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Aqua Global unveils Aquila product suite

Source: Aqua Global

Aqua Global has been providing financial messaging solutions for over 35 years, specialising in straight through processing for payments as well as treasury and securities processing.

Aqua’s latest suite Aquila, has evolved from the successes of its e2gen suite however unlike e2gen, which was primarily IBM I based, Aquila is platform agnostic.

The suite provides messaging functionality for all of the SWIFT FIN and ISO 20022 messaging requirements, along with Account Reconciliations, Message Matching, Duplicate Detection and an ISO 20022 Translation tool.

All of the modules are incorporated into one integrated solution that eradicates the need for multiple servers and applications. These modules all co-exist within a single shared database and are delivered as a complete solution.

Nick Fernando Aqua Global’s Sales Director explained – ‘Banks globally are challenged by changes to local and international messaging standards that affect processing for automation, reconciliation and matching. All message standard changes are maintained as part of the service within Aquila which offers a secure, flexible, and low cost solution to provide a future proof framework for managing these processes effectively. Aquila requires minimal training and is available as a cloud native or on premise deployment.’

Aquila has already been successfully deployed in the UK and across Europe. Gavin Kirkman Aqua Global’s Business Development Manager shared the reasons behind the success– ‘Launching a product using the latest technologies has enabled us to create a solution that can be both deployment agnostic, and designed with the flexibility for its users to embrace upcoming industry changes. We want our customers to benefit from the upcoming industry changes such as ISO 20022 message adoption, without the requirement for upgrades or lengthy implementations.’

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