Aqua Global and Recarta Announce Strategic Partnership – Delivering an Innovative, Secure and Fully Managed Client Experience

January, 2014 Aqua Global a worldwide leading supplier of messaging, integration, payment and cash management solutions has today announced the integration between its e²gen messaging product suite and Recarta. This partnership will enable the provision of a fully managed e²gen Cloud Solution on one of Europe’s largest privately owned IBM-accredited Cloud builder and Cloud infrastructure Business Partner.

The partnership between Aqua Global and Recarta offers architectural innovation in the Cloud and has been specifically tailored to address ways in which banks see their business landscape in order to meet ever increasing transaction volumes and regulatory compliance pressed upon them.

Aqua Global believes that this partnership benefits institutions, both Financial and Corporate, through the provision of necessary storage requirements as well as a dedicated secure data centre environment. Gone are the days where there was the need to build hardware, install software or pay dedicated software license fees. e²gen Cloud offers a flexible solution that streamlines ALL operations, shifting costs from capital to operational or from fixed to variable. e²gen Cloud offers real-time visibility ensuring that trading and workflows are maintainable.

“It is my pleasure to announce that Aqua Global can now work closely with Recarta. As a technology pioneer that has delivered cloud-based services into the IBM mid-range market for some years, I believe that this partnership offers strong support for our business and customers, as well as a more rounded, complete product suite,” said Nick Fernando, Director of Aqua Global Solutions.

“Recarta is looking forward to this new and exciting partnership with the hope of being able to streamline and enrich banking process to enable financial institutions to scale its business operations where necessary. Aqua Global is an internationally recognised leader in delivering financial technology solutions, and I believe their e²gen solution can add tremendous value to financial institutions by partnering with Recarta. Together with Aqua Global we can offer the customer cost savings through innovative cloud deployment,” said Jack Holt, Account Director, Recarta.

About Aqua Global Solutions: Aqua Global’s e²gen suite provides all the capabilities one would expect from a modern financial processing automation solution. e²gen offers the full range of financial message management facilities, such as SWIFT FIN/ XML, SWIFT FileAct, RTGS, local clearing and many more. Aqua Global’s mission to create value beyond pure automation has led e²gen to offer various forms of message enrichment as well as simply creating and transforming messages in the right formats. e²gen offers an intelligent message repair service that learns as it goes to ensure much greater accuracy in message submission and hence lower charges whilst improving STP.

About Recarta: Recarta is a highly regarded advisor for designing, implementing, hosting and managing complex IBM solutions and have successfully developed numerous financial clients both onshore and with a number of clients in the Channel Islands. Recarta’s hosted and managed solutions to Independent Software Vendors has been a catalyst for clients to move from a CAPEX model to an OPEX model – even for applications relying on complex and secure IBM Power Servers.

Recarta enjoys the status of being an IBM Storage and Power Specialty Partner, accredited for IBM i and p, whilst also being able to design and sell the full suite for IBM Software solutions including, DB2, Information Management, Infosphere, Lotus, Rational, and Tivoli.