| Set up in 1991
to provide end-end STP solutions based on advanced AI techniques, ACE Software
Solutions Inc. ("Ace") is a US based leading provider of specialist message processing
and straight through processing (STP) solutions to financial institutions worldwide.
The company has offices in USA, UK and India. Ace proposes to leverage its strong
positioning in the Straight Through Processing business to expand into enterprise
level integration solutions based on similar technologies. To achieve its objectives,
the company intends organic growth through business generation from its existing
clientele across the globe. As a specialist software products
and solutions vendor, ACE understands the key distinctions that can help achieve
high levels of STP. A key element to solving the STP problem is dealing with the
natural language or narrative in message fields. Examples in SWIFT messages are
D fields (e.g. parties identified by name and address, or securities identified
by descriptions instead of ISIN, CUSIP, or SEDOL codes) and Field 72(sometimes
useful, but mostly superfluous information.) ACE has four
key product portfolios, STP ToolkitTM, AML ToolkitTM, e@i ToolkitTM and FAX ToolkitTM.
ACE’s products run on a variety of platforms ranging from Microsoft NT, UNIX,
OS/2, VAX, Tandem and IBM mainframes. ACE markets its products directly via its
London based sales and marketing arm and via key partnerships. ACE
is the only company in the world capable of providing holistic STP solutions for
ALL message types e.g. Fax, Telex, Email, Structured Electronic, and ALL message
formats e.g. SWIFT, EDIFACT, Fedwire, DTA, BACS, etc. |
