|
|
Article: Sun Microsystems and Grupo Acotel Help Caja Madrid Launch New Financial Messaging Strategy.
- Article from:
- Business Wire
- Article date:
- December 17, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SANTA CLARA, Calif. -- Sun Microsystems, Inc. (NASDAQ:JAVA) and Grupo Acotel today announced that leading Spanish savings bank Caja Madrid is using the Sun Open Suite for SWIFT solution platform for its financial messaging strategy for the next three years, spanning Payments, Securities, Funds and Treasury, in addition to communication with external institutions including CNMV - the Spanish local market regulator.
Through this new strategy, Caja Madrid will be able to consolidate all bank-to-bank message flows, helping to improve efficiency and time to market in the design and execution of business processes, reinforcing Caja Madrid's leadership position in new ...