Creditsafe Receives FCA Accreditation
- Retail Banking
- 13.04.2017 09:45 am
Global business intelligence experts, Creditsafe, has been granted full Financial Conduct Authority (FCA) accreditation.
Creditsafe, the global business intelligence experts are the world’s most-used supplier of online company credit reports, serving 200,000 subscription customers globally and producing 125 million credit reports annually.
In order to achieve the FCA accreditation Creditsafe had to first become 'International Organization for Standardization' (ISO) compliant to ensure its products, processes and services are fit for purpose. The FCA accreditation is therefore a significant benchmark in Creditsafe’s evolution and will see Creditsafe now working alongside some of the world’s largest banks to provide global financial information across the enterprise market.
Creditsafe’s FCA authorised services now include providing credit references, credit information services and credit and risk management.
Paul Beard, Global Commercial Contracts Director at Creditsafe, said: “FCA authorisation demonstrates to current and future clients, particularly large enterprises that Creditsafe’s regulatory and operational infrastructure has met the highest standard demanded by the FCA.
“It is further evidence of our commitment to deliver excellence in credit reporting, and whether a client is an SME, enterprise or financial expert, they are receiving information to make business decisions from a trusted and regulated provider.
“This authorisation provides us with a competitive edge in an age of increasing compliance and regulation.”