Reflects growing size and new markets for the bank, as well as global pressure on offshore jurisdictions.
Financial services technology provider Fiserv announced it will provide PSB Bank N.V., a government asset of Curaçao, a range of solutions reflecting both the growing size and diversification of the bank's commercial services, as well as heightened international scrutiny of offshore jurisdictions in tracking financial crime.
Beyond providing solutions for account processing and channel management, as well as technology to allow the 106-year-old bank to meet the treasury and cash management needs for the island's power provider, Fiserv will also add its risk mitigation products, Anti-Money Laundering Manager and Fraud Risk Manager, to track financial crime and enterprise fraud.
"In seeking a new technology provider, we wanted to partner with a company that could lead us into the future. Fiserv has the tools we need to bring new products to market and do so in rapid timeframe," says Daniel Hodge, managing director at PSB Bank.
More from Sell Side Technology
Updating your subscription status
Winner's Announced: Sell-Side Technology Awards 2014
The winners of the 2nd annual Sell-Side Technology Awards 2014 were announced in New York on April 15. These awards recognize the leading technologies and third-party vendors in their area of expertise, through an auditable and transparent methodology. To view the winners across the 24 categories click here.
16 Sep 2014
07 Oct 2014
14 Oct 2014
14 Oct 2014
20 Oct 2014
03 Nov 2014
The over-the-counter (OTC) derivatives market is in the midst of a global regulatory restructure. Authorities in Europe, Asia and the US are currently...
A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....