Allied Irish Bank Dublin (AIB) goes live with Eurobase’s Siena Rate Manager and Siena Gateway

16 July 2008

Leading e-trading solutions provider Eurobase International is pleased to report that AIB has gone live with its new FX Rate Gateway, consisting of Siena’s Rate Manager and Gateway products. The new AIB FX Rate Hub delivers FX rates to AIB’s retail banking division and other head office departments. The Siena Rate Manager subscribes to rate feeds and cleanses check rates for robust and accurate pricing. The Siena Gateway also provides connectivity to AIB’s internal systems and messaging network, enabling it to integrate and harmonise foreign exchange margin pricing across its key strategic business units using the full benefits of a centrally managed rate hub.

An AIB spokesperson said: “We are delighted with the solution implemented by Eurobase. The reliability and inherent accuracy of the prices from the FX Rate Gateway provided by Eurobase to our retail outlets ensures that AIB provides a state-of-the art solution to our customers, who can be assured of the highest levels of customer service.”

Joe Locke, Operations Director at Eurobase Banking Solutions, comments: “We are extremely pleased to have been given the opportunity to work with AIB and to deliver a solution which meets its FX rate distribution requirements. Our reputation for delivery remains paramount and this implementation is another successful milestone for Eurobase.”

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