Unigestion on board SWIFT through Sterci Service Bureau

Vienna, Austria - 15 September 2008

Sterci, the leading international software provider of STP solutions, today announced that Unigestion is live on SWIFT through its Service Bureau.

Unigestion is a privately owned asset management company managing assets for institutional clients and high net worth families. Unigestion has decided to connect to SWIFT upon the request of its Equity Department in order to automatise securities settlement transaction with its custodians and to reduce operational risks.

The selected solution is based on Sterci Service Bureau for an indirect SWIFT connectivity and the STEFORM Sterci product for full integration with middle-office application.

Anthony Payot IT and Logistic Managing Director at Unigestion says “We have selected Sterci for their SWIFT expertise together with the rich functionalities of their software products. One key issue for us was the integration with our back end applications and to find a partner that closely help us in the SWIFT on boarding process”.

David Benarroch Sales Director of Sterci says « We are happy to facilitate the SWIFT on boarding for Unigestion. Our SWIFT Service Bureau value proposal is particularly adapted to new SWIFT members as we provide a full package assistance for administrative work as well as test. In the other hand our STEFORM product can translate internal formats into SWIFT messaging standards to ensure STP. With Unigestion it is the fith new customers we bring to SWIFT via our Sterci Service Bureau.

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