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CAD IT and SwissRisk sign for reconciliations and investigations

28 October 2010  |  4846 views  |  0 Source: SwissRisk

SWISSRISK Financial Systems GmbH and CAD IT S.p.A., two market leading international software providers for the financial industry have signed a Letter of Intent with the purpose to expand their business in the reconciliation and investigations area.

The aim of this cooperation is an extension of the existing product portfolio and further improvement of the overall services provided to the financial industry and existing customers.

With "EasyMatch" clients benefit from the most modern platform available for matching and reconciliations. It is reasonably priced, features huge scalability and performance and is able to support customers of any size. SWISSRISK's application "FinTRACE" is the market leading solution for enterprise-wide handling of exceptions and investigations, offering a wide variety of features and highest scalability. An integration of both products delivers a solution which allows customers of any size to achieve quick Return on Investments (RoI) and to benefit from reduced operational risks and costs, whilst significantly increasing efficiency and overall services offered to the end-customers within a more and more demanding business environment.

"The success achieved with high standing clients such as Xchanging and Commerzbank thanks to EasyMatch is a proof of the added value that our application can provide to Financial Institutions. The partnership with SWISSRISK represents a complementary opportunity that will allow us to grow together on the international market achieving strategic goals" comments Paolo dal Cortivo, CEO of CAD IT.

"Recent discussions with clients have proven significant market opportunities. We see a lot of business potential and a perfect fit of both solutions EasyMatch and FinTRACE. We are looking forward to present EasyMatch to our clients because we strongly believe that both products are hard to beat." adds Georg Sauberer, Area Manager Financial Messaging & Workflow for SWISSRISK Financial Systems.

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