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Robust financial controls are paramount to ensuring transaction and data integrity, operational efficiency, risk management and compliance. Fiserv tightens your processes so that nothing falls through the cracks.
Whether you're managing cash; securities instruments; suspense, bank and Federal Reserve accounts; or intercompany transactions, rely on our Financial Control Solutions to:
- Reduce risk
- Increase efficiency
- Lower costs
- Increase the transparency and accuracy of the transaction reconciliation process
- Ensure adherence to regulatory and compliance mandates – both internal and external
Our integrated offering includes:
- Transaction matching – A powerful state-based matching engine. It comprehensively checks large quantities of financial data for accuracy against anticipated results, based on configurable rules
- Account reconciliation – Automated account reconciliation across all account types for effective risk management and compliance controls
- Exception management – A fully audited, workflow-driven case management environment that ensures consistent and timely identification and resolution of exceptions
- Account certification – A fully automated and audited process flow based on industry accepted compliance frameworks. Provides critical support for regulatory compliance-related reconciliation and certification review and sign-off (for example SOX 404)
- Spreadsheet control – A powerful spreadsheet discovery and control solution that will mitigate potential risk and liability for your business
- Performance management and reporting – A real-time, enterprise view of transaction activity that enables you to capture and monitor key performance, risk and control indicators
Control your finance and/or back office operations with power and flexibility. Leverage our experience, amassed from working with more than 1,000 customers globally – including bankers, asset managers, hedge funds, broker dealers and custodians to insurance, retail, manufacturing, energy and utility companies.
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