NetEconomy and FircoSoft Join Forces to Tackle Financial Crime


THE HAGUE, The Netherlands, December 21 /PRNewswire/ --

- Combined Offering Provides Powerful Financial Crime Blocking

NetEconomy, the global leader in financial crime management and
compliance solutions, and a business unit of Fiserv, Inc. (NASDAQ: FISV),
today announced that it has signed a strategic OEM agreement with FircoSoft,
the leading provider of watchlist filtering solutions. NetEconomy plans to
embed FircoSoft's OFAC-Agent Suite solution within its Compliance Manager
anti-money laundering solution to deliver an integrated, comprehensive and
high-performance offering to global financial institutions.

The integration of FircoSoft's watchlist filter will offer additional
powerful functionalities to enhance NetEconomy's award-winning solutions. The
seamless integration will allow fast delivery to financial institutions of a
complete best-in-class solution to address each part of a compliance risk
management program.

"NetEconomy's award-winning transaction monitoring and case management
environment combined with FircoSoft's world-class watchlist filtering
solution provides an exceptional high-performance platform for global
financial institutions to mitigate risk in order to meet regulatory
requirements and effectively fight financial crime," said Jean Losco,
Executive Director, of FircoSoft. "With several implementations already
underway it is an excellent start to what we believe will be very rewarding
partnership."

"NetEconomy chose FircoSoft because of its proven experience delivering
superior market leading solutions to a substantial customer base," said Peter
Kwakernaak, Chief Commercial Officer, of NetEconomy. "We are very pleased
with this agreement and also the added value, flexibility and protection our
synergy will provide for our customers and global financial institutions."

FircoSoft's OFAC-Agent Suite filters any payment messages, including
SWIFT, and customer information against any combination of sanctions/PEPs &
FEPs (Politically Exposed Persons & Financial Exposed Persons) lists. When a
match is found, an alert will be generated and routed within the NetEconomy
system. In addition to watchlist filtering with FircoSoft, NetEconomy's
robust system uses multiple detection scenarios, behavioural profiling and
rules to monitor all financial transactions such as cash deposits and wire
transfers, and alerts its users to the appearance of suspicious activity.
Once suspicious activity has been identified, a step-by-step workflow with
built-in case management drives users through investigation, case tracking
and reporting within one fully integrated environment.

About FircoSoft

Founded in 1992, FircoSoft offers watch list filtering solutions for
international financial institutions. FircoSoft develops markets and supports
OFAC-Agent Suite to eliminate the risk of processing illegal transactions and
detect high-risk financial customers. Over 315 institutions in more than 50
countries (representing 650 sites) use FircoSoft's Watch List Filtering
solutions which are multi-alphabet ready. FircoSoft has been ranked #1
WatchList filtering solution since 2003 by Celent. FircoSoft is a SWORD Group
Company (Euronext FR0004180578 - SWP). For more information, please visit
http://www.fircosoft.com.

About SWORD Group

The SWORD Group is an International IT Products and Services Company that
was founded in December 2000 by its Chairman, Jacques Mottard. Jacques'
vision is for SWORD to become the best performing global Product and Services
Company by identifying, anticipating and satisfying customer requirements
whilst delivering profitability year on year and returning exceptional value
to all stakeholders. As at the end of July 2007 SWORD employed 1,700 staff
across 14 countries, with a 2006 turnover of EUR 142m. For more information,
please visit http://www.sword-group.com.

About NetEconomy

NetEconomy, based in The Hague, with offices in London, Paris, Boston,
New York, Sydney, Shanghai and Kuala Lumpur, Malaysia, and distributors and
strategic partners across South Africa, Australia, Europe, Southeast Asia and
the United States, is the leading provider of financial crime management and
compliance solutions. With more than 140 implementations across 60 countries,
NetEconomy brings business value to its worldwide client base through its
personalised customer approach for minimising regulatory risk, delivering
measurable results and protecting corporate brand and reputation. For more
information, please visit http://www.neteconomy.com. For more information on
NetPractice, visit http://www.netpractice.org.

© PR Newswire Association LLC.

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