CACEIS Bank Deutschland GmbH uses CoCoNet’s MULTIVERSA IBS

June 3, 2008 - The CACEIS Bank Deutschland GmbH in Munich will use the CoCoNet platform for electronic data exchange MULTIVERSA IBS International Banking Server.

An important decision criterion for CoCoNet’s banking server is the quick availability of the solution (time to market) for this group of customers.

But also the modern software architecture convinced the CACEIS Bank of CoCoNet’s product: The software's modular build making it scalable and the clustering guaranteeing high reliability. So MULTIVERSA IBS is able to adapt to future requirements by integrating new software modules and growing numbers of clients and users.

At CACEIS the MULTIVERSA IBS is the platform, which receives all data from corporates, submitted by the different front-end systems via EBICS und BCS-FTAM. Afterwards MULTIVERSA IBS processes and routes the data from and to the bank’s back-end systems.

About CACEIS Bank Deutschland GmbH, Munich

The CACEIS banking group is an asset servicing provider focussing on institutional and corporate clients in Europe and North America.

With €2.3 trillion Assets under Custody CACEIS is a global Top-10 player in the asset-services business working for fund managers, institutional investors, banks and fund distribution companies.

The CACEIS Bank Deutschland GmbH offers depositary bank services in France, Luxembourg, Ireland and Germany.
www.caceis.de