Fiserv Strengthens Risk Management Team with Two Hires

Global financial services provider Fiserv Inc. has augmented its financial crime Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term team, appointing specialists Timothy J. Grace and Manuel Da Silva, according to a recent Fiserv statement.

Fiserv has been relatively muted with personnel moves, with it’s last coming late last year in November when the company appointed Kevin Schultz as its Group President.

Fiserv’s multi asset-class solutions cater to a variety of companies – earlier this year Sussex Bank announced the adoption of the Premier bank and solutions platform from Fiserv.

The group’s financial crime risk team aim to deliver an integrated and consolidated suite of software solutions in hopes of detecting and preventing fraud and compliance risks across major payment channels – these include among others, checks, cards, and electronic Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term.

Mr. Grace joins Fiserv from PointPredictive Inc, having founded the company and served as its CEO since early 2014. He has also held a number of senior level roles at BasePoint Analytics and FICO.

Alternatively, Mannie Da Silva has over two decades worth of experience in the payments industry, having worked with a number of financial institutions and software companies in the UK and US. He joins Fiserv after a decorated career in fraud and risk management enterprise solutions and analytics across several consulting roles.