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Average Ratings 0 Ratings

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ease
features
design
support

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Description

For large banks, financial institutions, and corporations, it is essential to ensure that they are engaging with the correct parties and can substantiate their legitimacy to regulatory bodies. This involves conducting thorough and ongoing due diligence checks on all customers and counterparties, rather than just a one-time review. Inadequate screening can lead to significant reputational harm, loss of operational licenses, personal accountability, and hefty fines, as well as the risk of being linked to individuals involved in terrorism or fraudulent activities. Additionally, while rigorous screening is necessary, it is equally important to optimize processes to facilitate business expansion and manage expenses effectively. Unfortunately, current manual research methods are not sufficient to meet these demands. Automation is essential for improvement, and that’s where Firco Trust steps in: a highly advanced and customizable automated solution designed to screen thousands or even millions of customers during onboarding and on an ongoing basis. This innovation not only enhances compliance but also contributes to overall operational efficiency and growth.

Description

Compliance is essential for any business. Failure to comply with industry regulations can lead to severe fines and even the loss of your business' licenses, business, or reputation. Not all businesses have the resources or ability to keep up with constantly changing regulations. Nor can they manage, communicate, and enforce compliance across their entire organization. This is why a compliance management system is so important. A custom-made system for the credit and collection industry, based on the CFPB framework. It has extensive workflows that have been refined over a decade. Automates and centralizes key compliance tasks, helping to ensure that your business adheres with industry regulations and client requirements.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

NRS ComplianceGuardian
RegTechONE
WorldCompliance Data

Integrations

NRS ComplianceGuardian
RegTechONE
WorldCompliance Data

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$50 per month
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Accuity

Founded

1990

Country

United States

Website

accuity.com/product/firco-trust/

Vendor Details

Company Name

Provana

Founded

2011

Country

United States

Website

www.provana.com

Product Features

AML

Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List

Product Features

Compliance

Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation

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