Focus Technology Group (FTG) was founded in 1985 in partnership with Shatswell MacLeod and Company, a community banking audit firm located near Boston to provide financial institutions worldwide an integrated one stop source for controlling and managing fraud, anti-money laundering and operational risk.
FTG went on to develop the first comprehensive CAAT (Computer Assisted Audit Tool) targeted at the banking and credit union markets – totally pre-configured (turnkey) to their requirements – called BancAudit. It became the preeminent CAAT in the banking vertical. BancAudit and other FTG products have been installed in many hundreds of financial and government institutions.
FTG provides financial institutions with auditing, security and compliance software solutions that minimize regulatory and financial risk, significantly reduce insider and external fraud losses and generate cost savings through operational efficiencies.
One of FTG’s strongest assets is customer’s satisfaction with FTG’s products and support services. The key is FTG’s product quality, its immediate response time to customer questions/issues, the knowledge of FTG’s customer facing professionals, and the flexibility to implement enhancement requests to products.