March 1, 2023 – Global software development firm ELEKS has successfully passed the FSQS (Financial Services Qualification System) accreditation by Hellios.
FSQS (Financial Services Qualification System) is a community of financial institutions, including banks, building societies, insurance companies, and investment services, collaborating to agree on a single standard for managing the increasing complexity of third and fourth-party information needed to demonstrate compliance to regulators, policies and governance controls.
The FSQS aims to ensure that the information suppliers and third parties are asked to provide to their clients is proportionate to the types of goods and services being supplied. A dynamic three-stage process is used to ensure that the process is tailored and, therefore, as efficient as possible. The three-stage process consists of profiling, compliance, and assessment.
"This achievement will help to strengthen ELEKS' position in the region. We’re certain we can create many exciting new opportunities for the UK’s financial sector.”, commented Andy Hayhurst, Chief Business Officer at ELEKS.
ELEKS demonstrates its ongoing dedication to delivering industry-leading solutions and helps the financial services sector manage risk and unlock Big Data’s potential – with advanced analytics, Machine Learning, and more. Learn more about how the ELEKS team helped Eagle Investment Systems to develop an advanced data-centric portfolio management system.
About ELEKS
ELEKS is a Top 100 Global Outsourcing Company, providing expert software engineering and consultancy services for over 30 years. Its talent pool of over 2,000+ specialists covers niches from custom software development to product design and technology advisory, making it the partner of choice for many of the world's leading enterprises, SMEs, and technology challengers.
