Pinnacle Solutions Incorporated (PSI) announces SWIFTReady Label conformance
for our Synergy Trade Services – Corporate product
June 3 2011
Synergy Trade Services – Corporate manages a company’s trade finance instruments and automatically interacts with multiple financial institutions, generates all mandatory corporate-to-bank (C2B) and processes received bank-to-corporate (B2C) MT798 SWIFT messages, covering Import/Export Documentary Credits, Standby L/C’s, and Guarantees.
Banks can host the solution in a “white label” single or multi-bank configuration, providing a secure and SWIFT compliant internet front-end for their trade services customers.
Synergy helps corporations put global banks within desktop reach via the secure SWIFT network, allowing corporations to easily find the best opportunities to support their domestic or international trade activity.
Synergy Trade Services – Corporate can be purchased, leased or hosted as SaaS.
For further information please contact
Pinnacle Solutions Incorporated
673 Morris Avenue
Springfield, New Jersey 07081 USA
t +1 973 258 0909
f +1 973 258 1771
info@psi-nj.com
www.psi-nj.com
Axletree Solutions Partners with Pinnacle Solutions to Offer International Core Banking and Trade Finance Applications
New York, NEW YORK – March 3, 2011 - Axletree Solutions, a global leader in providing fully managed end-to-end SWIFT connectivity solutions, and Pinnacle Solutions Incorporated (PSI), provider of the Synergy suite of banking and trade services software, announced today the availability of Synergy suite on Axletree’s Service Bureau.
Synergy is a web-based suite of integrated banking applications for payments, accounts, cash management, loans and deposits, trade services, and for corporate treasury multi-bank trade services application. Synergy is now available on Axletree’s hosted SWIFT connectivity platform, providing customers with a complete, secure, outsourced, SaaS solution for:
“Axletree’s partnership with Pinnacle Solutions can add tremendous value to our banking customers. With Synergy part of our unique Marketplace of hosted value added solutions, banks can now avail core banking and SWIFT connectivity services through Axletree” said Mohan Murali, President -Axletree Solutions. “This absolutely delights us; we now complete the circle on the service offering to banks.”
About Pinnacle Solutions
Pinnacle Solutions Incorporated (PSI) is serving international financial institutions since 1992. PSI delivers consultancy and software solutions in the areas of payments, trade services, cash management (DDA and Nostro), foreign exchange, money markets, lending and credit facilities, customer risk management and systems integration. Synergy is PSI’s suite of banking applications providing back-office support for payments, SWIFT messaging, DDA/Nostro accounts, loans and deposits, trade services, bank customer LC front-end and multi-bank corporate LC. Synergy is operational in over twenty countries. For more information please visit www.psi-nj.com.
About Axletree Solutions
Axletree Solutions is one of the most trusted and specialized provider of SWIFT connectivity solutions to Fortune 500 corporations and banks worldwide. Turnkey SWIFT connectivity is Axletree’s core solution that enables clients to streamline bank communication, lower costs and improve efficiency through automation and real time information. Axletree also provides value added solutions that enhance STP such as Cash and Balance Reporting, Format Translation, Regulatory Compliance, Exceptions & Investigations and Integrated core banking solutions. Axletree operates four global data centers across New Jersey, The Bahamas, Pennsylvania and Uruguay with all systems being “Always On” to ensure minimal disruption of services. For more information please visit www.axletrees.com
Pinnacle Solutions Incorporated Selects EastNets SWIFT Service Bureau to Power its Synergy Banking and Trade Services Solution
New York, NEW YORK – October 25, 2010 - EastNets, a leading global provider of compliance and payments solutions, announced today that Pinnacle Solutions had selected the Company’s SWIFT Service Bureau to host their Synergy banking and trade services solution. EastNets SWIFT Service Bureau will provide the strategic platform to offer cost-effective “Software as a Service” (SaaS) banking and SWIFT connectivity to financial institutions worldwide.
Pinnacle’s web-based suite of integrated banking applications currently operates in more than twenty countries worldwide, and is now available, powered by EastNets SWIFT Service Bureau, as an outsourced SaaS alternative, providing customers with a more cost-effective, hassle-free and flexible solution. Synergy, powered by EastNets, offers businesses the following key capabilities:
“We are delighted to have selected EastNets’ market leading SWIFT Service Bureau to host our core banking and trade service offering,” said Ralph Carbone, President of Pinnacle Solutions Incorporated. “The company’s proven track record, broad geographic reach, and strong SWIFT expertise made EastNets the right choice.”
“Outsourcing solutions and business processes provides an opportunity for financial institutions to increase their profitability by reducing costs, improving operational workflow, and controlling risk,” said Hazem Mulhim, CEO of EastNets. “With Synergy, powered by EastNets, financial institutions and corporate treasuries will have fast, effective and affordable access to SWIFT connectivity and a premiere banking and trade services environment.”
EastNets provides both a fully-managed hosting facility as well as a shared environment – both complete with disaster recovery and FileAct support. en.Service Bureau is SWIFT recognized and offers around the clock availability of its services and contingency environment. Institutions can immediately benefit from Synergy with fast time-to-live, low-cost monthly fees for the software solution and the IT infrastructure. With no capital investment, Synergy is the affordable “big-bank” solution.
About Pinnacle Solutions
Pinnacle Solutions Incorporated (PSI) is serving international financial institutions since 1992. PSI delivers consultancy and software solutions in the areas of payments, trade services, cash management (DDA and Nostro), foreign exchange, money markets, lending and credit facilities, customer risk management and systems integration. Synergy is PSI’s suite of banking applications providing back-office support for payments, SWIFT messaging, DDA/Nostro accounts, loans and deposits, trade services, bank customer LC front-end and multi-bank corporate LC. Synergy is operational in over twenty countries. For more information please visit www.psi-nj.com.
About EastNets
EastNets is a leading provider of global compliance and payment solutions and services with over 1,000 customers in 120 countries. Founded in 1984, EastNets has over 25 years of experience serving financial institutions and corporates around the globe. EastNets provides Compliance Solutions including anti-money laundering and anti-fraud; Resilient SWIFT Solutions for SWIFT FIN/XML reporting, duplicate detection management, disaster recovery, and outsourced SWIFT connectivity with its SWIFT Service Bureau; and Mobile Remittances Solutions enabling secure, compliant mobile remittances. In addition, EastNets delivers a full range of SAA payment architecture consulting, implementation services, training and maintenance to help clients protect, manage and improve their SWIFT environment. For more information, please visit www.eastnets.com.
