Get the latest news straight from Austria
Specialist Securities Processing Provider Selects Sterling Commerce to Provide a Single Multi-Channel Gateway for Global Communications. Sterling Commerce, an AT&T Inc (NYSE:T) company, announced that Services et Logiciels d'Integration Boursiere (SLIB), a leading provider of solutions and services for the European securities industry..
Omgeo has acquired London-based collateral management house Allustra, for an undisclosed sum. In addition, the post-trade processor has acquired a derivatives portfolio reconciliation platform designed by Global Electronic Markets (GEM), after piloting the technology with a large broker/dealer and global hedge fund.
Austrian bank Bawag PSK has signed up with payments vendor VocaLink for a pilot scheme to help its business-to-business direct debit payments become Sepa-compliant.
Sinsys, a majority-owned subsidiary of SIA-SSB, has won a five-year card issuing processing contract with Austria's PayLife Bank. The five-year contract will run from mid-2010 and will replace the bank's current arrangement with First Data.
Microsoft Corp. today announced at Sibos 2008 that the Polish National Depository for Securities (KDPW) is implementing Microsoft BizTalk Accelerator for SWIFT for the transport, management and exchange of more than 4 million SWIFT transactions per year.
Decillion and Microsoft collaboration delivers enterprise value with a SWIFT-based messaging platform covering payments, cash management, corporate actions and securities trades for White Outsourcing.
Industry Expertise and Solution Functionality Enable Leading Financial Institutions to Capitalize on New Market Opportunities Worldwide Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today at Sibos 2008 announced growing momentum for its WebSeries Global Cash Management Platform within the banking and financial services community worldwide with significant new customers and a strategic partnership.
New Connectivity Option Enables Access to SWIFT for Straight-Through Transaction Processing and Reporting
Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today at Sibos 2008 announced that it will serve as the principal technology partner for SWIFT's new Alliance Lite connectivity option, which will provide secure, Web-based access to SWIFT's financial messaging network worldwide.
SunGard is incorporating digital authentication technology from IdenTrust into its AvantGard treasury management product. SunGard says the integration will help AvantGard users to minimise risk exposure and create legally compliant audit trails.
Microsoft Corp. today announced at Sibos 2008 that Bankdata, a leading provider of IT services in Denmark owned by a consortium of 15 banks, is transforming its payments processing with a new payments platform using Microsoft SQL Server 2005 and Microsoft BizTalk Server 2006 including Microsoft BizTalk Accelerator for SWIFT and BizTalk FileAct and InterAct Adapters.