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PPI Aktiengesellschaft http://www.PPI.de PPI AG RSS Feed en_EN Fri, 22 Jun 2018 15:22:50 +0000 Fri, 22 Jun 2018 15:22:50 +0000 TYPO3 EXT:news news-652 Mon, 15 May 2017 12:34:49 +0000 EBICS payments for financial institutions http://www.PPI.de/en/payments/ebics-payments-for-financial-institutions/ TRAVIC-Corporate and TRAVIC-Port - Electronic banking and interbank payments: meeting increasing requirements, cost pressure and growing volumes news-651 Mon, 15 May 2017 12:28:24 +0000 Interbank clearing for financial institutions http://www.PPI.de/en/payments/interbank-clearing-for-financial-institutions/ TRAVIC-Payment Hub, EBICS gateway for STEP2 , BBk, "garage clearing and EBICS gateway z/OS for STEP2 news-648 Mon, 15 May 2017 12:16:37 +0000 Advising insurers http://www.PPI.de/en/insurers/ Insurers with a vision news-647 Mon, 15 May 2017 12:06:20 +0000 Consulting banks http://www.PPI.de/en/banks/ PPI AG as a reliable partner for complex consulting projects news-650 Mon, 15 May 2017 06:00:00 +0000 PPI EBICS blog http://www.ebicsblog.com PPI is bringing the topic of EBICS to the forefront of European discussion. news-618 Tue, 28 Mar 2017 08:59:38 +0000 PPI and Intercope – two market leaders in interbank communications join forces http://www.PPI.de/en/ppi-ag/ppi-newsroom/news/news/detail/News/ppi-and-intercope-two-market-leaders-in-interbank-communications-join-forces/ SEPA creates uniform payment processes in the euro zone. Instant Payments will bring along another big innovation for the financial industry: payments shall be available to the recipient within few seconds. What's more, it shall work across borders and around the clock in the euro zone. The realisation of Instant Payments poses great technical challenges for banks as their IT and communication systems are primarily intended for the processing of mass payments. One such challenge is the transfer of Instant Payments between banks and clearing houses. The transfer must be high-performance, inexpensive and secure. These three criteria are crucial if Instant Payments is to become "the new normal". Financial institutions thus need a solution that enables a fast transport of payments and at the same time offers functionalities for the distribution of communications onto multiple networks. Furthermore, journal and retrieval functions should be centralised and independent of the communication channel.  

PPI AG and Intercope – both Hamburg-based IT companies leading in their European market sector – have thus forged a partnership to offer the financial industry a solution that is designed specifically to meet the coming challenges of Instant Payments. PPI specialises in payment systems and is the European market leader in EBICS. Intercope has decades of experience in connecting banks to the SWIFT network and with its BOX Messaging Hub software is equally leading in its market sector.

The joint solution enables banks to seamlessly integrate their EBICS, SIANet and SWIFT communication channels for connecting clearing houses, in particular Instant Payments to EBA CLEARING. Additionally, the same solution can be used to create an interface to EBA STEP2 and the Deutsche Bundesbank, or a bilateral interface to another financial institution. With this joint solution, it is possible for the first time to control and manage multiple communication networks via a central messaging hub. Furthermore, local networks such as EDItran, PeSIT or RNI can be integrated.

About PPI AG

PPI AG has been working successfully as a consulting and software company for banks, insurances and financial service providers for over 30 years. Our customers in the project business appreciate our uncomplicated and flexible approach. We combine expert knowledge with technological proficiency to bring projects to a successful conclusion. We work in payments throughout Europe and with our standard product portfolio occupy a leading market position. As steadily growing family-owned stock company, PPI AG and our over 500 employees are entirely focussed on our customers' success.

About Intercope

INTERCOPE is a private, independent company founded in 1982 in Hamburg, Germany. More than 1,000 customers in 90 countries, including more than half of the top 200 banks world-wide, benefit from the solutions and technologies of the highly specialized niche provider. With local support in Australia, France, Italy, Spain, UK and the USA, INTERCOPE maintains long-term relations with major enterprise customers, many of them for more than 20 years, and works closely with major partners such as Atos, IBM, PPI and SWIFT.

