D+H Experiences Strong Demand for Financial Messaging Solution in 2015
Leading financial technology provider sees 25% increase in new client wins from previous year for financial messaging solution
NEW YORK, Dec. 15, 2015 /CNW/ - DH Corporation ("D+H") (TSX: DH), a leading provider of technology solutions to financial institutions globally, today announced that it has experienced strong global demand for its financial messaging solution, Global Messaging Plus. In 2015, the company added 24 new clients to its messaging platform, a 25% increase in new client wins from 2014.
New clients include financial institutions and corporations from around the world seeking a cost-efficient, secure and reliable platform to initiate, process and support electronic payment messages across a wide range of settlement systems, including SWIFT and other interbank services (e.g. SIC, euroSIC, SECOM, SEPA, CLS, CREST, FED and Chips). Demand for financial messaging solutions has increased as firms face pressure to reduce costs and improve operations, and as payment transactions continue to expand in volume and complexity.
"Banks and corporations need a technology that can simplify payment messaging by eliminating manual intervention, reducing risk, and improving efficiency," said Per Trifunovic, global head of Financial Messaging at D+H. "In 2015, we saw the demand for our solution increase as financial institutions and corporations realized the value that a leading messaging solution could provide. We expect to see demand continue to grow in the year ahead as payment complexity increases."
Global Messaging Plus is available as a customized in-house solution or as a SaaS model, delivered through service bureaus in Switzerland, United Kingdom and the United States. D+H is the largest SWIFT service bureau operator in the globe.
D+H (TSX: DH) is a leading financial technology provider the world's financial institutions rely on every day to help them grow and succeed. Our lending, payments, integrated core and global transaction banking solutions are trusted by nearly 8,000 banks, specialty lenders, community banks, credit unions, governments and corporations. Headquartered in Toronto, Canada, D+H has more than 5,500 employees worldwide who are passionate about partnering with clients to create forward-thinking solutions that fit their needs. With annual revenues well in excess of $1 billion, D+H is recognized as one of the world's top FinTech companies on IDC Financial Insights FinTech Rankings and American Banker's FinTech Forward rankings. For more information, visit dh.com.
SOURCE DH Corporation