ERI partners with Bottomline to integrate financial messaging solutions

By Joy Dumasia

Bottomline, a leading provider of financial technology that makes business payments simple, smart and secure and ERI, provider of the leading technology platform OLYMPIC Banking System digitising front-to-back financial services processes, announced a strategic partnership to integrate Bottomline’s SaaS-based financial messaging solutions with ERI’s OLYMPIC Banking System software package.

This strategic alliance is effective worldwide, making Bottomline’s offering available to OLYMPIC Banking System customers globally via the system’s various cloud and on-premises configurations. Bottomline is a recognised and trusted expert delivering end-to-end technology solutions. Its SaaS offering is a comprehensive portfolio of financial messaging, reconciliation, business flow integration, market data, and other payments and securities business services.

OLYMPIC Banking System is a fully integrated, front-to-back, a parameter-driven digital platform supporting banks and financial institutions in streamlining, automating and digitising their core business activities across their clients’ entire lifecycle.

Jean-Philippe Bersier, ERI’s Director of Business Development, said: “ERI has a long collaboration history with Bottomline, and a significant number of our clients use Bottomline solutions daily with great satisfaction. Signing this strategic partnership is a step further in our collaboration, and we aim to extend and integrate our products into more cloud-based environments and SaaS (Software as a Service) models.”

Daniel Bardini, Managing Director at Bottomline Technologies, Switzerland, said: “Working collaboratively to achieve a common goal is key. We are thrilled to offer OLYMPIC Banking System’s customers an easy, convenient way to access new financial networks and provide the very tools that banks need to automate, secure and manage their payments and securities business, and to help in simplifying reconciliations and data management processes.”

IBS Intelligence reported that FinTech Bottomline has announced that LHV and The Access Bank UK Ltd have signed up for the business’ cloud-based Confirmation of Payee (CoP) service to help combat APP fraud.