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Head office 1350 René-Lévesque Boulevard West 15th floor Montreal, Quebec H3G 1T4 Canada Tel: +1 514-841-3200 Fax: +1 514-841-3299 Logica is now part of CGI.
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5th Floor 76 Berry St
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Woluwedal 106
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Na Okraji 335/42
Prague 6
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204 Rond Point du Pont de Sèvres Tour Chenonceaux
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Kölner Strasse 6 Kölner Strasse 6 Kölner Strasse 6
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601, Level 6, Uptown 1, No. 1, Jalan SS21/58 Damansara Uptown 47400 Petaling Jaya Selangor Darul Ehsan
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Antareslaan 11 2132 JE Postbus 426 2130 AK
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1st Floor, South Tower ABRAJ Atta'awuneya King Fahd Road PO Box 68859 11537
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150 Beach Road #08-01/04 Gateway West 189720

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S:t Eriksgatan 117 S-114 43
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Dubai Internet City PO Box 26379 Building 4, 3rd Floor
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7 Hanover Square 7th Floor
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250 Yonge Street, Suite 2000
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Engerthstrasse 169/3
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Fredrik Bajers Vej 1 9220 AALBORG 9220
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Türi 10c 11313
TALLINN
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Wahreninkatu 11 J 30100 FORSSA
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Alkotás u. 17-19 1123
Budapest
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UTC (Bldg 4) Curraheen Road, Bishoptown
Cork
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7, Zone d'activités Bourmicht L-8070
Betrange
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Rådman Siras Vei 1 1712
GRÅLUM
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Ul. Stachowicza 5 30-103 KRAKÓW
Kraków
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Portugal Office

Edificio Altejo Matinha, Piso 2, Lote A 1900-832 Olivais
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Russia Office

12 Krasnopresnenskaya nab. 6th entrance, office number 1739 Moscow 123610
Moscow
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Slovakia Office

Suché Mýto 1 811 03 Bratislava
Bratislava
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Spain Office

COPIDATA C/ Batalia de Bailen, Nº 24. DCHo.42 - 2 Collado - Villalba
Madrid
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Switzerland Office

Bahnhofstrasse 42 CH-5401
Baden
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Ukraine Office

Skrypnyk Str 14A Kharkiv Kiev region Index 61057
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China Office

Ed. Comercial Han Van San Av. Infante D. Henrique, No.47-53, 7.º Macao SAR
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Level 3A03, Menara Thamrin Jl. M.H. Thamrin Kav. 3 Jakarta 10250
Jakarta
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7F, Tokyo-Toyamakaikan Bldg. 5-1-3 Hakusan Bunkyo-ku Tokyo 112-0001
Tokyo
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10th floor Trafalgar Plaza HV de la Costa Street Salcedo Village Makati Philippines
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No. 188, Nanking E. Road Suite 7, 8F, No.188 Nanking East Road, Sec.5 Taipei 105, Taiwan, ROC
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121/99 RS Tower, 36th Floor Ratchadaphisek Rd., Dindaeng, Dindaeng Bangkok 10400, Thailand
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Data Center Av. Presidente Castelo Branco, 77 CEP 08820-460 Cézar de Sousa Mogi das Cruzes - SP
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Canada Office

1 Yonge Street Suite 1801 Toronto, Ontario M5E 1W7
Toronto
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Egypt Office

8 Khalid Ibn Al Waleed Street Sheraton, Heliopolis
Cairo
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Kuwait Office

Kuwait Free Trade Zone – Phase 1 Building 3, Floor 2, Office 28 P.O.BOX: 64585 Shuwaikh / B 70456
Shuwaikh
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Berytech Technological Pole Po-Box : 11-7503 Beirut 1107 2240
Beirut
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Morocco Office

17, place Abou Bakr Assedik Angle Fall Ould Oumer 10 000 Agdal Rabat
Agdal Rabat
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Telephone


Contact

Daniel Finlketaub
[email protected]
Back to all CGI announcements

LogicaCMG announces global availability of the LAPS high care payments system

17 May 2006

LogicaCMG today announces the global availability of the integrated LAPS High Care Payments system, part of the LogicaCMG All Payments Solution 1.0 (LAPS) from the 19th of May onwards. LAPS supports banks to safely and progressively transform their payments business. The functionality of existing legacy systems can then be gradually replaced and new functionality added. LAPS enables banks to move towards a flexible, component-based global payments architecture that will support their long term business direction.

Building on LogicaCMG's 30-year history in providing payments solutions to transform payments processes, LAPS High Care allows banks to:

- Increase straight through processing for international and urgent payments
- Reduce costs of payments through rationalisation of banking operations
- Progressively refresh and renovate their current patchwork of payment related systems
- Support regulatory compliance
- Improve time to market for new products and services that require payments functionality
- Support rationalisation of customer management, pricing and billing, risk management and other critical business functions

This gives banks the ability to generate revenues through the rapid introduction of new products and services, reduce cost of ownership, increase scalability and improve flexibility in the payments infrastructure.

Lode Snykers, managing director of LogicaCMG’s global financial services business, said: “LAPS High Care is focused on processing wholesale and international payments traditionally referred to as High Value payments. Our solution comprises several separate components including a business process manager, liquidity manager, business activity monitor and of course a core payments engine and STP facilities. Multiple safe and proven migration options are available to suit different customer preferences and to mitigate the risk of change. Customers achieve immediate benefits by applying an approach of progressive renovation to introduce new capabilities. The step-by-step (component by component) implementation is a significant innovation and helps to optimise the business performance of our customers. We worked closely with existing and potential clients to develop and deliver this solution.”

The LAPS solution ensures that banks can address the new realities of the payments business such as the creation of the Single Euro Payments Area (SEPA), US Patriot Act, new Fedwire and CHIPS protocol standards and the global trend towards settlement through central clearing institutions like the CLS Bank. It focuses on delivering the needs of commercial banks in transforming the economics of payments whilst protecting their existing investments in systems that focus on operational processes. LAPS High Care reflects LogicaCMG’s leadership position in the payments solution space and demonstrates the company’s continued commitment to providing the most innovative and flexible solutions to the global payments community.

The LAPS High Care solution has been developed by LogicaCMG incorporating technology from Dovetail Systems and Insider Technologies, leading exponents of component development. It forms part of a family of LogicaCMG All Payment Solutions including LAPS High Volume.