Italian payments company SIA and Intercope, a German technology player that develops solutions for access to financial networks, have bolstered their partnership also in Germany.
The collaboration between the two firms, already active in the Italian market, will permit services of SIAnet network for the secure transport of data and information flows relating to financial transactions to be extended to German banks.
These services meet the technology and security requirements necessary for Systemically Important Payment Systems (SIPS).
The companies provide banks a unique network solution capable of managing the automatic routing of data traffic towards the various providers.
This partnership will allow the German, and more generally the European financial community, to ensure business continuity, the security and confidentiality of data, and reliability of execution also in the case of peaks in network traffic.
Through this partnership, the companies aim to enable the German and the European financial firms to ensure business continuity, the security and confidentiality of data, and reliability of execution also in the case of peaks in network traffic.