First Abu Dhabi Bank deploys Fircosoft global sanctions screening tech
New client for Accuity’s Fircosoft in the UAE
First Abu Dhabi Bank (FAB), the largest bank in the UAE, has selected Accuity to provide integrated global sanctions screening and data.
Accuity says its Fircosoft data and technology solutions will “strengthen” the bank’s transaction, customer and third-party screening processes, and by using its solutions FAB is “setting the standard for financial crime compliance in the Middle East”.
The project will be delivered “through a consultative partnership”.
Arif Shaikh, group chief risk officer, FAB, describes Fircosoft as “a robust platform”.
Accuity says it provides data to over 15,000 customers in 165 countries. Fircosoft – Accuity’s compliance screening brand – provides solutions and services to over 800 customers in 85 countries.
