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N°4 April 2007
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Sterci’s Steform gets SWIFTReady Gold label for funds
SWIFT has renewed for the 3rd consecutive year Steform with the highest award label for funds. Steform version 3 is SWIFTReady Gold 2007 for funds, it means the SWIFT compliance recognition to provide a comprehensive automation for Funds using new SWIFTNet XML ISO 20022 messaging standards. Steform is an intelligent message builder EAI based on Java and XML open standards. Steform provides an efficient mapping tool between business applications and the latest messaging standards including SWIFT FIN, ISO 20022 (SEPA, Funds, Exceptions & Investigations, Cash Reporting), FIX 4.0 to 4.4, InterPAY, SIC, Secom, SARIE, Target 2. Business rules can be configured to customise the message content according to the bank and relationship requirements. Steform services can be available to any applications through an Enterprise Service Bus in a SOA. Steform is a SWIFT solutions enabler, this is key for XML new standard adoption. Most business applications are not ready for XML and customers need the appropriate tools for mapping, testing, and validation. Also to interoperate during a transition period the old standards together with the new ones. With Steform all messaging standards are available on the shelf for bridging the missing gap. This is very much appreciated by customers for funds but also SEPA or Target 2 projects.
Sterci’s Stematch gets SWIFTReady Gold label for reconciliation
SWIFT has renewed for the 4th consecutive year Stematch with the highest award labels. Stematch version 7 is SWIFTReady Gold 2007, it means the SWIFT compliance recognition to provide a comprehensive automation for Cash and Securities Reconciliation using SWIFT messaging standards. Stematch end-to-end solution reconciliation covers not only Cash and Securities reconciliation but also includes confirmation matching and a very powerful embedded investigation module for exception management. With version 7, Stematch is now providing a new module for generic reconciliation, this allows to reconcile any data set against any other data set. The user has only to define the data dictionary of the data sources and on which data fields are to be reconciled. Stematch is now a market leading reconciliation product as it offers enterprise-wide reconciliation. Stematch supports reconciliation for all business lines and market instruments including cash, general ledger, nostro, securities transactions, custodian holdings, funds, foreign exchange, money market, precious metals. Its flexibility and generic capabilities provide a high automatic matching rate for any internal or external data sources. With our recent success, Stematch is now n°1 in Switzerland and is winning new market share in UK, Luxembourg, Belgium and Middle-East .
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