We are proud to announce that RNA Analytics has successfully completed the stringent Financial Supplier Qualification System (FSQS) certification process, a benchmark used by a community of 30 major UK banks and financial institutions to assess inherent risk when selecting suppliers.

Managed by Hellios, FSQS is an accreditation system for the financial sector that recognizes the highest standards in security, quality and innovation.  Through collaboration with peers, the FSQS community facilitates a pooling of knowledge and expertise to determine the best approaches to meeting regulatory requirements and Hellios then provides an objective, standardized and validated mechanism for collecting supplier information and managing compliance assurance. In this way, FSQS ensures responsible business practices through due diligence to help its buyer customers meet their regulatory, legal and corporate governance requirements.

This accreditation requires suppliers like RNA Analytics to be audited against FSQS requirements across all key risk control areas including information/cyber security, data privacy, business continuity, financial crime, conduct risk, financial, legal and corporate responsibility.

Justin Hwang, Managing Director of RNA Analytics, commented:

“Helping our customers to understand and manage risk is a fundamental part of RNA Analytics' business and so being FSQS registered is truly very important to us. It is very much a case of practising what we preach, FSQS endorsing the fact that we follow responsible business practices and demonstrating our commitment to compliance, full organizational transparency and integrity in line with our company values. Registration reassures our customers and partners that we have gone through a rigorous process and embedded the necessary systems and controls required by major UK financial institutions.”