Increased trading volumes demand automated system

ACE Software Solutions (www.acesw.com), provider of intelligent payment, AML and STP solutions for the financial sector, announced today the successful implementation of their payment processing platform PELICAN™ at Schroder’s London office.

Solution to enable bank to reduce payments processing from days to near-real time, while providing banks with greater visibility in cash flows and credit levels, and support for SEPA directive.