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In December 2008, we selected Terremark's purpose-built data center in Miami
to become the primary hosting provider for online delivery of EuroNetting,
taking over from our twin data centers that had been operating in Chicago and
San Jose since 2003. Terremark Worldwide
is a leading global provider of highly secure IT infrastructure solutions, with operations
in multiple locations across the U.S.
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EuroNetting contains an optional interface to Unified Software's
BankVal International web service, for validation of BIC codes. BIC codes are required in some of the more detailed
payment export interfaces built into EuroNetting for execution of outgoing payments settling net positions
at the end of a netting cycle, and using Bank Val to validate BIC codes prior to remitting payments can help
ensure payments are processed swiftly and acurately.
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EuroNetting has partnered with FXpress for 10 years to deliver an integrated
combination of best-in-breed multilateral netting and FX exposure management services
to multinationals in North America and Eurpoe. We have many shared clients and can
guarantee a well-implemented and trusted connection between exposure management
and netting functions that are often managed by the same team in
corporate international treasury departments.
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AIB International Financial Services (AIBIFS) , a subsidiary of Allied Irish Banks,
p.l.c., uses 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.
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EuroNetting is the preferred multilateral netting solution for companies using Thomson's
Treasura treasury workstation. We have several shared clients and can provide excellent references from
leading U.S. corporations on the close integration of workflows between our two products.
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