STEMATCH was chosen among the principal market leaders via an international RFP. Prior to selecting and going into production with STEMATCH, KBL used two completely different reconciliation platforms.
FranÃ§ois Regnier, head of the matching control department in KBL explains: âWe chose STERCI not only because its solution meets our business requirements but also because it provides the most user-oriented solution and STERCI consultants provide significant reconciliation expertise. We are now congratulating ourselves on this decision as with just a few months of live production, we have increased productivity, quality and performance and improved risk management.â STEMATCHâs integration into the IT architecture of the bank was equally a proven success.
Etienne Savatier, STERCI international sales director, adds âWe are pleased with the successful implementation of STEMATCH in KBL, resulting from the fact that our product is one which is easy to configure and intuitive to use. The collaboration between the KBL teams and our product experts was exemplary. This success has allowed us to envisage product extensions towards other functionalities such as Forex reconciliation, the monitoring of securities payment delivery and treasury management.â