| EuroNetting is a leading global supplier of multilateral netting systems, used by the international treasury departments of large and small companies worldwide to manage their intercompany and third party cashflows in multiple currencies. | Over 100 companies, including some of the largest and best-known corporations and banks in the world, have licensed netting systems developed by EuroNetting since the release of our first system in 1994, making EuroNetting the most widely-used netting system available. |
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log on Log on to EuroNetting |
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what is netting? See how netting works |
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savings from netting Estimate the benefits of netting |
| News |
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October 2008: Visit EuroNetting at the 2008 AFP conference, Los Angeles, October 19-22 Please drop by the AIB International Financial Services booth #109 during the conference, to meet Nigel Cripps of EuroNetting. We will be demonstrating the EuroNetting Multilateral Netting Service, which can be licensed directly from EuroNetting or outsourced with our partner AIBIFS. |
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December 2007: EuroNetting completes 5 years of online netting service High service levels and online system availability guaranteed in the EuroNetting service license were again exceeded by significant margins throughout 2007. Service availability has continued to exceed 99.99%, guaranteed by our twin application hosting sites that each contain multiple servers. |
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December 2006: EuroNetting integrates IBAN and BIC validation Responding to our clients' need to deliver accurate payment delivery instructions, EuroNetting now includes IBAN validation and BIC validation capabilities. More information... |
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July 2006: AIB International Financial Services selects EuroNetting as its online netting platform  AIB International Financial Services (AIBIFS), a subsidiary of Allied Irish Banks, p.l.c., has selected EuroNetting to deliver the multilateral netting component of its comprehensive set of outsourced treasury and financial services for corporations and financial institutions. Headquartered in the heart of the International Financial Services Centre (IFSC) in Dublin, AIBIFS also has sister operations in each of the three top European centers for centralized treasury operations: Budapest, Luxembourg and Zurich. For more information on AIBIFS please visit their website at www.aibifs.com. |
 Multilateral Netting
Specialists | ||||||||||||||||||||||||||||||
Software as a Service (SaaS):
EuroNetting is a SaaS level IV application, running a single instance of the
application on multiple web servers at multiple physical locations. The interface for
each client is highly configurable due to the modular nature of the application. We do not offer an
intranet version which we believe could not offer the same level of maintenance,
support and subscription-based pricing. We offer a SaaS contract that includes
industry-standard guaranteed service levels and system availability. 5 years of proven online netting service reliability: The online version of EuroNetting went live in January 2003, and has delivered a stable and highly-available operating platform continuously for well over 4 years. Designed from the outset as a platform capable of managing large numbers of clients and their users around the world, our multiple hosting sites assure high levels of availability, security and data retention. Multilateral Netting how you want it: Many integrated treasury workstation vendors claim to provide a multilateral netting product, but most were designed around a single client's needs and will require new users to adopt the same practices. Meanwhile, EuroNetting has been exclusively providing netting services for 14 years and our service has evolved to accommodate a broad variety of practices. When reviewing your options, ask for referrals to clients who run their netting your way.
How to license EuroNetting:
EuroNetting can be licensed either directly from us, or though a bank or other outsourcing operator
such as AIBIFS.
Regardless of the licensing basis, all clients are hosted on EuroNetting's own highly
secure network, and they all offer exactly the same functionality. We do not publish our
customer list online, but we are always willing to provide referrals to many satisfied
clients.
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Invoice matching and
reconcilement | ||||||||||||||||||||||||||||||
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Most netting system are run on a single-entry basis by which all
parties enter just their payables or their receivables data, but not
both. But occasionally it is desirable to have everyone input both
their payables and their receivables, and then have the netting
system match each party's version of an invoice prior to netting.
Both versions of EuroNetting offer an optional matching
module that uses sophisticated matching algorithms to handle
extremely high invoice volumes very efficiently.
More about matching... |
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Banks: Outsource your netting platform | ||||||||||||||||||||||||||||||
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Outsource your outsourcing program: EuroNetting is an ideal
platform for banks and other institutions who want to deliver a
netting service to clients. We will customize the user interface to
your requirements and maintaining the application and databases for
you. All you need to provide is your own operational staff to manage
your clients' netting. More... |
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How many clients? Some vendors claim to have hundreds or even thousands
of clients; what they really mean is the number of entities participating in
the parent company's netting process, whereas the actual number of netting
systems they have implemented is much lower and unlikely to be more than 10 or
20. Here are realistic figures for EuroNetting: |
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2008, EuroNetting Inc. All rights reserved.
