SIAnet for SEPA The privacy compliant network for the European ...

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Network ServicesSIAnet for SEPAThe privacy compliantnetworkfor the EuropeanCommunitySIA-SSB: the Banks’ partner forSEPASIA-SSB is the trustworthy IT partnerworking together with Banks toundertake the SEPA challenge, bymeans of innovative and reliablesolutions.Each and every European Bank knowsthat SIA-SSB is the EBA technologicalpartner for STEP2, only few banksare aware that the STEP2 platformis natively multinetwork, and, since2003, reachable through SWIFTNetand SIAnet.SIAnet goes EuropeSince 2003 many Banks haveleveraged SIAnet for credit transfersin Euro in STEP2. Today SIAnet isavailable to all Banks in Europe, totransfer SEPA instruments (SCT andSDD) across the European financialcommunity.Back in 1986 SIA-SSB deployedon its network the Italian InterbankNetwork to pave the way to thepayment systems automation,allowing all the then existing Italianbanks to be connected electronically.After the automation of the Italianpayment system, SIAnet haseasened the automation of thetrading activities on the Italian StockExchange first and the GovernmentBond Market MTS and the InterbankMoney Market e-MID thereafter.Today SIAnet manages 465 networkconnections to the Italian financialinstitutions and more than 240connection to financial institutionsin Europe, connecting the remotemembers in 22 countries to theabove mentioned trading platforms.
SIAnet: the privacy compliantnetworkSIAnet guarantees a full compliancewith respect to the EU dataprotection directives 95/46/ECand 2002/58/EC, and subsequentresolution of the EuropeanParliament requesting the Europeanpayment system to comply withthe data protection laws. Thanksto its peer-to-peer architecturaldesign that requires the financialinstitutions intervention to accessthe transaction data stored on theequipment in the customer premises,SIA-SSB cannot access or distributethe content of the transactionscarried, without its customers formalapproval. SIAnet: the solution for the whole SIAnet vision: a trusted solutionfinancial industryto let business think businessSIAnet means several different The underlying vision for the network services, these can be messaging and connectivity servicesgrouped into two main categories is to offer an integrated approach, thatthe connectivity services and the means:messaging services.:: an overall responsibility: coveringThose are designed and managed provisioning, management,according to the customers business maintenance and continuousneeds addressing all the technical monitoringfeatures needed in the financial :: a one-stop shop for the provisioningindustry:of all the SIAnet equipment needed:: high value and retail payments :: a multi-carrier network to realise :: cards processinghigh availability solutions:: securities trading and settlement :: a single help desk for all the:: trade financecustomer care requests:: and all the custom designed :: full service management andservices for the Bank infra-group monitoring twenty4ever (24x365)network services.:: business continuity enabler.SIAnet: the technologicalleadership To address Straight ThroughProcessing communication fromtrading to settlement of both cashand securities, offering networksolutions for cards and trade finance.In order to address all these needsSIAnet supports all the most commonmessaging standards, such as: FIX,SWIFT MTxxx, RNI, ISO 20022 XML.SIAnet is a state-of-the-art networkthat exploits the full capabilities ofthe MPLS broadband technology,including the multi-protocol IPnetwork functionalities.SIAnet keeps evolving over the timein a continuous strive for innovationproviding its customers with best ofbreed technologies and guaranteeingthe highest performance for reliabilityand availability. In 2007 SIAnet hashandled over 10,300 billions bytes,with a 99.99% network availability.
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