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Payments
news-564 Wed, 26 Oct 2016 09:31:46 +0000 A guide to EU PSD2 (assetman.net 24.10.2016) http://www.assetman.net/news/A_guide_to_EU_PSD2_9738/ Deutsche Bank modestly reports that it has published a must-read guide to a new European Union Payment Services Directive (PSD2) which it describes as a major update of EU payment market regulation. Banks and payment providers will need to adapt their systems and processes to comply with the requirements of the new EU Directive on Payment Services Directive 2 (PSD2), according to the paper, on which the bank worked with PPI AG. PSD II news-462 Tue, 16 Feb 2016 16:02:17 +0000 Cognitive technologies to improve portfolio diversification (Dr. Papenbrock, HEDGEWORK NEWS 1/2016) http://www.PPI.de/en/ppi-ag/ppi-newsroom/news/news/detail/News/cognitive-technologies-to-improve-portfolio-diversification-dr-papenbrock-hedgework-news-12016-1/ A cornerstone of modern finance is diversification, first formalised in the 1950s. Today, innovative financial technologies help to manage diversification and systemic risk more effectively. Risk Management news-452 Tue, 19 Jan 2016 09:33:40 +0000 How will robo advisory and digital wealth management evolve in 2016? (Dr. Papenbrock, LinkedIn 23.12.2015) https://www.linkedin.com/pulse/how-robo-advisory-digital-wealth-management-evolve-2016-papenbrock Many human and robo advisory approaches today use some sort of celebrated, Nobel price winning Markowitz approach from the 1950s. Modern Portfolio Theory (MPT) is an important formalism for diversified investment but remember: it is a theory and empirical reality looks different. The idea of diversification is still valid but these methods, although still widely used, are rather inefficient and fragile in practice. Investment clients might receive suboptimal portfolios in terms of diversity and risk-adjusted returns. Risk Management news-349 Wed, 06 May 2015 12:33:00 +0000 Liechtensteinische Landesbank has chosen EBICS for payments http://www.PPI.de/en/ppi-ag/ppi-newsroom/news/news/detail/News/liechtensteinische-landesbank-has-chosen-ebics-for-payments/ Zürich, 6 May 2015 – PPI AG can now also offer electronic data interchange based on the multibank-capable EBICS standard to Liechtenstein. LLB will provide the EBICS interface for corporate clients in the second half of this year. LLB opted for the PPI EBICS/ISO 20022 solution because of its smooth handling of payments with the European business partners and the seamless integration of its security features into the very high security requirements of Liechtenstein. PPI, a business consultancy firm specialised in the banking sector, acts as partner and adviser in modernising the payment systems. LLB, the oldest multipurpose bank in Liechtenstein, has a long lasting presence in the Swiss Banking Market, also with its subsidiary Bank Linth. As part of the agreed harmonisation of payment systems in Switzerland, LLB has decided to process electronic payments using EBICS (Electronic Banking Internet Communication Standard). Thus LLB has chosen to use a standard which is in the meantime is well established for corporate clients in the financial communities of Germany, France and Switzerland. “We chose EBICS because it facilitates transactions in the eurozone and also meets the latest requirements for secure, state-of-the-art, fast and flexible communication between corporates and the bank”, says Carsten Miehling, CEO of PPI Switzerland.

The EBICS protocol simplifies the pursuit of multi-bank strategies for corporates. Payment authorisation with the Distributed Electronic Signature is among one of the features used and liked by international corporates. “EBICS speeds up payment processing and enables even large amounts of data to be quickly and securely transferred via the internet”, explains Carsten Miehling. “Liechtensteinische Landesbank has chosen the most up-to-date and therefore secure version of EBICS. This means LLB’s corporate clients can be sure that the EBICS interface fulfills all the international directives, particularly those of the SIX EBICS Working Party.”particularly those of the SIX EBICS Working Party.”

LLB’s interface for corporate clients is based on the TRAVIC electronic banking system developed by PPI. Software manufacturers who want to test and integrate this interface should contact Oscar Neira at PPI Switzerland directly at oscar.neira(at)ppi-schweiz.ch.

