FircoSoft is the recognized market leader of watch list filtering solutions. Founded in 1990, FircoSoft has a track record of partnering closely with its customers to keep ahead of regulatory changes and eliminate the risk of fines and reputational exposure.
Over 630 customers including some of the largest financial institutions rely on FircoSoft to filter customers and transactions against sanctions and watch lists to ensure compliance with regulations on terrorist financing and sanctions programs, and meet Know Your Customer requirements. With FircoSoft, financial institutions accurately detect listed parties, eliminating the risk of processing illegal transactions.
FircoSoft has offices in New York, Tampa, São Paulo, London, Paris, Luxembourg, Zürich, Chennai, Singapore and Melbourne. Together with its global partner network, FircoSoft delivers ongoing services, support and expertise to 2000 customer sites in over 70 countries.
FircoSoft is the unrivaled market leader for watch list filtering lauded by regulators, analysts and financial institutions around the world. Since 2000, FircoSoft has been ranked #1, best-of-breed, and received numerous accolades and industry recognition for its watch list filtering solution by many organizations and analyst firms including AITE, Celent, Chartis and the TowerGroup.
Focused Filtering Expertise
Watch list filtering has always been FircoSoft’s main focus. For over 15 years, FircoSoft has continued to enhance its filtering solution to address regulatory changes and new business requirements. Today, FircoSoft has the largest team in the world focused on watch list filtering.
In June 2011, FircoSoft underwent a successful management buyout from owner Sword Group which was initiated by FircoSoft’s management team and the new investor, R Capital Management, a European growth equity firm sponsored by Rothschild. With this Management Buyout, the new company FircoSoft Group has been created. The MBO is an important milestone in the growth of the company and has enabled effective management and growth of the business while maintaining the high level of services and commitment to its customers.