INCENTAGE improves BHF-BANK’s access to SWIFT

Bank sees Alliance Access as a future gateway

Published on 18 September 2008
Left to right: Felix Huber, CEO, Incentage AG. Andreas Schneider, VP Paments, BHF-Bank AG. Roberto Olivieri, Vice President, Incentage AG. Jürgen P Frank, CIO/COO, BHF Bank. Reinhard Zelger, Director, BHF Bank. Dr Tomas Redelberger, Senior Manager, Securities Markets, SWIFT
 
BHF-BANK has signed up INCENTAGE’s Middleware Suite (IMS) and Process Cockpit (IPC). The bank plans to use the systems to integrate both its internal and external message flows.

As well as handling internal message flows, BHF-BANK will also use IMS as a SWIFTNet orchestration platform. This will give the bank the ability to register for any FIN ISO 20022 InterAct or FileAct service with very short times to market.

BHF-BANK decided to integrate message handling and monitoring activities with INCENTAGE’s solutions in the first half of June 2008. INCENTAGE’s corporate actions solution for FIN messages was implemented in three weeks and has been in production since early July. The full range of integration solutions will be operational in February 2009. BHF-BANK envisions SWIFT’s Alliance Access as a future SWIFT gateway.

“We were impressed how quickly INCENTAGE integrated its corporate actions solution for FIN messages – the solution went live within three weeks,” says Jürgen Paul Frank, MD, BHF-BANK. “In the evaluation process we also found that INCENTAGE solutions provide flexibility for our message handling activities.”

He adds, “We believe this point is a critical factor for the future success of BHF-BANK’s activities and for the replacement of our aging FIN platform.”