PPI AG

PPI AG has been working successfully for banks and insurance companies for over 30 years. In 2014 the company and its 400 staff achieved revenue of €52 million in the areas of consulting, software development, business intelligence and products. In the banking sector, we specialise in payments, risk management and compliance. To insurance companies PPI offers technically and methodically excellent solutions for all their core processes. Our long-standing clients appreciate the high quality of our work as well as our absolute adherence to deadlines and budgets. Our experienced staff in Germany, France and Switzerland acts as a constant link between the specialist departments and IT experts.

Press contact

Florian Bongartz
Faktenkontor GmbH
Tel: +49 (0)40 253 185-128
Fax: +49 (0)40 253 185-320
E-mail: florian.bongartz@faktenkontor.de

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Payments
news-203 Wed, 21 Jan 2015 16:02:00 +0000 The Zürcher Kantonalbank takes on EBICS – the multibank-capable standard in electronic data interchange with corporate clients. http://www.PPI.de/en/ppi-ag/ppi-newsroom/news/news/detail/News/the-zuercher-kantonalbank-takes-on-ebics-the-multibank-capable-standard-in-electronic-data-inter/ For their electronic payment transactions, the Zürcher Kantonalbank has opted for a particularly stable and multibank-capable software solution. The largest of the Swiss Cantonal Banks will offer their corporate clients the internet-based electronic banking standard EBICS, which the Swiss credit institutions have agreed as a multibank-capable standard. In a request for proposal, PPI AG was able to prevail over numerous competitors with their electronic banking system TRAVIC-Corporate. After the decision of the Swiss credit services sector for the particularly secure Electronic Banking Internet Communication Standard (EBICS), Switzerland opted into the European EBICS community in order to join France and Germany in its further development. Even for other European financial centres, EBICS is currently gaining more acceptance as the payment transaction standard in the corporate client segment.

The EBICS protocol is used by companies as an integral component of their payment systems to process electronic payment transactions. Transactions are typically the issuance of payment instructions or obtaining account statements, status reports and payment advice. Electronic signatures are used for approvals. As a highly available and inexpensive standard, EBICS can handle very large volumes of data quickly and securely.

For companies, the procedure has the advantage that more and more banks across Europe are offering EBICS, which, in addition to the single European payment format SEPA, is prevailing as a congruent transmission protocol.

Already by early 2014, the Luzerner Kantonalbank had opted for PPI's TRAVIC-Corporate system. Other large Swiss banks are showing an increased interest in the system used by market leaders for EBICS solutions. The Zürcher Kantonalbank uses PPI AG's new transmission protocol on the basis of TRAVIC-Corporate. "We are working closely with the bank and providing a bespoke integration solution to the existing banking systems" said Michael Lembke, product manager at PPI, responsible for the integration project of the Zürcher Kantonalbank and RECON.

"The Zürcher Kantonalbank will link the system directly to the central user management, reducing administration costs and optimising the security of the entire system landscape" explains Carsten Miehling, managing director of RECON, the sales partner of PPI AG in Switzerland.

Zürcher Kantonalbank

The ZKB has over 97 branches, mainly in the Swiss Canton of Zurich. With assets totalling over 150 billion Swiss francs and employing 5,383 members of staff, it is the largest Cantonal Bank and the fourth largest Swiss bank. In Zurich's economic environment the bank occupies the leading position in the universal banking business with an AAA rating and a comprehensive range of products and services. Its core business practices include financing, investment and asset management, trade and capital market as well as the liabilities, payment transactions and credit/debit card businesses.

Contact

Zürcher Kantonalbank
Reto Gubler
Payment Transactions Product Manager
reto.gubler(at)zkb.ch

About PPI and RECON

The software and consultancy company PPI AG is the developer of the electronic banking product suite TRAVIC, market leader in EBICS and specialist in SEPA and ISO20022. RECON is the Swiss sales partner of the TRAVIC product line. As an IT engineering office in the Swiss Canton of Zug, they specialise in formats, standards and processes in electronic payment transactions.

