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Banque Cantonale de Fribourg is using Sterci Service Bureau for its payment transaction processing

Banque Cantonale de Fribourg (BCF) is using Sterci Service Bureau for its payment transaction processing since May 2012. The Sterci Service Bureau enables BCF to access the SWIFT network for its international payments as well as the Swiss Interbank clearing system SIX for its domestic transactions.

Christian Meixenberger, Director at Banque Cantonale de Fribourg says: “It was necessary for the BCF to migrate on GTExchange from Sterci before 2013 because the system used previously was no longer supported. We are very pleased with how Sterci led this project within the cost and time. The product and the thin client user interface of GTExchange are highly appreciated by users.”

Werner Klaus, Account manager at Sterci adds “We thank BCF for agreeing to be a pilot site of Romandes Cantonal Banks migrating to our Service Bureau. This project allowed us to optimize the connection with the banking application Finnova for sending and receiving payments in STP mode.”

The Sterci Service Bureau is a private cloud based outsourcing solution that allows customers to reduce infrastructure costs for accessing the various interbank networks such as SWIFT, SIX SIC, SIX EuroSIC, SIX Secom. Specially designed for high volume, the Sterci solution is based on our experience of more than 25 years in this domain and is compliant with regulation and standards from SWIFT, FINMA, and ISAE 3402. Beyond its network connectivity, the Service Bureau provides added value solutions for format transformation, reconciliation, and data management. The Service Bureau is based on Sterci’s Software: GTExchange for financial messaging, GTFrame for business flows intergation, GTMatch for reconciliation, and GTData for market data management.