Dion Global Solutions’ SEPA Gateway payment solution has been selected by the Bratislava headquartered Slovenska Sporitelna for the processing of SEPA Credit Transfers and Direct Debit payments.
A member of Erste Group/ one of the largest financial services providers in Central and Eastern Europe, the bank will implement Dion's SEPA Gateway to automate payments in line with SEPA regulations. These regulations will see 'legacy' national credit transfer and direct debit schemes end on February 1, 2014 for European countries that have signed the SEPA legal framework, and will dramatically increase transaction volumes for SEPA instruments.
Back office operations and clearing houses affected by the regulations will need to adapt transaction processing to ensure: compliance with workflow rulebooks published by the European Payments Council (EPC).
SEPA Gateway is a flexible, rule-based solution for payments settlement, providing standard interfaces that can be easily customized to fulfill market or bank specific requirements. Based on Dion's Financial Messaging and Workflow Suite, X-Gen, it easily embeds with existing in-house applications to achieve SEPA compliance. Both X-Gen and SEPA Gateway do not require modifications to existing business applications, protecting existing investments.
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.
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|---|---|
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| Infosys | 1318.60 |
| HCL Tech. | 1442.50 |
| Wipro | 204.35 |
| Tech Mahindra | 1511.85 |
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