Anti-money laundering, tax and other regulatory requirements to be addressed by approach based on FICO® TONBELLER® Siron® Anti-Financial Crime Solutions and Guidepost Solutions compliance and monitoring services
- Guidepost Solutions will offer FICO® TONBELLER® Siron® Anti-Financial Crime Solutions to its clients worldwide
- FICO TONBELLER’s Siron® solutions address money laundering, tax evasion, know-your-customer and other compliance requirements
- Guidepost Solutions provides compliance and risk management expertise and services to companies across multiple vertical markets worldwide
Analytic software firm FICO and risk consultancy Guidepost Solutions LLC today announced that they have entered into a partnership to help provide companies worldwide with a complete suite of anti-financial crime solutions. In this new agreement, Guidepost Solutions will offer the FICO® TONBELLER® Siron® Anti-Financial Crime Solutions for anti-money laundering, regulatory compliance and tax compliance with services developed for its clients around the world, beginning with efforts in the U.S. and France.
More information: http://www.guidepostsolutions.com/investigations/big-data/
“The FICO TONBELLER integrated suite of products fills a gap in the market for global companies with diverse business models and changing regulatory needs,” stated Guidepost Solutions Chief Executive Officer Julie Myers Wood. “Working in partnership, Guidepost Solutions and FICO are uniquely positioned to build effective compliance programs that provide clients with a 360-degree view of their customers and enhance their ability to meet regulatory compliance requirements.”
“The consultants at Guidepost Solutions are respected throughout the risk industry,” said Torsten Mayer, vice president for compliance solutions at FICO. “They understand compliance from multiple perspectives, and many have served as independent compliance consultants or corporate integrity monitors of Fortune 500 companies. Our technology will help their clients manage a rapidly changing regulatory landscape at a lower cost and with fewer staff.”
Guidepost Solutions routinely assists clients in designing, developing, implementing and testing compliance programs. Its professionals have been providing independent compliance consulting and monitoring services for more than three decades for public and private companies, including Fortune 500 companies and global entities; domestic and international banks; law firms; governmental and quasi-governmental agencies; and not-for-profit organisations. They have had numerous court appointments and other appointments to monitor the conduct of organisations and have received assignments from, or with the approval of, several regulatory agencies.
The FICO® TONBELLER® Siron® Anti-Financial Crime Solutions suite consists of flexible and highly integrated software modules for anti-money laundering, tax compliance, counter-terrorism financing, end-to-end know your customer (KYC) and other issues to provide a risk-based approach out-of-the-box. The Siron suite is part of FICO’s portfolio of solutions for fraud and financial crime, which also includes the FICO® Falcon® Fraud Platform, protecting more than 2.6 billion payment cards worldwide. FICO acquired TONBELLER in early 2015.