Single Euro Payments Area End Date & Migration
Capgemini's SEPA services and solutions can help you meet the fast-approaching compliance deadline.
The key deadline of February 1, 2014 for SEPA compliance for the Eurozone is fast approaching. According to the World Payments Report 2013, as of June 2013 SEPA credit transfers (SCTs) represented 47.0% of the total credit transfers across the Euro area, with volumes amounting to Euro 284.3 million. At the same time, the percentage of direct debits made with SEPA direct debits (SDDs) was just 3.7% and the volumes amounted to Euro 22.7 million.
Capgemini delivers end-to-end support to help financial institutions realize SEPA through:
- Program management. Tie together multiple initiatives under your SEPA vision through a program management office (PMO). Our SEPA PMO services can help you manage multiple programs to realize SEPA vision.
- SWIFT services. Simplify your messaging requirements with our SWIFT service bureau. Where you choose to access the SWIFT network directly, we can help your upgrade efforts with testing accelerators for SEPA messages.
- BBAN to IBAN migration. We developed an industrialized methodology to support this process and deliver it in a factory-based mode to assure planned performance.
- Test factory. Our industry-leading global testing capability is delivered through our Rightshore® network to support your testing needs.
- SDD mandate management. Comply with the mandate management requirements of SDD by leveraging our experience with Sentenial and other specialized vendors.
- People readiness. Our SEPA education and training services can help bring your people up to date
Contact our Experts
Follow our experts: Jean Lassignardie and David Wilson.
Contact Us
Learn about the evolving SEPA landscape in the World Payments Report 2013 or contact us at payments@capgemini.com.
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