ACE holds the "SWIFT Ready Gold - Intelligent Message Enhancer" status for 2005. This is the third year that ACE has held this certifica-tion. ACE products have consistently been SWIFT Ready Gold certification during the past 6 years.

ACE products have also been awarded two more SWIFT accreditations: ""SWIFT Ready Gold - Financial EAI" and "SWIFT Alliance Plug-In". These certifications prove ACE's unbeatable expertise in intelligent messaging and EAI/ integration technologi-es.

Drivers for FAX Automation

Financial institutions are faced with two major, costly, and time- consuming problems:

Messaging Problem

A broad array of possible message formats with radically different inherent automation possibilities gives the large international financial institution a messaging challenge of significant proportions. Each category of Incoming messages have different handling needs, even under perfectly "clean" (meaning the message contained no errors) conditions.

Scale of the Problem

SWIFT has published figures that show about two thirds of all SWIFT messages contain at least one problem that prevents the message being processed without human intervention, and that about a fifth contain two or more such violations. In the completely unstructured worlds of telex, fax and e-mail, there are no equivalent published figures, intuitive and empirical observation however, would indicate that there a significant proportion of these messages having to be manually processed. The operational pressures on exception processing staff have never been greater.