CheckFree Announces Agreement to Provide Real Time Reconciliation for Cable & Wireless Real Time Nostro Data Feed.
PR Newswire Europe, October, 2004
ATLANTA and LONDON, October 11 /PRNewswire/ -- CheckFree Software, a division of CheckFree (Nasdaq: CKFR), today announced an agreement with Cable & Wireless, the international communications group, to support its Real Time Nostro (RTN) service. This collaboration will enable users of CheckFree cash and securities reconciliation solutions, such as CheckFree Frontier(TM),to reconcile nostro account data in real time using the Cable & Wireless Real Time Nostro service, helping member banks to reconcile their currency positions in real time, reducing liquidity risk and improving operational efficiencies.
Steve Engdahl, vice president of product management, CheckFree Software explains: "The Cable & Wireless RTN data service will give our customers real time...
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