ACI Worldwide Achieves 2013 SWIFT Certified Application Accreditations
ACI Money Transfer System™ and ACI Global Trade Manager™ achieve SWIFT Certified Application accreditations for consecutive years
NAPLES, Fla.--(BUSINESS WIRE)-- ACI Worldwide (NAS: ACIW) , a leading international provider of payment systems, announced today that SWIFT has awarded the 2013 SWIFT Certified Application Payments label to ACI Money Transfer System™ for the sixteenth consecutive year.
The SWIFT accreditation for payments recognizes that Money Transfer System supports SWIFT's highest requirements for the processing of payments. ACI has also integrated the updated SWIFTRef directories within Money Transfer System - showing ACI's commitment to providing customers a smooth transition to the new directories.
In addition, ACI Global Trade Manager™ achieved the 2013 SWIFT CertifiedApplication Supply Chain Finance for the sixth year in a row. The label is granted to trade finance applications supporting SWIFT Trade Services Utility(TSU)messages and workflows. Global Trade Manager is designed and built according to TSU standards and is fully compliant with TSU Release and the SWIFT Bank Payment Obligation (BPO), enabling open account services. According to SWIFT, nearly 80% of global trade is now conducted using open account. Global Trade Manager offers financial institutions the ability to meet the high demand for open account services.
"ACI is an established partner in the SWIFT community. Adherence to the SWIFT Certified Application labels demonstrates an organization's compliance with the ongoing evolution of the marketplace. We are pleased to see the ongoing commitment from ACI Worldwide for both Payments and Supply Chain Finance," said Filip Versluys, head of partner marketing at SWIFT.
"ACI strives to offer superior solutions to its customers. The transaction banking business is evolving dynamically with a constant onslaught of regulation and new customer demands. ACI excels at balancing innovative product offerings while strictly maintaining compliance for new standards and compliance initiatives," said Jonathan Eber, director and product line manager at ACI Worldwide. "By achieving the 2013 accreditations, ACI continues to demonstrate its commitment to being the partner banks can trust to deliver ongoing excellence."
Money Transfer System is a functionally rich payments and SWIFT messaging solution that provides global processing capabilities. With interfaces directly to SWIFTNet services, as well as multiple real-time gross settlement (RTGS), low value and real-time networks across the globe - the system is a single, integrated solution for domestic and international processing, including the SEPA Credit Transfer and Direct Debit schemes. For more information on Money Transfer System please visit www.aciworldwide.com/moneytransfersystem.
Global Trade Manager is designed as an end-to-end system that processes all transaction types, both traditional trade and open account transactions, regardless if they are for the domestic or international markets. Corporate clients of the bank can access, enter and track their entire trade portfolio of traditional trade and open account transactions over the internet. For more information on Global Trade Manager, please visit www.aciworldwide.com/globaltrademanager.
About ACI Worldwide
ACI Worldwide powers electronic payments and banking for more than 2,600 financial institutions, retailers and processors around the world. ACI software enables $13 trillion in payments each day, processing transactions for more than 250 of the leading retailers globally and 18 of the world's 20 largest banks. Through our integrated suite of software products and hosted services, we deliver a broad range of solutions for payments processing; card and merchant management; online banking; mobile, branch and voice banking; fraud detection; trade finance; and electronic bill presentment and payment. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2013.
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