ACE Software Solutions, a provider of intelligent payment and STP applications for the financial sector, has announced that specific industry based applications of its PELICAN product are available, alongside other complementary standalone modules and toolkits, providing comprehensive applications for payments, STP, SWIFT connectivity and SEPA compliance needs.
ACE’s PELICAN framework – based on SWIFTReady Gold accredited technologies, is now the core technology for the three new applications, specifically designed to address the market needs of different customer groups. These are PELICAN for SEPA, PELICAN for Corporates and PELICAN for SWIFTNet.
“The pace of change in the financial industry is increasing,” says ACE Software CEO Parth Desai. “New initiatives by regulatory bodies and SWIFT have created a set of market conditions that pose significant payment processing challenges and opportunities to financial institutions and corporates.”
“We have listened carefully to our customers and a common issue is that companies are looking for solutions that can be implemented quickly,” continues Desai. “Each of the ACE solutions has been designed accordingly, poses low project risk and generates rapid benefits whilst providing the flexibility to cope with any future change in circumstances.”