FOCONIS AG

Founded in 2000 in Vilshofen, FOCONIS AG is a leading provider of data quality, control and compliance software, supporting financial institutions with internal reporting and compliance with legal requirements. The solution is focused on banks in German-speaking countries and currently includes more than 500 customers from the financial services industry. The company’s main product, FOCONIS-ZAK®, consolidates data from various sources, e.g. B. Stock market data, securities lists, data from banking associations, business information or other (un)structured data that is provided, for example, by the IT service provider or within the core banking process. The system automatically analyzes and controls the data to be processed using an underlying set of rules coordinated with banking and savings bank associations. If conspicuous business transactions are identified, ZAK initiates the solution of compliance problems according to a firmly defined process including escalation paths. The checked and corrected data is then automatically updated in the customer’s core banking system.