FSQS Community Expands

FSQS Community Expands

Governance and Compliance

FSQS expands the community of Financial Services OrganisationsArcivate accreditation with Hellios FSQS buyer services

 

We are pleased to see the continued growth of organisations in Financial Services, taking advantage of the FSQS service with M&G agreeing to become the 39th financial services organisation using FSQS to support their supplier and third-party qualification, compliance, and risk management process.

   

Financial Services Qualification System -  Financial Services Community expandsThe FSQS community has now been joined by M&G as they have become the 39th organisation to make use of FSQS. The concept of FSQS is a collaborative system where suppliers complete and maintain a single profile, which is shared by their major customers in the financial services sector. This reduces the duplication of effort and cost associated with qualification and compliance.

We are delighted this vision continues to be realised as more financial services organisations join FSQS, as there are now thirty-nine Banks, Building Societies, and Insurance financial services organisations within the FSQS community of purchasers.

 

What are the benefits of the FSQS Community?

 

FSQS helps introduce responsible business practices and is currently used by 39 Banks Building  and Insurance companies:

 

Lloyds Banking Group
Metro Bank
Santander
TSB
Shawbrook Bank
Aldermore Bank
Clydesdale Bank
Yorkshire Bank
Arbuthnot Latham
Nationwide Building Society
Weatherbys
AIB
LV Financial Services

The Bank of England
Bank of Ireland
Yorkshire Building Society
Tokio Marine Kiln
Virgin Money
Royal Sun Alliance
Hinckley and Rugby Building Society
BNP Paribas
NFU Mutual
PCF Bank
Masthaven Bank
Family Building Society
LV General Insurance
M&G

Schroders
Hastings Direct
Teachers Building Society
MotoNovo Finance
FirstRand Bank Limited
Ecclesiastical Insurance
and now with
Chaucer Underwriting
Darlington Building Society
The Phoenix Group
Union Bank
Tandem Bank
Ipswich Building Society


We are pleased to welcome this new Buying organisation to the FSQS community and to congratulate Helios FSQS on gaining greater visibility in the financial services sector of the FSQS system.

With the decisions of more organisations joining the FSQS Community, it should result in even greater reductions in duplication of time and effort. As the same profile information is shared and used for qualification and compliance by all banks, building societies and insurers using FSQS. The principle of this community approach is that the benefits increase each time another bank or major financial services organisation joins the FSQS Community. Helios FSQS buyer services for the Financial Services sector

 

 

Please visit Hellios services for more details.

 Hellios Buyer Services

 
 

What information is shared in the FSQS Community?

The vast majority of information collected by FSQS relates to the supplier's company and its policies and procedures, plus the products and services which are supplied. Some of the questions asked are specific to a particular customer and where there are answers to questions that have been provided, which are deemed to be specific to a particular customer, this data will only be shared with the applicable customer and will not be shared with any other bank or financial services organisation or that may join FSQS in future.

 

 

Arcivate accreditation with Hellios FSQS buyer services

 

 

 

ARCivate has achieved FSQS supplier qualification

accreditation for the financial sector

 

FSQS ACCREDITATION

 

 
 

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