ACE Software Scoops Five SWIFT Gold Labels Showing Complete Breadth in Intelligent Messaging Solutions for Banking

London - 18 September, 2006

ACE Software Solutions, provider of fully integrated Straight Through Processing (STP) enabled payments and transaction processing solutions for the banking sector, has been awarded a wide array of SWIFT Gold Label endorsements in 2006 demonstrating that the company is a class apart in the range of intelligent messaging solutions it offers the banking community.

SWIFT has awarded ACE Software Solutions Gold Label partner status for seven years, highlighting ACE's experience in financial transaction processing for more than a decade. With five Gold Labels, ACE is alone in having accredited solutions that span the whole domain of networking, communications, standards, interfacing and value added message processing via SWIFT protocols.

"A number of companies operate in various financial messaging arenas and may have one or two accreditations, but ACE's SWIFT Gold Labels demonstrate the complete breadth of our product range, and our complete understanding of the messaging environment using SWIFT," said ACE Software Solutions CEO Parth Desai. "Banks can be confident that we can help them respond to the major changes to bank messaging through initiatives such as the Single European Payments Area (SEPA), TARGET2 and other global requirements in a fully standard-compliant manner."

ACE has been awarded SWIFTReady Gold status for Intelligent Messaging six years running, Financial Enterprise Application Integration for the fourth year, SWIFTAlliance Developers Toolkit (ADK) Plug-in for three years, SWIFTNet Ready for the second year, for Real Time Account Information for Users and Providers.

"ACE has established itself as a reliable partner to SWIFT, helping our customers to increase their STP and streamline their payments chain, and," said Eric Meirlaen, EAI Industry Analyst, SWIFT. "In achieving our highest level of certification, ACE has proactively demonstrated its ability to meet the latest standards offered by SWIFT. We appreciate the speed and efficiency in which they've been able to help financial services institutions enact these standards."

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