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Dexia selects Sterci for its new messaging infrastructure compliant to SEPA and Target 2

Sterci, the leading international software provider of STP solutions, today announced that Dexia Bank Belgium has selected its Stelink financial messaging platform to comply with SEPA and Target 2 requirements.

As the SEPA and Target 2 deadlines are looming ever closer, banks are shifting from a design phase to an implementation phase. In this context Dexia has decided to renew its messaging infrastructure to further enhance customer services. From one single flexible and scalable application, Stelink will provide all the necessary means to enable the Bank to take advantage of the new European payment Infrastructure.

Linda Schreurs head of team IT development for External Connections said:” After a deep market evaluation, we have selected Sterci for the architecture, flexibility and quality of their product and the professional approach of their team. Although SEPA and Target 2 were the two drivers for the selection of a tool, we will take this opportunity to re- evaluate and renew our gateway infrastructure We are very confident that the cooperation with Sterci will be successful and we will be ready for SEPA and T2 before the end of this year. In cooperation with IBM and Sterci, we already did performance testing and we got the assurance that Stelink can treat the high volumes we will have for SEPA.

Simon Kalfon, Chief Executive Officer of Sterci, said: “Pan-European regulations and new market initiatives have a major impact on payment messaging infrastructure. Stelink is a SEPA enabler as it includes the new XML payment instruments SCT and SDD compliant with the IPC rules book. Our Stelink product is the only certified product in the world that offers the full range of SWIFTNet services access (FIN, RMA, FileAct, InterAct, MT-MX support) from a single application.