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ACE's PELICAN payment processing platform chosen by Schroders

Telecomworldwire, April 3, 2008

TELECOMWORLDWIRE-3 April 2008-ACE's PELICAN payment processing platform chosen by Schroders(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

ACE Software Solutions, a provider of payment, AML and STP solutions for the financial sector, has announced the successful implementation of its payment processing platform PELICAN at the London, UK, office of global asset management company Schroders.

According to the company, ACE's PELICAN has enabled Schroders to automate its payment processing. The inbuilt intelligence of the ACE system has helped the company to minimise exceptions and enable a more stream-lined process. This in turn enables resources to be more usefully deployed and greater volumes to be processed.

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The company's system is an efficient way of automating laborious tasks and enabling skilled resources to be deployed on payments operations that are more valuable to servicing client needs, ACE claims.

No financial details were disclosed.

((Comments on this story may be sent to tww.feedback@m2.com))

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COPYRIGHT 2008 Gale, Cengage Learning
 

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