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Schroders choose ACE's PELICAN as cost effective solution for payment processing; Increased trading volumes demand automated system.
0 Comments | M2 Presswire, April, 2008
M2 PRESSWIRE-2 April 2008-ACE Software Solutions: Schroders choose ACE's PELICAN as cost effective solution for payment processing; Increased trading volumes demand automated system(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:02042008
London and New York -- ACE Software Solutions, provider of intelligent payment, AML and STP solutions for the financial sector, announced today the successful implementation of their payment processing platform PELICAN(tm) at Schroder's London office.
Schroders have seen a significant increase in their activities during 2007, particularly in the area of derivatives trading, which placed their previous system of handling payment processing under pressure. Many of the payment instructions were unique and this had...
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