Sterci, the Geneva based software house, says that SWIFT has accredited its product Stematch with the SWIFTReady Gold Cash Reconciliation.
As Stematch had already renewed its SWIFTReady Gold status for Securities reconciliation, it now enjoys accreditation for Cash and Securities reconciliation.
The latest version of Stematch includes a new cash management module designed to facilitate the position keeping on nostro accounts. Stematch enables the treasury department to compare the payment forecasts with the real payments received. The forecast can be received from the back-office application or manually input into Stematch.
Stematch key customer references include Bank for International Settlements, Julius Baer, Swiss National Bank, BNP Paribas, EFG Bank Group, Bank MeesPierson.