Solution facilitates a risk-based approach to financial crime risk management with the flexibility to scale up for current and projected growth

BROOKFIELD, Wis. & LONDON--(BUSINESS WIRE)-- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that National Bonds, the leading sharia'a-compliant savings and investments company in the United Arab Emirates, has selected AML Risk Manager for the effective detection, investigation and resolution of financial crimes and to ensure regulatory compliance.

National Bonds has licensed the latest version of the award-winning solution including watch-list filtering and risk-based due diligence capabilities. AML Risk Manager will provide the organization end-to-end transaction lifecycle management capabilities ranging from profiling and monitoring through to case management and reporting.

"As a leading investment company, National Bonds is committed to responsible growth in complete compliance with regulatory requirements," said Ramesh MV, Executive Director Risk & Compliance at National Bonds. "Our investment in AML Risk Manager from Fiserv reinforces National Bonds' sustained belief in maintaining the highest standards of regulatory compliance and demonstrates our commitment in stepping up efforts to effectively monitor and proactively address money laundering and terrorist financing threats."

AML Risk Manager leverages powerful analytics and visualization to offer behavioral profiling, the ability to quantify risk mitigation through investigation, and beneficial ownership insight. Furthermore, it offers users unparalleled configurability - putting the compliance team firmly in control of the system and making their work and life easier.

Ramesh MV added, "By implementing the Fiserv solution for powerful analytics and behavioral profiling, National Bonds will ensure that our monitoring efforts are risk-intelligent and comprehensive. Fiserv has significant global experience in helping organizations mitigate risks related to financial crimes, which was a key factor influencing our selection of their award-winning solution. In addition to demonstrable returns on investment, we are confident that the knowledge and experience Fiserv offers will assist us in achieving the highest international standards of AML compliance."

"Fiserv launched new versions of our financial crime risk management solutions earlier this year as part of a flexible, cost-effective platform that can readily accommodate new strategies, regulations and growth. AML Risk Manager will help National Bonds facilitate a customer centric, enterprise approach to financial crime risk management that is clearly evident to regulators," said Tim Grace, senior vice president and general manager, Risk & Compliance Solutions, Fiserv.

In a world that is moving faster than ever before, Fiserv helps clients deliver solutions that are in step with the way people live and work today - financial services at the speed of life. Learn more at TheSpeedofLife.com.

Additional Resources

• AML Risk Manager - http://fisv.co/1Jhg3lD

About National Bonds

National Bonds Corporation PJSC is a leading investment company that takes pride in its innovative sharia approach to financial products and services; catering to a substantial and diversified client base of retail customers, high-net-worth individuals, and corporations. National Bonds offers direct wealth accumulation through an all-in-one sharia compliant Mudaraba based saving scheme, the first of its kind in the world. The company's strong belief in the pivotal role of savings in building a stronger economy helped its customers achieve their own financial future objectives through disciplined and regular saving habit. And it's committed to keep shaping brighter financial future for today's and tomorrow's generations.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) enables clients to achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more than 30 years, Fiserv has been a leader in financial services technology, and today is among FORTUNE^® magazine's World's Most Admired Companies and Forbes magazine's America's Best Employers. For more information, visit www.fiserv.com.

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Media Relations:
Julie Smith
Senior Public Relations Manager
Fiserv, Inc.
+1 412-225-3182
julie.smith@fiserv.com
or
Additional Contact:
Ann Cave
Director, Public Relations
Fiserv, Inc.
+1 678-375-4039
ann.cave@fiserv.com

Source: Fiserv, Inc.

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