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Siron® support for Access Bank

Confero Technologies is pleased to announce the signing of a new contract with AccessBank, the leading bank for micro, small, and medium-sized enterprises in Azerbaijan, to provide first-level technical support for Siron® KYC, AML, Embargo. This partnership underscores Confero Technologies' commitment to delivering innovative solutions that enable financial institutions to achieve greater compliance and operational efficiency.

Siron®KYC (Know Your Customer) offers AccessBank comprehensive identification and verification capabilities throughout the customer lifecycle. By leveraging this solution, AccessBank will streamline its onboarding processes, reduce time and risk exposure, screen customers against lists and classify risk levels and gain a holistic view of the customer.

In addition, Siron®AML (Anti-Money Laundering) will empower AccessBank to comply with regulatory requirements while minimizing operational risks. This best-in-class solution will enable AccessBank to manage alerts efficiently and eliminate low-value tasks.

Furthermore, Siron®Embargo provides AccessBank with real-time transaction screening capabilities to combat terrorism financing and ensure sanctions and embargo regulations.

We greatly appreciate our ongoing relationship with our partner, IMTF, as they support us in providing a more diversified product portfolio. Furthermore, we are thrilled to continue expanding in the Azerbaijani financial market.