Contact

RECON
Carsten Miehling
Gubelstrasse
CH-6305 Zug
miehling(at)recon-is.ch

PPI AG
Dr Hermann Fürstenau
Moorfuhrtweg 13
D-22301 Hamburg
hermann.fuerstenau@ppi.de

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Payments
PPI Aktiengesellschaft http://www.PPI.de PPI AG RSS Feed en_EN Fri, 22 Jun 2018 15:22:50 +0000 Fri, 22 Jun 2018 15:22:50 +0000 TYPO3 EXT:news news-652 Mon, 15 May 2017 12:34:49 +0000 EBICS payments for financial institutions http://www.PPI.de/en/payments/ebics-payments-for-financial-institutions/ TRAVIC-Corporate and TRAVIC-Port - Electronic banking and interbank payments: meeting increasing requirements, cost pressure and growing volumes news-651 Mon, 15 May 2017 12:28:24 +0000 Interbank clearing for financial institutions http://www.PPI.de/en/payments/interbank-clearing-for-financial-institutions/ TRAVIC-Payment Hub, EBICS gateway for STEP2 , BBk, "garage clearing and EBICS gateway z/OS for STEP2 news-648 Mon, 15 May 2017 12:16:37 +0000 Advising insurers http://www.PPI.de/en/insurers/ Insurers with a vision news-647 Mon, 15 May 2017 12:06:20 +0000 Consulting banks http://www.PPI.de/en/banks/ PPI AG as a reliable partner for complex consulting projects news-650 Mon, 15 May 2017 06:00:00 +0000 PPI EBICS blog http://www.ebicsblog.com PPI is bringing the topic of EBICS to the forefront of European discussion. news-618 Tue, 28 Mar 2017 08:59:38 +0000 PPI and Intercope – two market leaders in interbank communications join forces http://www.PPI.de/en/ppi-ag/ppi-newsroom/news/news/detail/News/ppi-and-intercope-two-market-leaders-in-interbank-communications-join-forces/ SEPA creates uniform payment processes in the euro zone. Instant Payments will bring along another big innovation for the financial industry: payments shall be available to the recipient within few seconds. What's more, it shall work across borders and around the clock in the euro zone. The realisation of Instant Payments poses great technical challenges for banks as their IT and communication systems are primarily intended for the processing of mass payments. One such challenge is the transfer of Instant Payments between banks and clearing houses. The transfer must be high-performance, inexpensive and secure. These three criteria are crucial if Instant Payments is to become "the new normal". Financial institutions thus need a solution that enables a fast transport of payments and at the same time offers functionalities for the distribution of communications onto multiple networks. Furthermore, journal and retrieval functions should be centralised and independent of the communication channel.  

PPI AG and Intercope – both Hamburg-based IT companies leading in their European market sector – have thus forged a partnership to offer the financial industry a solution that is designed specifically to meet the coming challenges of Instant Payments. PPI specialises in payment systems and is the European market leader in EBICS. Intercope has decades of experience in connecting banks to the SWIFT network and with its BOX Messaging Hub software is equally leading in its market sector.

The joint solution enables banks to seamlessly integrate their EBICS, SIANet and SWIFT communication channels for connecting clearing houses, in particular Instant Payments to EBA CLEARING. Additionally, the same solution can be used to create an interface to EBA STEP2 and the Deutsche Bundesbank, or a bilateral interface to another financial institution. With this joint solution, it is possible for the first time to control and manage multiple communication networks via a central messaging hub. Furthermore, local networks such as EDItran, PeSIT or RNI can be integrated.

About PPI AG

PPI AG has been working successfully as a consulting and software company for banks, insurances and financial service providers for over 30 years. Our customers in the project business appreciate our uncomplicated and flexible approach. We combine expert knowledge with technological proficiency to bring projects to a successful conclusion. We work in payments throughout Europe and with our standard product portfolio occupy a leading market position. As steadily growing family-owned stock company, PPI AG and our over 500 employees are entirely focussed on our customers' success.

About Intercope

INTERCOPE is a private, independent company founded in 1982 in Hamburg, Germany. More than 1,000 customers in 90 countries, including more than half of the top 200 banks world-wide, benefit from the solutions and technologies of the highly specialized niche provider. With local support in Australia, France, Italy, Spain, UK and the USA, INTERCOPE maintains long-term relations with major enterprise customers, many of them for more than 20 years, and works closely with major partners such as Atos, IBM, PPI and SWIFT.

