Allevo's centralized transactions processing system deployed at Banca Romaneasca, Member of National Bank of Greece Group
Allevo and Banca Romaneasca, Member of National Bank of Greece
Group have successfully deployed qPayIntegrator
payments hub providing technical integration between different
business applications, data conversions to/from different formats,
messages routing, duplicate detection and investigation.
Banca Romaneasca uses qPayIntegrator
for the centralized processing of transactions exchanged between
their back-office and several market infrastructures systems,
enabling straight-through processing of the funds transfer.
Based on modern middleware technology for easy integration and
interfacing of technologically and functionally heterogeneous
platforms and systems, qPayIntegrator
acts as a gateway for the connection between banks and market
infrastructure systems, such as RTGS, ACH and GSRS.
Continuously preoccupied to provide its customers with solutions
fully aligned to market regulations, standards, and
infrastructures, Allevo has fulfilled the technical and functional
validation requested by SWIFT to certify its qPayIntegrator
solution as SWIFTReady application in the SEPA and Workers'
Remittances tracks.
"Using Allevo qPayIntegrator solution and teaming with
Allevo professionals enabled us to efficiently control the funds
transfer operations and ensure best protection of our
business" states Mrs. Crina Cosma, Banca Romaneasca COO.
"Besides the value added for the bank's processes and flows,
qPayIntegrator's functionality has facilitated the bank to provide
enhanced services and increased confidence for the ultimate
beneficiaries which are the bank's clients."
With a share capital of EUR 200 million and a network formed of
146 branches, Banca Romaneasca has 17 years of activity on the
Romanian banking market. In October 2003, the largest financial
group of South-Eastern Europe, National Bank of Greece (NBG),
bought the majority stake, holding at present 89,07% of its share
capital. NBG is the bank with most liquidity from the South-Eastern
Europe, being market leader in Greece from the deposits point of
view.
NBG is the oldest and largest financial group in Greece, founded
in 1841 and listed at the Athens Stock Exchange since 1880. Amongst
the representative companies under National Bank of Greece control
in Romania are: NBG Securities Romania, Garanta Insurance and NBG
Leasing.
"We know from experience that the technical integration of
different back-office business applications is critical to
delivering effective and truly client-centric operations, leading
to a wider coverage of the bank's targeted market", says Sorin
Guiman, CEO Allevo.