Compliance screening for treasury provided by a new partnership between BELLIN and Accuity
Against the backdrop of increased payment security requirements, such as closer monitoring and compliance with constantly changing sanctions and embargo lists, corporate treasury is faced with new challenges. Businesses need to include additional security measures in their workflows in order to avoid making illegal payments which could lead to frozen payments, large fines and reputational damage.
This partnership between Accuity and BELLIN will make sanction screening an integral part of treasury management. Using web services integration, corporate treasurers will be able to screen their payments against sanctions and embargo lists directly from their treasury management platform using the Accuity Firco Compliance Link screening engine. Accuity’s comprehensive compliance information will be linked to the BELLIN platform and the service will be delivered via the cloud. This will allow BELLIN’s treasury management customers access to critical sanctions and compliance data, and help them to fulfill their compliance requirements.
Florence Vicentini, Global Head of Channel Sales & Strategic Partnerships, Accuity, commented: “We are excited to partner with BELLIN on this innovative treasury compliance initiative. Our mission at Accuity is to safeguard the reputation of our clients and we look forward to helping BELLIN’s clients better fulfill their compliance requirements, minimize their risks and protect their reputations.”
“This partnership is pioneering in the world of treasury,” explains Michael Juen, Managing Director at BELLIN. “In Accuity we’ve found a partner with comprehensive coverage of watchlist screening and all common terror threat warning lists. Adding sanction and embargo screening complements our service package in tm5 and provides added value to our customers.”
Accuity offers a suite of innovative solutions for payments and compliance professionals, from comprehensive data and software that manage risk and compliance, to flexible tools that optimize payments pathways. With deep expertise and industry-leading data-enabled solutions from the Fircosoft, Bankers Almanac and NRS brands, our portfolio delivers protection for individual and organizational reputations.
Part of The RELX Group, one of the world’s leading business information and data providers, Accuity has been delivering solutions to banks and businesses worldwide for 180 years.
Heather Smith, Accuity, email@example.com +44(0)7342-069-456
BELLIN is a global leader in providing web-based treasury software and services for multinational corporations. Founded by a treasurer and built on the expertise of over 135 experts, BELLIN has been exceeding expectations since 1998. tm5, awarded best “Treasury Management System” at the Fintech Innovation Awards, serves all corporate treasury functions and provides a group-wide treasury overview, mobile and in real time. BELLIN solutions for liquidity planning and financial risks, global payments, netting and risk management as well as the integrated BELLIN SWIFT Service, SaaS/hosting or Treasury as a Service (TaaS) inspire more than 15,000 companies with 25,000+ users in 150+ countries and counting.
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