21 August 2017
Find out more

Verwaltungs- und Privat-Bank selects SunGard's Mint for move to SwiftNet

16 February 2004  |  3450 views  |  0 Verwaltungs- und Privat-Bank selects SunGard's Mint for move to SwiftNet

Liechtenstein's Verwaltungs- und Privat-Bank AG (VP Bank) is installing SunGard Business Integration's Mint system to consolidate its financial messaging operations and manage its migration to the SwiftNet IP network.

The Mint platform will also be used to manage the bank's migration to the Finance IPNet network, which is being introduced by Swiss clearing systems SIC, euroSIC and SECOM.

All told, Mint will replace four separate financial messaging gateways in use at the bank.

Gerhard Häring, chief group information officer, VP Bank, says the bank was looking for one single system to consolidate its existing fragmented messaging environment and reduce costs.

"It was also crucial for us to find a reliable and proven solution that was scalable and ready for the coming changes with SwiftNet and Finance IPNet for the Swiss Clearing systems. Increasing our operational efficiency and overall STP rates were other important selection criteria," he adds.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Swisscom selects SunGard for move to SwiftNet IP network

Swisscom selects SunGard for move to SwiftNet IP network

08 January 2004  |  4580 views  |  0 comments
KBC Bank selects SunGard for move to SwiftNet Fin

KBC Bank selects SunGard for move to SwiftNet Fin

04 September 2003  |  4743 views  |  0 comments
Fibi Bank implements SunGard's Mint to manage move to SwiftNet Fin

Fibi Bank implements SunGard's Mint to manage move to SwiftNet Fin

07 May 2003  |  4144 views  |  0 comments
DZ Bank selects SunGard's Mint for SwiftNet FIN migration

DZ Bank selects SunGard's Mint for SwiftNet FIN migration

28 April 2003  |  4778 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.vasco.comvisit www.niceactimize.com

Who is commenting?

A Finextra member Finextra Member Commented on: Real-time payments in...
A Finextra member Finextra Member Commented on: Barclays uses sensors...

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
11603 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
9901 views comments | 22 tweets | 31 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9693 views 0 | 5 tweets | 1 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9399 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
9365 views comments | 10 tweets | 8 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job