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AN OVERVIEW |
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At ACE we believe that change is constant. Our business and technologies are continually
evolving to keep up with the demands of a challenging yet exciting global marketplace.
Every day we empower ourselves to meet these challenges we face to ensure that our
custo-mers needs are served. In this way we will remain a world leader in AI (Artificial
Intelligence) based financial software solu-tions. We believe in empowerment and
the freedom to act on behalf of our customers. |
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PRESS RELEASE |
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ACE Software Solutions, Inc. |
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News Release |
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SWIFT Awards “Financial EAI SWIFTReady Gold” to ACE’s EAI Toolkit |
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London, 30th September 2004 - ACE
announced today that its EAI Toolkit™, a comprehensive solution for financial enterprise
application integration has achieved SWIFT Ready Gold accreditation under the Financial
EAI category.
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"We appreciate and recognise the enthusiasm and professionalism shown by ACE to
obtain the Financial EAI label for their EAI Toolkit in 2004" said Olivier Roucloux,
Analyst, SWIFT . "We look forward to exploring new opportunities together with ACE
to make sure their application evolves towards a leading SWIFTNet single-window
integration System."
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Al Danino, Commercial Director at ACE had this to say. "This product
set is probably the best kept little secret in our armoury, but
not anymore. For
a long time now ACE has been successfully engaging in financial enterprise integration
projects and this year we felt was the right time to really go for accreditation
and in so doing place a marker down as to the versatility of our products.
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About SWIFT |
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SWIFT is the industry owned co-operative supplying secure standardised messaging
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Services and interface software to 7,600 financial institutions in 200 countries.
The SWIFT community includes banks, broker/dealers and investment managers, as well
as their market infrastructures in payments, securities, treasury and trade. Over
the past ten years SWIFT message prices have been reduced over 70%, system availability
approaches 5x9’s reliability and SWIFT’s new IP messaging platform SWIFTNet has
been launched.
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About EAI Toolkit™ |
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ACE's EAI solution has been in use with several of our clients since 1998 so we
believe that we thoroughly understand the complexity, time and effort it takes to
make these systems work well for our clients.
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- Reduces cost of maintenance - since a large part of existing software maintenance
costs are spent on the upkeep of the interfaces between applications
- Lower application integration costs - once our EAI solution is in place, the cost
of integrating other applications will be proportionately smaller
- Enables migration to new technologies – such as Event Driven Architectures (EDA),
Services Oriented Architectures (SOA).
- Our EAI solution insulates applications from underlying system software changes,
as well as limiting the impact of major new application releases on your other applications
connected to it.
- Supports decentralised structures - making it more feasible to distribute functionality
across business systems in support of decentralised organisational structures
- Improved cross-enterprise communication – facilitates Straight Through Processing.
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About ACE Software Solutions |
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ACE Software Solutions is a world leader in message content-based
STP solutions.
ACE’s solutions enable financial organizations to leverage ACE’s proven expertise
in Artificial Intelligence and Natural Language Processing and to successfully tackle
every aspect of financial message processing right from Message Enhancement and
Repair to Message Traffic Analysis and AML. ACE has offices in London, New Jersey,
and Bombay. www.acesw.com
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