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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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ACE Software Solutions Extends PELICAN to support SEPA Direct Debits |
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London and New York – 25th June, 2008,
- ACE Software Solutions (www.acesw.com), provider of intelligent payment and
STP solutions for the financial sector, today
announced an additional module for PELICAN
for SEPA which incorporates SEPA Direct Debit (SDD) is being rolled out to European
customers.
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“With this new component of the ACE PELICAN for SEPA solution, users can be prepared
for the SDD launch in November 2009“ remarked Parth Desai, CEO, ACE Software Solutions.
“Following the typical steps for selection of the right solution, testing, implementation
and go-live, the time to take action is certainly right now.”
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PELICAN for SEPA enables financial institutions and corporates to centralise their
payments processing. The solution comprises a number of components that work as
point solutions or combine to create a fully integrated payment processing system.
The key advantage of PELICAN for SEPA is that it provides end-to-end visibility
across their payments process, in real-time. PELICAN for SEPA supports ISO 20022
and SWIFT standards and is built on SWIFTReady Gold labeled technologies.
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In addition, there is support for C2B (Customer to Bank) and B2B (Bank to Bank)
Direct Debits, Mandate & e-Mandates management, Intelligent IBAN & BIC conversions,
Automated Exceptions Processing and
Repair as well as Alerts, Advices and Reports.
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There will be further announcements about the take up of PELICAN for SEPA and the
benefits realized by users in the near future.
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