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Payments
news-564 Wed, 26 Oct 2016 09:31:46 +0000 A guide to EU PSD2 (assetman.net 24.10.2016) http://www.assetman.net/news/A_guide_to_EU_PSD2_9738/ Deutsche Bank modestly reports that it has published a must-read guide to a new European Union Payment Services Directive (PSD2) which it describes as a major update of EU payment market regulation. Banks and payment providers will need to adapt their systems and processes to comply with the requirements of the new EU Directive on Payment Services Directive 2 (PSD2), according to the paper, on which the bank worked with PPI AG. PSD II news-462 Tue, 16 Feb 2016 16:02:17 +0000 Cognitive technologies to improve portfolio diversification (Dr. Papenbrock, HEDGEWORK NEWS 1/2016) http://www.PPI.de/en/ppi-ag/ppi-newsroom/news/news/detail/News/cognitive-technologies-to-improve-portfolio-diversification-dr-papenbrock-hedgework-news-12016-1/ A cornerstone of modern finance is diversification, first formalised in the 1950s. Today, innovative financial technologies help to manage diversification and systemic risk more effectively. Risk Management news-452 Tue, 19 Jan 2016 09:33:40 +0000 How will robo advisory and digital wealth management evolve in 2016? (Dr. Papenbrock, LinkedIn 23.12.2015) https://www.linkedin.com/pulse/how-robo-advisory-digital-wealth-management-evolve-2016-papenbrock Many human and robo advisory approaches today use some sort of celebrated, Nobel price winning Markowitz approach from the 1950s. Modern Portfolio Theory (MPT) is an important formalism for diversified investment but remember: it is a theory and empirical reality looks different. The idea of diversification is still valid but these methods, although still widely used, are rather inefficient and fragile in practice. Investment clients might receive suboptimal portfolios in terms of diversity and risk-adjusted returns. Risk Management news-349 Wed, 06 May 2015 12:33:00 +0000 Liechtensteinische Landesbank has chosen EBICS for payments http://www.PPI.de/en/ppi-ag/ppi-newsroom/news/news/detail/News/liechtensteinische-landesbank-has-chosen-ebics-for-payments/ Zürich, 6 May 2015 – PPI AG can now also offer electronic data interchange based on the multibank-capable EBICS standard to Liechtenstein. LLB will provide the EBICS interface for corporate clients in the second half of this year. LLB opted for the PPI EBICS/ISO 20022 solution because of its smooth handling of payments with the European business partners and the seamless integration of its security features into the very high security requirements of Liechtenstein. PPI, a business consultancy firm specialised in the banking sector, acts as partner and adviser in modernising the payment systems. LLB, the oldest multipurpose bank in Liechtenstein, has a long lasting presence in the Swiss Banking Market, also with its subsidiary Bank Linth. As part of the agreed harmonisation of payment systems in Switzerland, LLB has decided to process electronic payments using EBICS (Electronic Banking Internet Communication Standard). Thus LLB has chosen to use a standard which is in the meantime is well established for corporate clients in the financial communities of Germany, France and Switzerland. “We chose EBICS because it facilitates transactions in the eurozone and also meets the latest requirements for secure, state-of-the-art, fast and flexible communication between corporates and the bank”, says Carsten Miehling, CEO of PPI Switzerland.

The EBICS protocol simplifies the pursuit of multi-bank strategies for corporates. Payment authorisation with the Distributed Electronic Signature is among one of the features used and liked by international corporates. “EBICS speeds up payment processing and enables even large amounts of data to be quickly and securely transferred via the internet”, explains Carsten Miehling. “Liechtensteinische Landesbank has chosen the most up-to-date and therefore secure version of EBICS. This means LLB’s corporate clients can be sure that the EBICS interface fulfills all the international directives, particularly those of the SIX EBICS Working Party.”particularly those of the SIX EBICS Working Party.”

LLB’s interface for corporate clients is based on the TRAVIC electronic banking system developed by PPI. Software manufacturers who want to test and integrate this interface should contact Oscar Neira at PPI Switzerland directly at oscar.neira(at)ppi-schweiz.ch.

