Source: SMA Software and Consulting
Liberata plc, one of the UK's leading business process outsourcing (BPO) providers, has announced that its Financial Services division will be connecting to SMA Software and Consulting's Service Bureau to handle all its payments and securities messages.
Liberata, which has just become FSA regulated, will be joining SWIFT as a full member. The SMA implementation will begin at the end of September, with a projected go-live on the SWIFT FIN cutover date of 4th December 2005.
Ben Finch, Senior Project Analyst at Liberata plc, says: "SMA - with its proven track record of assisting companies such as ourselves with SWIFT specific services and products - was the obvious choice to assist us in this process. We look forward to working together as a team on this exciting project which will enable us to reduce operational risk and improve our overall STP rates."