More NewsStematch Implemented at Bulgaria National Bank

Stematch Implemented at Bulgaria National Bank

The Bulgarian National Bank (BNB) in Sofia has selected Sterci’s Stematch for reconciliation. Stematch is used for cash and securities positions reconciliation. BNB is also using the Stematch options for interest calculation, long-term archiving and cash management on Nostro accounts. An IT expert at BNB said: “With this Stematch implementation, the main benefits for the bank are the reduction of the operational risks with early detection of exceptions, easy investigations via SWIFT queries and e-mail. We have selected Stematch based on a proof of concept and we have been impressed by the fast project implementation thanks to Global Consulting Ltd, Sterci’s local partner in Sofia.”

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