Fraud Protection & Compliance
BENSHEIM, 09 September 2021 –
Global analytics software provider FICO announced today a partnership agreement with international consulting and IT company msg group to support and resell FICO’s financial crime compliance and fraud products throughout Europe, Middle East and Africa. msg will offer businesses using FICO® Siron® Anti-Financial Crime Solutions consulting services on financial crime compliance, managed services for Siron solutions and governance services, including AML/KYC governance reports, FIU consultations, stress/effectiveness reviews and forensic investigations.
For more information: https://www.fico.com/en/products/siron-anti-financial-crime-solutions
“This partnership will give our Siron customers across Europe an even higher level of support, from one of Europe’s leading consulting firms,” said Dr. Sebastian Hetzler, vice president of FICO, who oversees the company’s financial crime compliance solutions. “The experts at msg have profound knowledge of the compliance environment, and years of experience with the Siron system, from the business and technological side.”
“Compliance teams, especially in tier 2 and 3 institutes, are small, and often become overburdened with both the volume of work and changes in regulations,” said Dr. Frank Schlottmann, Member of the Executive Board at msg. “We give them the flexibility needed to adapt more quickly, and we offer a compliance services subscription model that takes the headaches out of support. We help businesses get more from FICO’s best-in-class financial crime solutions.”
The FICO® Siron® Anti-Financial Crime Solutions have proven their effectiveness at over 1,300 customers in more than 100 countries — scaling across geographies, industries, and organizational sizes. The solutions cover AML, KYC, sanctions screening and other core capabilities.
msg is an independent, international group of companies with more than 8,500 employees worldwide. It is headquartered in Munich, represented in 28 countries and supports its customers in their digital transformation. The consulting and IT company‘s range of services includes strategic business consulting and end-to-end solutions for the industries automotive, banking, consumer products, food, healthcare, insurance, life science & chemicals, manufacturing, public sector, telecommunications, travel & logistics and utilities. Within the group, independent companies cover the wide variety of industry and topic-based competence. msg systems ag forms the core of the company group.
More information at www.msg.group.
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 120 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.
Learn more at https://www.fico.com
FICO and Siron are registered trademarks of Fair Isaac Corporation in the U.S. and other countries.
For further comment contact:
FICO UK PR Team
Wendy Harrison/Parm Heer/Matthew Enderby
0208 977 9132
Europe, Middle East & Africa
+44 (0) 209-940-8719
+1 786 482 7231
+55 11 97673-6583
Take the next step
Connect with FICO for answers to all your product and solution questions. Interested in becoming a business partner? Contact us to learn more. We look forward to hearing from you.