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CMA receives SwiftNet Ready Nostro account information provider label

24 July 2006  |  1625 views  |  0 Source: CMA

Swedish payment system solutions provider and system integrator CMA today announced that its SNG/X - SWIFTNet connectivity gateway software solution for Real-Time Cash Reporting and Liquidity Management has been certified with SwiftNet Ready Nostro Account Information Provider label for 2006.

CMA's SNG/X solution realizes core set of functions dealing with Swift InterAct message exchange and processing as well as application integration facilities. Real-time account information supplies financial institutions with accurate date about their liquidity positions. Real-Time Cash Reporting is one of the XML-based and interactive services available SWIFTNet – the new IP messaging platform. SWIFTNet Real-Time Account Information solution addresses the needs for banks at domestic level and between their correspondent, to exchange real-time information on cash held in the various accounts.

"CMA is very proud to receive this certification and we are glad to offer our customers more value by providing access to real-time information in secure and standardized way," comments Mr. Alexey Nazarov, Managing Director, CMA Smalls Systems AB.

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