SWIFTReady accreditation for Tieto's payment solution

SWIFTReady accreditation for Tieto's payment solution

ID: 5544

(Thomson Reuters ONE) - Tieto Corporation Press Release 7 September 2009 at 11.00 am EETTieto has obtained the SWIFTReady Payments 2009 label for its PaymentSuite. The accreditation is proof of Tieto's capability to provideSWIFT-compliant solutions. This SWIFTReady label awarded by SWIFTconfirms Tieto's standing as a vendor with a long track record insupplying high quality payment products.Tieto's Payment Suite assists banks in establishing integratedpayment architecture for domestic, SEPA and cross border payments.Its Payment Engine enables banks to reduce costs and improve straightthrough processing (STP) through efficient and flexible back-officeoperations. The Payment Manager also enables banks to establishmiddle-office capabilities for enhanced corporate customerexperiences and increased revenues.The success of Tieto in meeting the increasingly demanding standardsset by SWIFT highlights its continuing commitment to provideSWIFT-compliant solutions to the financial services industry.Dagfinn Loen, Sales Director, Corporate Banking at Tieto, comments:"Obtaining the SWIFTReady Payments label underscores Tieto'scommitment to delivering state-of-the-art payment solutions that havethe agility to meet changing business and operational demands. Wehave a highly flexible solution that can be configured to meet thecommercial and operational requirements of a demanding paymentmarket. In this context, supporting the SWIFT initiatives and thestringent certification process is a key factor in addressing theneeds of our clients."SWIFT initiated the SWIFTReady Label programme over 10 years ago tomaintain the highest standards for third party applications andservice providers. Each solution has to go through a stringentcertification process and pass rigorous tests and checks in order togain accreditation.Tieto is the leading European provider of payment and payment-relatedsolutions. Tieto's payment solutions offer a highly competitive,modern and proven suite of payment applications to meet therequirements of banks for efficient, automated, straight throughpayment processing.For further information please contact:Dagfinn Loen, Sales Director, Tieto Financial Services, +47 21707814,dagfinn.loen(at)tieto.comTIETO CORPORATIONDISTRIBUTIONPrincipal mediaTieto is an IT service company providing IT, R&D and consultingservices. With approximately 16 000 experts, we are among the leadingIT service companies in Northern Europe and the global leader inselected segments. We specialize in areas where we have the deepestunderstanding of our customers' businesses and needs. Our superiorcustomer centricity and Nordic expertise set us apart from ourcompetitors.www.tieto.comSWIFT is a member-owned cooperative that provides the communicationsplatform, products and services to connect over 8,500 bankingorganisations, securities institutions and corporate customers inmore than 200 countries. SWIFT enables its users to exchangeautomated, standardised financial information securely and reliably,thereby lowering costs, reducing operational risk and eliminatingoperational inefficiencies. SWIFT also brings the financial communitytogether to work collaboratively to shape market practice, definestandards and debate issues of mutual interest.www.swift.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 07.09.2009 - 10:01 Uhr
Sprache: Deutsch
News-ID 5544
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