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Banque Colbert Luxembourg live with Sterci's Stematch

07 October 2004  |  3896 views  |  0 global_5

Banque Colbert Luxembourg has gone live with Geneva-based Sterci's reconciliation and exceptions management product, Stematch.

The bank, which is a subsidiary of financial services group Achmea, is using Stematch to manage its payment and securities reconciliations. The matching engine is also being used to validate investment fund subscriptions.

Sterci says more than 10 banks in Luxembourg are now using its Stematch system.

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