Accuity signs USL,strengthening its position in the Nigerian market

  • Payments , Security , Fraud Detection , Compliance , Security
  • 07.06.2017 09:30 am

Accuity, the leading provider of financial crime compliance, payments and know-your-customer (KYC) solutions, announced today that it has signed a new partnership agreement with Union Systems Limited (USL), an information technology company supporting advanced software for leading banks and financial institutions in Nigeria, Ghana and Kenya. The partnership enables Accuity to add momentum to the growth of its business across the Nigerian market.

The new partnership between Accuity and USL will help banks based in Nigeria expand the scope and depth of their payment transaction screening and improve their customer on-boarding processes. USL will use their local knowledge and resources to provide market leading compliance solutions with implementation and support services to local financial institutions. These include Firco Continuity for transactions screening and Firco Trust for customer and third-party screening. USL can also assist customers in obtaining the Accuity trade finance solution, Firco Trade Compliance, and data as well.

Aonghus Geraghty, President & Chief Sales Officer at Unions Systems Limited, said: “We have been supporting banks in Nigeria for over 20 years and we work with three of the top four banks, so it is crucial for us to engage with partners that can guarantee quality and bring a high level of expertise to our customers. A key factor in our decision to forge this partnership with Accuity was the ability of its flagship product, Firco Continuity, to integrate with any payment gateway such as the Swift Gateway, which significantly eases the payment screening process for banks. Through this partnership, we will be able to help our banking clients reduce the risk of dealing with entities which may be subject to international sanctions or connected to financial crime.”

Florence Vicentini, Global Head of Channel Sales & Strategic Partnerships at Accuity, added: “We are delighted to welcome Union Systems Limited to our partner network. The combination of our powerful filtering technology with USL’s strong expertise and long-term relationships with Nigerian banks is set to fuel our momentum in the region. Thanks to this partnership, we are able to help Nigerian banks comply with the rigorous regulatory framework laid out by the Central Bank of Nigeria.”

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