Archives

Steria will present the following services:

• “SEPA”
How to prepare for the opportunities and challenges SEPA provides? How to transform existing payment infrastructures? How to be ready for European competition?
The new market conditions implied by SEPA will make bank react differently: banks can take a protective stance or choose an aggressive approach. Many intermediate strategies are also possible. The best answer will be highly specific to each bank, depending among other things on market share, core competencies, customer portfolio, investment priorities and strategic objectives.
Steria enjoys a unique position to help banks undergo these changes, due to its being a historic player in payment systems and its experience in the field of payment industry (central payment systems, high and low value connectivity, card processing, SWIFT connectivity).

• “Testing”
How to guarantee SEPA compliance in an industrial approach?
Steria’s SEPA Ready Solution ensures that the systems implemented conform to SEPA standards on the first due date of January 28, 2008. But this testing environment will also be used for the future upgrades of the SCT, SDD and Card Rules Books.
Steria’s testing controls correct operation of the SEPA application implemented in most functional contexts, in line with a tried and tested tool-based methodology.
After the acceptance testing, Steria certifies that all the SEPA standards non-conformities concerning the defined IS perimeter and the level of rules book version have been identified.

• “Cards”
How to implement the SEPA card framework and support value added services? How to adapt IT to new customers’ behaviour and to new mobile technologies?
The interoperability between card payment schemes requires new standards and protocols that will enable banks and any actor to choose the card brands that they want to include in their commercial proposal to their clients.
In this context, Steria accurately follows up the work of EPAS (Electronic Protocol Application Software) consortium in order to prepare for the integration of new European standards.
Steria’s consultants assist banks in focusing on new vectors of development. Consumer behaviours are changing and life styles are evolving towards greater mobility. The competition and the opening of the payment market should accelerate the emergence of new offers with banking and non-banking services, in particular: m-payment applications, contact less card, payment cards with debit and credit functions, the co-branding, with additional non-banking services provided by the banks’ partners.

• “Extending STP to Corporate”
How to deliver Bank-to-Corporate differentiation and end-to-end processing across the corporate financial lifecycle?
If the bank-to-bank relationship has been fully automated, the corporate-to-bank relationship remains an area of improvement. Steria’s expertise on bank-to-bank payment systems, systems connectivity, SWIFT standards and services, security and data transfer enables banks to deliver value to corporate customers.

• “Swift Solutions”
How to streamline exceptions and investigations processes, link corporates to SWIFT access and accelerate SEPA adoption through SWIFT defined standards?
Steria provides a whole support to banks in order to define how to implement the new requirements for SWIFTNet phase II, which security legacy to use and how to manage the new RMA (Remote Management Application) application. Steria is also one of the major SWIFT partners, as integrator of all SWIFT’s solutions. Having integrated the new infrastructure for SWIFTNet for many customers, Steria now adapts the SWIFT infrastructure for banks in order to be compliant with Target 2 requirements.

• “Cash Management”
How to provide a single view on liquidity, to integrate SWIFTNet Cash Reporting? What are liquidity impacts of Target 2 Securities and collateral management?
An efficient allocation of liquidity resources is one of the most important tasks demanded by a modern treasury management apart from ensuring general solvency.
Nostro-Cash-Manager was developed by Steria Mummert Consulting for efficient liquidity management. Large internationally operating banks have been trusting the functionality of Nostro-Cash-Manager for years. As a progressive and proven product, Nostro-Cash Manager boosts competitiveness of Steria’s clients through ideal work flow support.