Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Accuity acquires Safe Banking Systems

GRC Announcements | August 8, 2018

Accuity last month announced the acquisition of Safe Banking Systems (SBS), a specialist provider of Know-Your-Customer due diligence and anti-money laundering solutions that enable financial institutions to identify, assess, and manage risk across the enterprise.

Accuity, part of RELX Group, is a provider of innovative solutions for payments and compliance professionals, offering comprehensive data and software that manage risk and compliance and flexible tools that optimize payments pathways through its Fircosoft, Bankers Almanac, and NRS brands.

SBS’s solutions perform advanced false positive reduction and risk assessment in the account screening process across several sectors, including high-volume banks and non-bank financial institutions, bringing greater intelligence for entity resolution to clients worldwide.

SBS is already a long-standing partner of Accuity’s Fircosoft business, leveraging the Fircosoft filter in its solutions. Accuity and SBS share...

Buy this article for $49, or subscribe to Compliance Week for a month at $149 and get unlimited article access for 30 days.