Sterci offers CCI connectivity via SWIFTNetService bureau offers low-cost connectivity to Euroclear’s Single PlatformPublished on 19 September 2008 | Left to right: Raffaele Esposito, Senior Account Director, Central Eastern Europe, SWIFT. Etienne Savatier, Marketing & International Sales, Sterci SA. David Benarroch, Sales Manager, Sterci SA. Thomas Redelberger, Senior Manager, Securities Markets, EMEA, SWIFT | |
Financial software company Sterci, which runs a SWIFT service bureau, is to offer its clients connectivity to Euroclear’s Common Communication Interface (CCI) though SWIFTNet.
CCI is the entry-point into Euroclear’s Single Platform, which consolidates and harmonises settlement and custody services across all markets where Euroclear is active.
Sterci clients will be able to connect through SWIFTNet without the need for any SWIFT additional infrastructure. “A growing number of customers want to connect to the Euroclear CCI,” says Etienne Savatier, marketing & international sales, Sterci. “The idea is to offer clients low cost connectivity. We are proposing a solution with no infrastructure cost.”
Savatier points out that a number of Sterci’s customers are still using Euclid, Euroclear’s old connectivity gateway, which is being phased out with the introduction of CCI and the Single Platform, and so are looking to migrate to SWIFTNet.
“Offering CCI via SWIFTNet reinforces our relationship with our clients, and also with SWIFT,” he adds.
|
