Transaction Banking comprises commercial banking products and services proposed by leading banks for their clients, including corporates and financial institutions. It covers domestic and cross-border payments as well as securities services and forex.
The Sterci suite of SOA solutions for STP is Powering Transaction Banking business chain:
• On the Bank side, Sterci solutions improve the financial messaging infrastructure; reduces the processing cost by facilitating the reconciliation and exception management; reduces the risks by means of business activity monitoring and quality data management.
• On the Corporate side, as well as for Financial Institutions, Sterci solutions facilitate the SWIFT on-boarding process through our Service Bureau; plus they provide easy reconciliation of payment, treasury, and security transactions.