Bankrec wins SwiftReady Gold label

Bankrec wins SwiftReady Gold label

The latest version of Bankrec, the enterprise-wide reconciliation and exception management solution from Accurate Software, has been awarded the SwiftReady Gold Label.

Specifically designed for the banking, asset management and stock broking industries, the new version has improved functionality to accommodate an escalation in trading volumes and a shortening of trade cycles.

Patrik Neutjens, partner solutions senior manager, Swift says: "With Gold accreditation, users can be confident that Bankrec not only satisfies a published set of Swift-compliance criteria as necessary for current business, but also proactively anticipates their future requirements for SWIFT messaging in securities reconciliation."

In addition to support for existing SWIFT message types, Bankrec was tested with the new securities messages including 'Delta' statements showing changed positions since previous statements.

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