“Caisse des Dépôts selects Diamis’ CRISTAL software package”
Paris, 8 February 2016
Caisse des Dépôts has selected CRISTAL software package from Diamis, an Atos joint venture with Sopra Steria, for performing control of financial outflow and intraday liquidity management.
CRISTAL is the market leading solution for banks participating in Target2. The CRISTAL User Group includes several Target2 Critical Participants and defines evolutions of the software in compliance with regulatory changes as well as in regards of constantly more demanding business requirements for intraday liquidity management.
CRISTAL implements the monitoring of urgent or high-value payment settlement in Target2 and efficient control of outflows. It enables actual proactivity in liquidity management and facilitates settlement of timely obligations through fine tuning of the intraday position. Thus it enables to reduce settlement risk and intraday liquidity risk.
CRISTAL also implements real-time position monitoring and the use of Target2 liquidity management features through secured application-to-application connection to the ICM.
Raymond Ban, CEO of Diamis said: “We are honoured to welcome the two-hundred years old Caisse des Dépôts among CRISTAL User Group. With CRISTAL maintenance, Caisse des Dépôts already acquires –as for our other clients- the guarantee of secured migration of its Target2 operations to ISO20022.”
An Atos and Steria joint venture, Diamis is a leading supplier of cash and liquidity management solutions. Diamis delivers innovative software packages that support efficient payment processing and liquidity management.
Diamis' customer banks represent 15% of euro High-Value Payments and securely settle more than EUR 500 billion per day with CRISTAL.
Diamis software packages are defined by our Customer User Groups of major European banks and guarantee long term adequacy with business and regulatory requirements.
Atos SE (Societas Europaea) is a leader in digital services with 2014 pro forma annual revenue of circa € 12 billion and 100,000 employees in 72 countries. Serving a global client base, the Group provides Consulting & Systems Integration services, Managed Services & BPO, Cloud operations, Big Data & Cyber-security solutions, as well as transactional services through Worldline, the European leader in the payments and transactional services industry. With its deep technology expertise and industry knowledge, the Group works with clients across different business sectors: Defense, Financial Services, Health, Manufacturing, Media, Utilities, Public sector, Retail, Telecommunications, and Transportation.
Atos is focused on business technology that powers progress and helps organizations to create their firm of the future. The Group is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and is listed on the Euronext Paris market. Atos operates under the brands Atos, Atos Consulting, Atos Worldgrid, Bull, Canopy, Unify and Worldline.
About Sopra Steria
Sopra Steria, European leader in digital transformation, provides one of the most comprehensive portfolios of end to end service offerings in the market: Consulting, Systems Integration, Software Development, Infrastructure Management and Business Process Services. Sopra Steria is trusted by leading private and public organisations to deliver successful transformation programmes that address their most complex and critical business challenges. Combining high quality and performance services, added-value and innovation, Sopra Steria enables its clients to make the best use of information technology. With 37,000 employees in over 20 countries, Sopra Steria had pro forma revenue of €3.4 million in 2014. Sopra Steria Group (SOP) is listed on Euronext Paris (Compartment A) - ISIN: FR0000050809
For more information, please visit our website www.soprasteria.com
For more information, please contact:
Anne de Beaumont
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