Welcome!

News Feed Item

NTT DATA Getronics and C24 Technologies Form an OEM Alliance for Global Financial Standards Messaging

NTT DATA Getronics Corporation, a leading payments and ICT provider, and C24 Technologies, a leader in financial services messaging and integration solutions, today announced a strategic OEM alliance to make C24 Integration Objects (C24-iO) an add-on component to the NTT DATA Getronics’ financial message broker. Recent regulations including the requirement to support the latest global standards in financial communications have led to a mandate for financial firms worldwide to update their banking and settlement platforms.

Modernising transaction banking systems with improved global standards interoperability also provides a way to increase straight-through processing (STP) rates and reduce the cost per transaction. Global standards, such as ISO 20022, provide a common language for people and computers to exchange financial information, leading to greater interoperability and less ambiguity in a financial communication. By enhancing the broker with C24 Integration Objects, banks will be able to efficiently send and receive a complete set of up-to-date global standards-compliant messages, and easily migrate from proprietary-based domestic message formats.

The new solution will allow NTT DATA Getronics’ customers to easily comply with global standards market infrastructure requirements. Data integration implementation time is estimated to be reduced by approximately 50% using C24’s pre-built and maintained standards libraries and model-driven development tools in the broker.

In Japan, the global ISO 20022 message standard will be supported in financial communications by the Japan Securities Depository Center (JASDEC) in January 2014 and the new BOJ-NET in FY2015. NTT DATA Getronics has already started constructing the solution to cope with the XML messages (ISO 20022 included) which will be adopted by the new BOJ-NET.

C24 Integration Objects is a data modelling, meta-data management, transformation and messaging integration toolkit with in-depth support for over 40 industry standards. Initial support in the NTT DATA Getronics’ financial message broker will be provided for ISO 20022 messages followed by support for SWIFT, FIX and FpML messages in the near future.

The NTT DATA Getronics’ financial message broker offers all the features needed to support global transaction banking operations. Financial Message Broker Business Service, ESB Service and GUI Service will include C24-iO as an optional format conversion engine component. In addition to support for ISO 20022, SWIFT, FIX and FpML message types, the messaging capabilities are enhanced to support thousands of validation rules to ensure message validity, and the impact of financial standards changes is minimized with timely product updates.

“We are very pleased to establish a business relationship with C24 Technologies, a recognized leader in financial messaging solutions,” said Masashi Yanaka, Executive Vice President and Director, NTT DATA Getronics. “By enhancing our financial message broker with C24 Technologies, we will provide our customers the best solutions to strengthen their global settlement service and transaction business.”

“Improving data interoperability and STP rates translates into faster innovation and superior service,” said Wayne Meikle, Commercial Director, C24 Technologies. “We are extremely pleased to partner with NTT DATA Getronics and provide their customers with best-in-class financial standards messaging.”

About NTT DATA Getronics Corporation

NTT DATA Getronics, a subsidiary of NTT DATA, offers IT solutions to financial institutions and corporations, provides specialized expertise as SWIFT Certified Specialists in Alliance Gateway and Alliance Access, and is a CLS Registered Plus vendor. With more than 50 years of engagement in the financial IT sector, NTT DATA Getronics provides a comprehensive range of professional services, including business & IT consulting, procurement, system integration, package implementation, application development, maintenance and technical support.

About C24 Technologies

C24 Technologies is a software company specialising in financial services messaging and integration solutions. Companies worldwide significantly decrease the time and costs for integrating financial standards and systems using C24’s data interoperability tools and pre-built standards libraries. Comprehensive support is provided for over 40 industry standards including SWIFT MT-MX, ISO 20022, FpML, FIX and SEPA. For more information or to download a free version of C24 Integration Objects visit www.c24.biz or email [email protected].

Follow C24 on Twitter: @C24io

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
StarNet Communications Corp has announced the addition of three Secure Remote Desktop modules to its flagship X-Win32 PC X server. The new modules enable X-Win32 to safely tunnel the remote desktops from Linux and Unix servers to the user’s PC over encrypted SSH. Traditionally, users of PC X servers deploy the XDMCP protocol to display remote desktop environments such as the Gnome and KDE desktops on Linux servers and the CDE environment on Solaris Unix machines. XDMCP is used primarily on comp...
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...