CACEIS has selected FIS Open Payment Framework (OPF) to its streamline payment operations, reduce processing costs and provide a smooth payment experience.
FIS OPF supports ISO 20022 payment standards, as well as SEPA credit transfer, direct debit, instant payments and the SWIFT global payment initiative.
Fabien Azavant, chief information officer at CACEIS, commented: “It is very important not only that we stay ahead of evolving regulatory requirements, but that we provide our clients with a modern, streamlined payment experience.”
“A single platform from FIS will enable us to do that in all our entities, while also streamlining costs and enhancing the visibility of our international payments.”
Sandeep Gill, senior vice president of banking solutions and international markets at FIS, added: ”CACEIS joins a growing roster of organisations that are taking advantage of the advanced functionality of the FIS OPF. We look forward to working with this market leader to realise the benefits of deploying our payments platform.”
