Whistl has secured the FSQS (Financial Services Qualification System) Registered Mark following a rigorous assessment. The accreditation is increasingly required by the largest financial services companies as part of their supplier procurement process. The purpose of the FSQS process is to validate suppliers to the highly regulated financial services sector and covers the areas of Business continuity, Financial, Insurance, Health & Safety, IT Security, Anti-Bribery, Recruitment, Operational Risks, Fraud, GDPR, Responsible Business Governance, Environmental and Sustainability.
The FSQS Standard was created by financial institutions including banks, building societies, insurance companies and investment services, collaborating to agree a single standard for collecting the increasing amount and complexity of third party information needed to demonstrate compliance to the Financial Conduct Authority and the Prudential Regulation Authority. It is undertaken on an annual basis.
Whistl has a significant number of financial services customers where it collects and processes their transactional and marketing mail for delivery by Royal Mail.
Nick Wells, CEO Whistl said: “We are delighted to receive the FSQS Mark as it demonstrates the quality of our internal processes and procedures to the very high standards required by the financial services sector. It gives further confidence in our supplier compliance to our customers in this sector.I am grateful to everyone who worked so hard within the company to achieve this significant and important milestone.”