Thursday, 09 September 2021

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 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 und 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.