Paris, FRANCE – 30 July 2008

FircoSoft, the leading provider of Watchlist filtering solutions has announced that for the 8th consecutive year it has been awarded the “Ready Application” Alliance Access Plug-in label.

FircoSoft has had a close relationship with SWIFT since 2000 for the development of compliant and “ready” solutions for SWIFTAlliance Access (SAA). This award shows SWIFT recognition of quality and compatibility for FircoSoft’s OFAC-Agent Suite watch list filtering solution using the SWIFTAlliance Developers Toolkit (ADK) for integration in SAA. FircoSoft, a recognized pioneer and leader in its market, was the first company to obtain the SWIFT label for a Watch list filtering solution. This long standing and proven experience enables FircoSoft to offer the best of breed solution to enable financial institutions to comply with ever stringent regulations.
OFAC-Agent Suite is the preferred solution on SAA already selected by more than 60 financial institutions to filter transactions in SAA totalizing more than 120 installations across the globe.

FircoSoft OFAC-Agent Suite enables financial institutions to comply with stringent national and international anti-terrorist financing regulations by filtering their transactions in real-time, including SWIFT payment messages processed through SAA, and screening their customer records against sanctions, PEPs & FEPs lists. The system prevents them from processing illegal transactions and ensures that high-risk individuals and counterparts are blocked. The Suite also offers efficient list management tools and a rule writing module to create exceptions when filtering, in order to reduce false positives. FircoSoft now counts over 335 customers and the solution has been installed in more than 650 sites.

About SWIFT
SWIFT is the Society for Worldwide Interbank Financial Telecommunication, a member-owned cooperative through which the financial world conducts its business operations with speed, certainty and confidence. Over 8,300 banking organizations, securities institutions and corporate customers in more than 208 countries trust us every day to exchange millions of standardized financial messages.  For more information: www.swift.com

About Sword FircoSoft
Over 335 financial institutions in more than 55 countries (representing over 650 sites) are already benefiting from the #1 watch list filtering solution* provided by Sword FircoSoft. 
Sword FircoSoft, provider of multi-alphabet ready filtering solutions, also offers best-in-class straight through processing and business intelligence solutions.

* ranking by Celent since 2003