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Netsett Global Settlement System Goes Live In Major Milestone With RSA

The second phase of Netsett, delivering full end-to-end ACORD capability and a Ruschlikon compliant process, is due for release in Q3 2013.

Michael Spiegel, Global Head of Cash Management Corporates and Trade Finance at Deutsche Bank, said, "We have a long-standing track record of providing innovative transaction banking and capital market solutions to the global insurance industry. Deutsche Bank is delighted to be a partner in the Netsett initiative, which we believe will revolutionise the way the industry processes premium and claims payments."

Xchanging

What we are

Xchanging provides business processing, technology and procurement services internationally for customers across multiple industries.

What we do

Xchanging brings innovation, thought leadership and passion to its customers' businesses so as to enhance performance and value. Our values are embedded into everything we do.

What we want to be

Xchanging wants to be regarded as the best provider in its chosen markets by delivering services that are recognised for outstanding quality, reliability and innovation.

http://www.xchanging.com

For further information, please contact:

Xchanging plc Tim Yorke, Programme Director tim.yorke@xchanging.com Direct: +44(0)20-7780-5115 Mobile: +44(0)7796-018-299 Website: http://www.xchanging.com

Deutsche Bank Paul Duffy, Director, Capital Markets and Treasury Solutions paul.duffy@db.com Direct: +44(0)20-7545-1708 Mobile: +44(0)7876-342-264 Website: http://www.db.com

Deutsche Bank Emmanuel de Resséquier, Head of Trade and Cash Solutions - NBFI, EMEA and Head of Global Transaction Banking, France emmanuel.de-resseguier@db.com Direct London: +44(0)20-7547-9398 Mobile: +33-6-22-09-1503

FWD PR Richard Adams richard.adams@fwdpr.co.uk Tel: +44(0)20-7623-2368

Andrew Lyons andrew.lyons@fwdpr.co.uk Tel: +44(0)20-7623-2368

SOURCE Xchanging

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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