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Under the terms of the agreement, Sterci will resell Systar’s Financial Message Monitoring solution, based on Systar’s BusinessBridge Business Activity Monitoring (BAM) platform, to banking and financial services clients worldwide. Sterci will also develop a BusinessBridge Center of Excellence and deliver implementation and support services for Systar software.
Systar’s Financial Message Monitoring solution delivers the holistic, real-time business performance insight required to anticipate and resolve potential issues, such as missed cut-offs, acknowledgment delays, and customer SLA risk, before they impact the financial institution and its clients.
“We are excited about this new relationship with Sterci,” said Gilles Leflambe, Systar’s Head of Sales (FSI). “Financial institutions are asking for truly proactive, end-to-end management of their financial messaging. By integrating Systar’s real-time Financial Message Monitoring with its industry-leading STP product suite, Sterci will be able to meet this demand with the most comprehensive solution available.”
“Our customers want to better manage their transaction risks both in payments and securities. The business users require enhanced visibility and control of their transaction chain involving multiple products,” said Simon Kalfon, CEO of Sterci. “With this promising Systar partnership, we will create a Business Activity Monitoring competence center and be uniquely positioned to answer new market needs.”