Stet

The road to full SEPA migration is still complex, with different migration dates expected for the SEPA schemes and for Euro / non-Euro countries, the European payments industry faces unprecedented structural challenges.

Taking out SEPA migration complexity to help you focus on customer satisfaction

Banks will need to support an evolving SEPA market with regional product enrichment requirements as well as supporting existing national domestic businesses through the transition period.

Efficient solutions will be required to handle the complexity of duality in a risk-free and cost effective manner.

STET’s CORE system has been developed on ISO 20022 XML native to provide the flexibility to meet evolving business requirements in the new SEPA schemes but also support multiple national data sets transparently within a single environment.

A proven migration expertise

STET’s expertise in payments and project management demonstrated through the delivery of the CORE system and the successful migration of all French national payments to the new platform, makes STET a reliable and secure partner for your smooth migration to SEPA.

Since January 2008, the CORE system processes successfully French national payments as well as SEPA payments. The former system phased out and all volumes were sent gradually in a few months time to the community’s satisfaction. We were able to process successfully this entire range of payment instruments and other messages regardless of their complexity in handling or volumes.