BPC Banking Technologies, the leading provider of Open System e-payment solutions for the global financial industry, announces today a significant milestone for all users of legacy payment applications on the HP Integrity NonStop platform.
With the successful completion of the migration project at Payment Exchange International (PeX), Mauritius, not only does PeX gain the combined benefits of SmartVista and HP NonStop but all HP NonStop users in the payments marketplace can take advantage of this unique combination. PeX is the first of several replacement projects on HP NonStop and with this go-live continues their ground-breaking strategy.
Due to the close partnership between BPC and HP, this combination of advanced payment software on mission critical HP NonStop servers enables organizations to rapidly launch new products to meet changing customer needs, while reducing time to market and dramatically reducing total cost of ownership. Thus, financial companies world-wide have an opportunity to transform their payment businesses with SmartVista while retaining their investment in their existing NonStop infrastructure.
PeX operates a Level 4 data centre and full card personalization centre in Cybercity, Mauritius and has established a reputation as a world-class and innovative payments service provider in the Middle East, Africa and Asia Pacific. The Company's clients are mid-size and small banks and merchants. PeX supports their processing, e-commerce and m-commerce acquiring. In addition, PeX issues Visa, and MasterCard card products, runs ATM and POS-terminal networks, supports prepaid and debit cards.
Previously relying on a range of separate solutions, including some that had been placed into "end-of-life / sunset" mode by their vendors, PeX suffered from high cost of ownership, difficult day-to-day support and long lead-times in launching new products. The SmartVista suite was chosen for its market-proven flexibility and scalability, enabling the Company to take control over its payment infrastructure, providing an enhanced functionality, significantly reducing time to market when launching new products. BPC Banking Technologies supports PeX's entire payments business including card issuing, processing and acquiring, the control and launch of new channels and transaction flows to and from all the clients. BPC also provided a new ATM monitoring tool specifically for the HP NonStop platform.
"It was important for us to preserve our significant investment in HP NonStop technology. We launched an extensive investigation into available applications on NonStop that could meet our broad functionality requirements. After an evaluation of all the main players in the market, it is clear that SmartVista is the only solution that can support our full business, both today and as we grow in the future. SmartVista has a unique combination of comprehensive functionality, unrivalled flexibility and proven ability to support extremely high volumes. " said Mr Sailesh Sewpaul, Group Chief Executive Officer at PeX.
"We are proud to be a key technology partner to PeX in this pioneering project, which is a significant milestone for us. Across the world, our customers have transformed their businesses with SmartVista, and we are delighted to bring these benefits to the HP NonStop community around the globe, many of whom are evaluating their software application alternatives to legacy systems," added Mr Daryl Berg, Managing Director of BPC Banking Technologies in Africa.
"At HP, our objective is to deliver the best solutions to our customers. To achieve this we seek out the best companies to partner with. BPC Banking Technologies is a market leader and the SmartVista suite of end to end e-payment applications perfectly complements the benefits that the HP NonStop platform delivers. HP NonStop Technology provides our customers the highest "Application" Availability in the market place. With our "Real-Time" NonStop Computing Technology we are honored to help PeX to achieve its ambitious business goals and we are certain that the combination of BPC and HP will help make this happen." noted Alexander Boss, Business Development Manager Financial Markets, Europe Middle East & Africa from HP.