A new ACTICO sales office in Geneva: We’re now closer to our banking and insurance customers in Switzerland and France

Immenstaad / Geneva, November 24, 2022: As part of its mission to “Build a Regulatory Champion”, compliance and regulatory technology leader ACTICO continues to expand its presence in European financial centres. And within Europe, German-speaking Switzerland remains one of its focus markets, with four of the top five banks, plus leading insurance companies there, using ACTICO’s RegTech software for years.

 

As of now, the software manufacturer based in Immenstaad on Lake Constance (Germany) is spreading its wings further still. A new sales base in Geneva will underpin company efforts to serve banks, financial service providers and insurance companies in French-speaking Switzerland and France.

ACTICO is delighted to welcome its new Senior Sales Manager, Federico Cossu, on board as someone who knows the industry inside out. He leverages his expertise to forge direct access to modern AI-supported software solutions that help banks, financial service providers and insurance companies make decisions on credit and compliance transactions. ACTICO has many years of experience in addressing and complying with regulatory issues, assisted by artificial intelligence technologies.

Exemplifying this experience is the ACTICO Compliance Suite: an all-in-one software solution for anti-money laundering, sanctions list screening, transaction monitoring and securities compliance. And for another RegTech priority area, credit management, more and more global banks are using the ACTICO Credit Risk Platform to digitize and automate their process. This is a scalable cloud solution allowing AI-powered decisions throughout the lending lifecycle.

 

Federico Cossu is an acknowledged expert when it comes to applying RegTech software solutions. After graduating from the University of Milan, he moved to Geneva to start a career in sales at Reuters (now LSEG). After 14 years in which his great passion for data emerged, he became a founding investor and sales manager at Timerepublik. RegTech companies then capitalised on his invaluable experience in software in particular, firstly IMTF in Switzerland and more recently, US-based Metricstream.

Federico is enthusiastic about the ACTICO technology spectrum: “The potential of intelligent, machine-learning-based software solutions to help companies position themselves successfully in the competitive market has always fascinated me. I am firmly convinced that ACTICO will also play a major role in French-speaking Switzerland and France with its compliance and credit management software solutions.”