PRINCETON, N.J., April 16, 2012 /PRNewswire/ -- Akshay Software International, Inc., a SWIFTReady Services Provider, SWIFT Service Bureau, and SWIFT Value Added Reseller, announced today that it has implemented the sophisticated enhanced monitoring & control features that are part of Alliance Access 7.0 for a major corporate client.
Earlier versions of the Alliance Access had the capability to automate the generation of alerts when errors occurred. On receiving these alerts, the errors then had to be corrected manually.
The new features add the capability to automate both error detection and error correction. The initial implementation automatically corrects the most common Alliance Access errors. This reduces the time to correct errors and thereby increases system availability.
Akshay plans future implementations that will enhance this capability still further.
Akshay also plans to implement these features for its Service Bureau operation.
"The successful implementation of these advanced and technically sophisticated features reinforces our commitment to provide our customers with the very best that SWIFT technology has to offer," said B.V. Venkat, Senior Vice President of Akshay. "Our goal is not just to be a technology leader but to translate this leadership into superior service for our clients. With the implementation of systems that are able to automatically detect and correct errors, we have taken a giant leap forward towards our goals."
Akshay's US presence, incorporated in 1993, focuses on delivering consulting and professional services to all major communities of SWIFT users: Banks, Broker/Dealers, Corporates, Custodians, Investment managers, and Securities Market Infrastructures. As a SWIFTReady Services Provider, SWIFT Service Bureau, and SWIFT Value Added Reseller, Akshay is positioned to deliver the full range of SWIFT products, services and solutions, including their implementation, maintenance, support and training. Through proven performance, Akshay has earned a reputation for delivering and providing to its clients high quality value-added SWIFT services on complex and innovative projects, often being among the first in the world to install and/or operate a certain or particular SWIFT component.
Akshay was founded in India in 1987. Akshay is headquartered in Mumbai (India), has offices in Dubai (UAE) and Princeton, NJ (USA) and is affiliated with representatives in Los Angeles, and Miami/Caribbean regions.