Dion Global Solutions, technology partner to the financial services industry, has announced its official membership with the Euro Banking Association (EBA). The membership means the company has access and can contribute to practical information as well as research and analysis related to the Single Euro Payments Area (SEPA), a European Union initiative geared at making payments across Europe more efficient through uniform standards and practices.
The announcement follows the publication by the EBA of in-depth information on the SEPA migration progress and plans in the different European communities ahead of the migration deadline in August 2014. In June, the EBA also issued a report focusing on user requirements for future payment services built, among others, on the SEPA instruments. Dion provides SEPA Gateway payment technologies for the processing of SEPA Credit Transfers and Direct Debit payments.
Dion Global Solutions provides market leading software to financial situations across the globe. Employing over 600 highly experienced and knowledgeable staff within the Finance and IT industries, Dion’s solution covers portfolio management, trading, settlement, risk management, compliance, analytics, messaging and workflow and research services and information products.