Axway to unveil upgraded Financial Exchange at EBADay

Axway, the Business Interaction Networks company, will exclusively unveil the latest version of Axway Financial Exchange, its financial and payment flow consolidation platform at EBAdays 2011 in Madrid, Spain on June 15th and 16th, booth N° 31.

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The latest version of Axway Financial Exchange is SWIFT7-compatible, and provides companies and financial institutions with a unique processing architecture. Axway Financial Exchange has the flexibility and responsiveness necessary to address complex technical requirements and international standards and regulations, including SWIFT, EBICS, ISO 20022 or SEPA, which significantly reduces their associated costs.

STET (Systèmes Technologiques d'Echange et de Traitement), the largest automated clearing house in Europe, manages over 13 billion financial operations per year. The company uses Axway solutions to secure and facilitate its exchanges within its community, and to manage communications via SWIFTNet.

"We chose to roll out Axway's solution, in order to build a high-performance system, based on one of the most advanced technological components available on the market, to support our growth. Axway Financial Exchange provided the flexibility necessary in the face of the current diversity of payment means," states Rodolphe Meyer, Chief Information Officer at STET.

The latest version integrates an electronic signature book, which reinforces the control, security and dematerialization of corporate payment. Axway Financial Exchange also provides:

- End-to-end monitoring of financial flows, offering more visibility and support for companies and financial institutions, support and guarantee of compliance during migration to the SEPA (Single Euro Payment Area)
- Easier migration to SWIFT 7
- Electronic processing of bank documents for payments instructions
- Automation and security of corporate payment processes on the French market, as a result of the extension of the EBICS TS protocol

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