STERCI opens Toronto office

Sterci, an international leader in the development of SOA solutions for STP, today announced the opening of Sterci Canada Inc. based in Toronto. The opening of this new subsidiary underlines Sterci’s strategy to become a global player for the financial community following the launch of the Singapore Office in 2010 and the acquisition of the majority stake of Simplex Consulting in the UK in 2011. With the launch of a north American based office, Sterci now operates on four continents.

Strengthened by a global presence, Sterci is now in a position to sell, implement, operate and support its suite of market leading solutions worldwide. Sterci’s Global Transaction Platform brings competitive advantage with the provision of innovative and reduced Total Cost of Ownership (TCO) solutions in the areas of SWIFT connectivity & multi-networks messaging, financial EAI, data management and enterprise wide reconciliation. These solutions apply to Banks, Financial Institutions, Corporates and the Securities Industry.

Based upon 25 years experience in the messaging environment, the Sterci offer has a proven track record as market leader in the replacement of legacy financial messaging systems comprising both end of support systems and mainframe based SWIFT interfaces. The advanced products and solutions provided by Sterci combined with a dedicated substitution methodology and a pool of experts has allowed Sterci to replace approximately 25 legacy systems in the past 5 years. Sterci solutions have driven down TCO while providing flexibility for new XML or file based solutions for our customers.

Sterci Chief Executive Simon Kalfon states, “the settlement of Sterci in Toronto is key in the Sterci international strategy. This will help us to better serve our North American customers and provide 24 hours service desk support to European customers. “

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