| News and Events |
February 2010:
EuroNetting to terminate white label bank netting service
We will be terminating the outsourced netting service provided to one of our primary
white-label bank clients during this year. If your service will be impacted by this move,
please contact EuroNetting at +1 312 725 4571 or email sales@euronetting.com
to discuss how your netting service on the EuroNetting platform can be continued without interruption,
either through one of our three other bank outsourcers, including our preferred vendor AIBIFS,
or as an in-house managed function.
Concurrently we are enhancing the quality of our customer services by replacing our London, UK office
with a new marketing and support office in Chicago, IL, USA. Additional details with be announced shortly.
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December 2009:
EuroNetting completes 7 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 2009, aided significantly by successful completion
of the first year of network management by Terremark. Service availability continues to exceed 99.99%. The EuroNeting
client base continued to grow during 2009 with several new key clients, bring our hosted total to approzimately
82 companies with Head offices in Europe and North America, and in excess of 8,000 users and netting participants in 71 countries.
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October 2009:
Visit EuroNetting at the 2009 AFP conference, San Francisco, October 4-7
Drop by the AIB International Financial Services booth 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 1, 2008:
EuroNetting announces new SAS 70 type II platform hosted by Terremark
December 1, 2008: EuroNetting today announced the selection of Terremark
to host EuroNetting's new primary online delivery site for the EuroNetting service. After more than 5 years of delivering
EuroNetting with excellent performance levels from our twin sites in Chicago and Fremont, the move to Terremark offers
our clients the assurance of a SAS 70 Type II platform hosted by one of the most advanced top tier providers in the U.S.
Our new platform benefits from load balancing, advanced data storage, automatic failover, and 100% uptime guarantees.
Implementation and configuation of the new site will take place during December 2008 and a planned migration of clients
onto the new platform will commence in January 2009. For more information on this new site please contact
sales@euronetting.com.
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November 30, 2006:
EuroNetting integrates BIC and IBAN 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.
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March 2006:
Bring your netting operation in-house
An Internet-based netting system can make it much simpler to run your
netting function in-house.
This article describes the factors to
consider when choosing between in-house or outsourced netting; then,
read more about how to go about bring an existing outsourced netting
function in-house.
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