FRSGlobal, a provider of risk and regulatory reporting services, has partnered with Syncordis, a Luxembourg-based banking business consultancy.
According to the company, Syncordis offers implementation and support services for standard core banking systems including the global banking platform Temenos T24. As a tactical partner of Temenos, FRSGlobal integrates its own FinancialAnalytics platform within the T24/Global application suite.
It said that focus of the new partners’ joint activities will be on coordination and sustainability of the system. With its T24 knowledge and multiple implementations of legal reporting requirements, Syncordis will ensure that the T24 banking service and its interface with the FRSGlobal product are parameterized correctly, independently of T24 releases.
Marc Tesolin, senior director of FRSGlobal, said: “This partnership has evolved from former collaboration with FRSGlobal and both our relationships with Temenos. With access to the best technology services, expertise, global reach and support services they will be allowed to stay ‘in sync’ with a regulatory environment.”
FRSGlobal provides risk and regulatory compliance services to meet the financial market’s demands – which are becoming more frequent and complex in order to maintain market stability. FRSGlobal claims to be the only supplier of risk management and regulatory compliance services that meets the demands of both financial institution stakeholders and regulators with internal and external reporting needs.
