Matrix-IFS collaborates with FICO for Advanced Anti-Financial Crime Solutions

Silicon Valley analytic software firm FICO has announced that Matrix International Financial Services (Matrix-IFS) is now a FICO Reseller and Implementation Partner for the FICO TONBELLER Siron Anti-Financial Crime Solutions for anti-money laundering, regulatory compliance and tax compliance. The initial focus of the partnership will be on the U.S.

“FICO TONBELLER’s offerings bring new, innovative solutions to hundreds of financial services firms and institutions,” stated Renan Levy, CEO, MATRIX-IFS. “This partnership adds to our overall strategy of identifying and applying the best and most effective technologies and methodologies to help financial services firms and banks meet strict new regulations, gain efficiencies and protect the reputations of their institutions.”

“Matrix-IFS brings a tremendous amount of experience and thought leadership to the fight against financial crime,” said Torsten Mayer, Vice-President for Compliance Solutions, FICO. “We believe our solutions can give financial services firms and banks the most powerful implementation of a risk-based approach.”

FICO TONBELLER’s Siron Anti-Financial Crime Solutions suite consists of flexible and highly integrated software modules for anti-money laundering, tax compliance, counter-terrorism financing, end-to-end know your customer (KYC) and other issues to provide a risk-based approach out-of-the-box. The Siron suite is part of FICO’s portfolio of solutions for fraud and financial crime, which also includes the FICO Falcon Fraud Platform, protecting more than 2.6 billion payment cards worldwide. FICO acquired TONBELLER in early 2015.