OFAC-AGENT SUITE CONFIRMS ITS SUCCESS IN LATIN AMERICA

Paris, France – 21 March 2007

FircoSoft, through its fruitful partnership with ClaveLink (SWIFT Solution Partner), is strongly expanding its presence in Brazil with new major references, totalizing 13 banking institutions, including Banco Itau, Credit Suisse First Boston Brazil, Banco Votorantim and Unibanco.

Fighting money laundering and terrorism financing is now a major concern for Brazilian banks. Thanks to its success, ClaveLink is now in strong position to deliver OFAC-Agent Suite, the leading Anti-Money Laundering filtering solution in the world. OFAC-Agent Suite is a watchlist filtering solution which eliminates the risk of processing illegal transactions and detects high-risk financial customers (individuals and organizations).

“Through this success, ClaveLink has now gain sufficient experience to act as the centre of expertise for OFAC-Agent Suite in whole Latin America”, Mrs. Florence Vicentini, FircoSoft’s Alliance Director reports.

“We are glad to have signed a partnership with FircoSoft. The OFAC-Agent Suite has a highly effective multi-alphabet filtering engine adapted to Latin American constraints as it handles Portuguese/Spanish names structures. It is a real success and a perfect answer to growing needs for watchlist filtering solutions in Latin America”, Teresa Roca, ClaveLink’s Director adds.

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