London, January 29, 2008 – ACE Software Solutions (www.acesw.com), provider of intelligent payment, AML and STP solutions for the financial sector and Capgemini BAS B.V., a subsidiary of the Capgemini Group, one of the leading providers of application services in the Dutch market have agreed to jointly offer PELICAN for SEPA SaaS (Software as a Service) to financial services institutions.
ACE’s PELICAN platform has gained industry recognition for its functionality, flexibility and availability with targeted industry specific versions for SEPA, SWIFT and corporate connectivity. Commencing in 2009, the SEPA Direct Debit (SDD) initiative will also be supported by PELICAN for SEPA. This enables direct debit originators to collect Euro payments on any of the SEPA countries, including their own domestic direct debits using a single service, rather than the country specific service in use today.
“PELICAN for SEPA gives Capgemini BAS’ clients the ability to rapidly adapt to any future changes in the payments processing environment. By enabling access to the PELICAN for SEPA solution via a SaaS approach, many users can take advantage of the system for head office or multiple branch access” said Engbert Verkoren, CEO of Capgemini BAS B.V.
“The combination of ACE’s “intelligent” payments platform and Capgemini’s local skills and experience has proven to be successful in the Dutch payments market. The flexibility of the PELICAN platform on which the SEPA specific offering runs, ensures it can be effectively deployed under the Software as a Services model,” said ACE Software Solutions CEO Parth Desai.
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About ACE Software Solutions
ACE Software Solutions is a provider of intelligent payment and STP solutions for the financial sector. The company’s flagship Pelican™ solution offers fully integrated real-time payments, liquidity and cash management, Anti-Money Laundering and OFAC compliance, whilst, Pelican for SEPA solves functional and technical SEPA compliance issues. With five SWIFTReady Gold label accreditations, no other company can demonstrate the depth and breadth of payment and STP expertise that ACE brings to the market. A worldwide financial client base includes BNP Paribas, CommerzBank, Credit Agricole, Credit Suisse, RBC Dexia, State Bank of India, Standard Chartered, Toronto Dominion and UBOC. ACE Software Solutions is headquartered in New Jersey with regional offices in London, Brussels, Oslo and Mumbai. For further information, please visit www.acesw.com.
About Capgemini
Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, enables its clients to transform and perform through technologies. Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working – the Collaborative Business Experience – and through a global delivery model called Rightshore®, which aims to offer the right resources in the right location at competitive cost. Present in 36 countries, Capgemini reported 2007 global revenues of EUR 8.7 billion and employs over 88,000 people worldwide.
More information is available at www.capgemini.com.
Capgemini BAS B.V. is a subsidiary of the Capgemini Group and one of the few companies in the Dutch market to offer services connected to the whole applications lifecycle, from application management consulting (support and maintenance) to project development, integration and implementation. Among its main clients, Capgemini BAS B.V. counts some of the leading names in the Dutch public and industry sectors such as planning organizations, large State administration and social security bodies, as well as the main players in Dutch insurance and banking world.
Press contact:
Michele Bayliss,
Rivercalm
Tel: 0044 20 7152 6118
Email: michele.bayliss@rivercalm.com
Press Release issued by RealWire.com
