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FSQS Accreditation For 2020 Research


2020 Research has successfully maintained registered status on the FSQS supplier qualification system, a benchmark used by major UK banks and financial institutions when selecting suppliers.

Managing Director Bob Peters says the award is central to the company’s growth plans, enabling it to expand the work it already does in the banking and financial sector: “2020 Research currently works with FTSE 100 organisations to provide customer insight solutions using both quantitative and qualitative approaches.

 

Our registration status means we have gone through a rigorous process and embedded the necessary systems and controls required by major UK institutions. This is a very positive reflection on 2020 Research as an organisation and supports our drive for business excellence as we meet the needs of new and existing clients”

About FSQS

FSQS is a qualification system for the financial sector. It is designed to standardise and manage requests for compliance and assurance data for major financial services organisations that have adopted FSQS.

As the regulated environment becomes more complex, FSQS provides a standard and simple mechanism for collecting and managing supplier compliance assurance information across the sector.

FSQS is currently used by eleven major banks and other financial services: Lloyds Banking Group, Santander, Metro Bank, Shawbrook, TSB, Aldermore, Clydesdale Bank, Nationwide, Arbothnot Latham, LV= and Weatherbys.

Areas of compliance covered by the assessment include:

  • Business community
  • Financial
  • Insurance and third-party certification
  • Health and safety
  • Environmental and sustainability
  • IT Security
  • Sanctions
  • Anti-bribery
  • Operational risks
  • Fraud
  • GDPR
  • Responsible business governance