FircoSoft, the leading global provider of watch list filtering solutions, is proud to announce today the celebration of its 10-year anniversary with Tokyo-based customer Mitsubishi Research Institute DCS Co.,Ltd.(DCS) and partner NTT DATA Getronics Corporation.
DCS is a Japanese-based information technology (IT) solution company founded in 1970 with corporate headquarters in Tokyo and has been a Swift partner for 10 years. DCS Service Bureau offers outsourced SWIFT connectivity and services to financial institutions in Japan.
In 2004, DCS understood that their end-users were facing the same stringent local and international regulations as other financial institutions and FircoSoft’s real-time transaction filtering solution, Firco Continuity, was deployed on the DCS Service Bureau. Today, DCS provides real-time sanctions screening within its service bureau to around 30 customers throughout Japan.
“The 10 years of collaboration with NTT DATA Getronics and FircoSoft have proved successful for all parties. We are very pleased that our Service Bureau customers benefit from a highly effective and market-recognized filtering solution that has evolved over time to address new market and regulatory requirements,” said Mr. Fumitaka Yamada, General Manager of SWIFT Service Bureau, DCS. “FircoSoft also has an extensive experience in handling the specificities of Japanese names, which makes its filtering technology totally appropriate to our local challenges”.
“We are honoured that 10 years ago, DCS was the first Service Bureau provider to select FircoSoft sanctions screening in an outsourced model to deliver increased regulatory protection for financial institutions. We have been very pleased with the ongoing customer growth over time showing that more and more institutions see the benefits from an easy-to-maintain, efficient, and cost-effective Service Bureau infrastructure combined with strong local expertise provided by our partner NTT DATA Getronics,” said Florence Vicentini, Channel and Alliance Director, FircoSoft. “We all look forward to many more successful years ahead providing Service Bureau customers with premier transaction filtering services.