Wallstreet Suite Gains Three SWIFTReady Certifications

The only system designed for the corporate treasury market to achieve three SWIFTReady labels, Wallstreet Suite can now offer corporate treasurers complete treasury and cash management functionality in one system with SWIFT integration - no third party software is required.  Once deals have been captured, all processes are fully automated, including sending of confirmations and matching via SWIFT Accord, release and issuing of payment instructions to the banks and reconciliation against bank statements the next day..  This improves operational efficiency and accuracy, reducing the risk of errors and enhancing straight-through processing.

"We are delighted to have achieved three SWIFTReady certifications this year, one more than in 2007," said Joergen Jensen, director of corporate solutions, Wall Street Systems.  "We have put great effort into making Wallstreet Suite as automated as possible.  It is our goal that all repetitive processes should be fully automated and our clients should only have to be concerned about exceptions. SWIFT connectivity plays an import role in reaching this goal."

Patrik Neutjens, head of partner management at SWIFT, said:  "Corporates are increasingly joining SWIFT to automate their treasury operations and the Accord service is helping corporates to maximise their STP levels.  Wall Street Systems has proven through the SWIFTReady for Corporates label qualifications that it has the know-how and operational excellence to work with corporates to achieve this by providing its customers with an automated feed of Accord matching results into their treasury applications."
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About Wallstreet

Wall Street Systems (Wallstreet) provides functionally rich, integrated and scalable solutions for improved workflow, control and overall productivity for corporate treasury, bank treasury, central banking, FX trading and global back office operations.  Wallstreet is the market leader in FX trade processing and through its award-winning products, including Wallstreet Suite, Wallstreet Treasury, Wallstreet FX and Wallstreet BackOffice, the company processes millions of transactions, aggregating to trillions of dollars, every day.

With a 20 year heritage, Wallstreet has an outstanding reputation for quality and responsive service, and prides itself on helping its clients achieve long lasting benefits and results.  Its 500 employees service over 300 banking, corporate and central bank clients, operating out of 12 offices worldwide.  The company is a privately held corporation, and is majority owned by Warburg Pincus, a global private equity investor.  For more information, please visit http://www.wallstreetsystems.com/.  For information in Japanese, please visit www.wallstreetsystems.com/japan/.

Press contacts

Jill Pearcy
Global PR and AR Manager
jill.pearcy@wallstreetsystems.com
+44 20 3170 3000

Natalie Shamshoum
Metia
natalie.shamshoum@metia.com
+44 20 3100 3655