PPI AG

PPI AG has been working successfully for banks and insurance companies for over 30 years. In 2014 the company and its 400 staff achieved revenue of €52 million in the areas of consulting, software development, business intelligence and products. In the banking sector, we specialise in payments, risk management and compliance. To insurance companies PPI offers technically and methodically excellent solutions for all their core processes. Our long-standing clients appreciate the high quality of our work as well as our absolute adherence to deadlines and budgets. Our experienced staff in Germany, France and Switzerland acts as a constant link between the specialist departments and IT experts.

Press contact

Florian Bongartz
Faktenkontor GmbH
Tel: +49 (0)40 253 185-128
Fax: +49 (0)40 253 185-320
E-mail: florian.bongartz@faktenkontor.de

]]>
Payments
news-203 Wed, 21 Jan 2015 16:02:00 +0000 The Zürcher Kantonalbank takes on EBICS – the multibank-capable standard in electronic data interchange with corporate clients. http://www.PPI.de/en/ppi-ag/ppi-newsroom/news/news/detail/News/the-zuercher-kantonalbank-takes-on-ebics-the-multibank-capable-standard-in-electronic-data-inter/ For their electronic payment transactions, the Zürcher Kantonalbank has opted for a particularly stable and multibank-capable software solution. The largest of the Swiss Cantonal Banks will offer their corporate clients the internet-based electronic banking standard EBICS, which the Swiss credit institutions have agreed as a multibank-capable standard. In a request for proposal, PPI AG was able to prevail over numerous competitors with their electronic banking system TRAVIC-Corporate. After the decision of the Swiss credit services sector for the particularly secure Electronic Banking Internet Communication Standard (EBICS), Switzerland opted into the European EBICS community in order to join France and Germany in its further development. Even for other European financial centres, EBICS is currently gaining more acceptance as the payment transaction standard in the corporate client segment.

The EBICS protocol is used by companies as an integral component of their payment systems to process electronic payment transactions. Transactions are typically the issuance of payment instructions or obtaining account statements, status reports and payment advice. Electronic signatures are used for approvals. As a highly available and inexpensive standard, EBICS can handle very large volumes of data quickly and securely.

For companies, the procedure has the advantage that more and more banks across Europe are offering EBICS, which, in addition to the single European payment format SEPA, is prevailing as a congruent transmission protocol.

Already by early 2014, the Luzerner Kantonalbank had opted for PPI's TRAVIC-Corporate system. Other large Swiss banks are showing an increased interest in the system used by market leaders for EBICS solutions. The Zürcher Kantonalbank uses PPI AG's new transmission protocol on the basis of TRAVIC-Corporate. "We are working closely with the bank and providing a bespoke integration solution to the existing banking systems" said Michael Lembke, product manager at PPI, responsible for the integration project of the Zürcher Kantonalbank and RECON.

"The Zürcher Kantonalbank will link the system directly to the central user management, reducing administration costs and optimising the security of the entire system landscape" explains Carsten Miehling, managing director of RECON, the sales partner of PPI AG in Switzerland.

Zürcher Kantonalbank

The ZKB has over 97 branches, mainly in the Swiss Canton of Zurich. With assets totalling over 150 billion Swiss francs and employing 5,383 members of staff, it is the largest Cantonal Bank and the fourth largest Swiss bank. In Zurich's economic environment the bank occupies the leading position in the universal banking business with an AAA rating and a comprehensive range of products and services. Its core business practices include financing, investment and asset management, trade and capital market as well as the liabilities, payment transactions and credit/debit card businesses.

Contact

Zürcher Kantonalbank
Reto Gubler
Payment Transactions Product Manager
reto.gubler(at)zkb.ch

About PPI and RECON

The software and consultancy company PPI AG is the developer of the electronic banking product suite TRAVIC, market leader in EBICS and specialist in SEPA and ISO20022. RECON is the Swiss sales partner of the TRAVIC product line. As an IT engineering office in the Swiss Canton of Zug, they specialise in formats, standards and processes in electronic payment transactions.

Contact

RECON
Carsten Miehling
Gubelstrasse
CH-6305 Zug
miehling(at)recon-is.ch

PPI AG
Dr Hermann Fürstenau
Moorfuhrtweg 13
D-22301 Hamburg
hermann.fuerstenau@ppi.de

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Payments