Financial Services

With great power comes great responsibility.

Financial service firms are highly regulated and contribute substantially to the wellbeing of their employees, clients, as well as the economy at large. 

Hiring great people who work with integrity, a high moral compass, and for the success of your organization and clients is essential – and also hard to do. Beyond that, the cost of workplace misconduct is huge. Fraud costs nearly $4 trillion a year. Theft costs $50 billion a year. Harassment costs between $300 and $1000 per employee. Substance abuse costs $81 billion a year. And, that excludes the cost of reputational damages that companies incur once the public finds out about misconduct.

Fama compliantly searches over 10,000 sources of publicly available online and social media content to identify candidates with workplace misconduct issues. A Fama report is available many times in 24-48 hours and only provides the instances of misconduct. Request a demo today to learn more about how easy it is to incorporate a Fama report in your hiring process.