FIRST DATA APPOINTS NIMBUS SYSTEMS

05 April 2005
FIRST DATA APPOINTS NIMBUS SYSTEMS

-Stratus supports leading financial services transaction infrastructure company -

First Data, the world’s leading transaction credit and loyalty card infrastructure company, has selected the Stratus billing solution from Nimbus Systems to support its Spanish operations. The future-proof Stratus platform enables First Data Iberica to fully automate deals of any complexity, providing greatly improved customer service. First Data selected Stratus to meet all of its billing and settlement requirements, and full roll-out will be finalised by Summer 2005.

First Data is a leading driver in e-business, making commerce more secure, efficient and convenient. The company settles all credit card transactions and provides the infrastructure for any card – whether VISA, Amex and Mastercard credit, loyalty or pre-paid.

Nimbus Systems’ Stratus is a real-time convergent rating and billing platform designed to handle the demands of any customer or partner. First Data is using Stratus to simplify its credit and loyalty card billing, settlement with merchants, and invoicing of customers who utilise First Data’s white-label transaction infrastructure (including petrol stations, large supermarket chains and charities)

Alfonso Unzurrunzaga, IT director at First Data Iberica, said: "We were looking for a single system to manage all of our many requirements. Stratus seamlessly offered us the flexibility to manage our most complex and personalised billing and settlement contracts with ease. First Data is growing phenomenally and we needed a future-proof system that would scale with our business, capable of fast implementation times."

Tom Uhart, co-founder and managing partner of Nimbus Systems, said: "We’re delighted that First Data Iberica is utilising our Stratus solution to simplify and automate its complex client transations. This is a flagship expansion for Nimbus Systems in the financial services sector and we hope to develop our relationship with First Data, and our overall client base in this sector."

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