âWith increasingly stringent compliance regulations in Africa, more and more financial institutions in this country are looking for solutions to accurately detect high-risk customers and counterparts to eliminate the risk of processing illegal transactions,â said Rene Lambertsname, Executive Director of Sales at Trustlink. âFircoSoft is the recognized leader and expert in watchlist filtering solutions. We are delighted with our new partnership with FircoSoft and the ability to deliver a best-of-breed solution that provides advanced filtering features, foremost hit reviewing functionalities, and sophisticated reporting and investigation functions. In addition, Firco Filtering Suite is rapidly deployable, cost-effective and adapted continuously to help our customers keep ahead of regulations and risk.â
âWe are very pleased to be partnering with Trustlink, a leading services provider within the sub-Saharan African region,â says Christophe Destephen, Alliances Manager of FircoSoft. âWith our cooperation with Trustlink, we are reinforcing our positioning and footprint in this promising and fast growing market and our commitment to help financial institutions ensure regulatory protection and improve terrorism financing controls.â
Trustlink will resell, implement and support FircoSoftâs software solutions and services including Firco Continuity providing real time watchlist screening and blocking, and Firco Trust for batch or real time filtering of existing and new customers, counterparts, or beneficiaries against any sanctions, PEPs and FEPs list, and internal list. In addition, Trustlink will also resell the Firco List Service, an ongoing service where FircoSoft experts provide hands-on testing, validation and updates of sanctions lists to ease its clientsâ list management process by reducing workload and false positive hits.