc., a Metavante company and a leading provider of regulatory compliance solutions for financial institutions, and International Financial Services Association (IFSA) will debut IFSA-IQ, an online browser-based compliance tool at the IFSA Regulatory and Risk Conference, March 9 – 11 in New York City. At its exhibit, booth number four, Prime Associates will demonstrate its comprehensive array of compliance products and services for the financial industry.

IFSA-IQ allows anyone with Internet access to verify a name against a comprehensive database of compliance information, including financial fraudsters, "politically and financially exposed persons" and those on worldwide sanctions lists. IFSA-IQ is a service that is delivered by IFSA online and is powered by Prime Associates.

"The IFSA has again raised the bar by offering IFSA-IQ to its membership. IFSA-IQ will provide enhanced due diligence to financial institutions worldwide through the Internet, allowing cost effective access to databases previously only available at a very high cost," said Salvatore Cangialosi, president, Prime Associates, Inc.

"We are confident that the IFSA-IQ service will assist our membership as well as other banks around the globe in meeting their compliance obligations," said Ernest Fiore, vice president, International Financial Services Association.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development