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Testimonials
“Bank Mizrahi Tefahot is working with STP house professional team for several years now. The bank receives from STP house excellent year-round 24*7 services , onsite consultancy and projects execution – financial messaging expertise with the highest professional level”
Daniel Dotan
Division head of Banking applications, Bank Mizrahi“STP house has performed successfully a state of the art and strategic financial communication project for our bank and is providing us managed service and 24*7 support since 2012. We value their professional services”
Doron Pelach
CIO, Bank of Israel“I highly recommend STP house services for any young startup. The value they gave me was tremendous with minimal upfront investment and minimal OPEX. Not only my first customers received excellent support services around the clock but also they have assited me to prepere the full KPIs and documentation required to support them”
Kurt Vanderbroke
ANCOA Founder and CEO“We work closely with STP house for several years and the team demonstrated high professional level and expertise”
Patrick Wuyts
Head of AMH Integration Service, SWIFTOur clients
Customers Success Stories
RTGS implementation for a central bank
Challenge
Design and implement a replacement of real time gross settlement solution for a central bank.
Solution
After mapping the existing system configuration and new functionalities required by the customer
STP house team designed and implemented an end to end solution based on a modern java messaging system.
To enhance the existing functionality, we developed additional software such as a network operations
center monitoring system and an automated bulk/debulk tool set.Benefit
The bank replaced a messaging system that was approaching its end of life with a new cutting-edge
technology that is expected to support the bank's existing and future business and operational
requirements for many years to come.Our in-house custom developments improved the bank's automation and monitoring processes,
making manual operational processes redundant and significantly shortening the average time of identifying
and resolving operational issues.Project delivery for a Tier-1 bank
Challenge
Deliver an A-Z Merva core system replacement project
Solution
STP house team provided requirements consultants, developers, QA testers, team leaders and
project managers to lead a complex Merva replacement project to success.Benefit
Taking full ownership of the project throughout its lifecycle reduced the bank's risk and cost with a
successful delivery ahead of the planned timelines.The bank managed to replace a core system with a high-quality solution and with zero production issues.
Introducing a compliance system to a
European stock exchangeChallenge
Establish an automated real-time surveillance solution for fraud detection and regulatory compliance.
Solution
STP House led this project throughout its life cycle by analyzing requirements, design,
installation and customization of an innovative surveillance system.Benefit
The stock exchange replaced a T+1 manual process with a fully automated real-time system,
thus improving detection and response time while saving manpower cost.The system's sophisticated algorithms combined with a customized fine-tuning process expanded the range
of fraud schemes detection and reduced the amount of false positive cases.Tools and customized reports allowed more efficient investigations and improved the interface with the regulator.
One stop managed Swift service for a commercial bank
Challenge
Provide a quality service to cater for all the bank's ongoing Swift needs.
Solution
STP house allocated a team of Swift professionals who took ownership over the bank's Swift network infrastructure
maintenance, AMH development, change management, QA, upgrades, project management and 24/7 support.Benefit
The bank has one focal point in charge of its entire Swift domain. A 24/7 premium support SLA allows fast issues
resolution and minimal downtime. Our team's proactive maintenance approach reduced production issues
to the minimum. All Swift systems' upgrades and production roll outs have been proven success.Innovative regression tests solution post major
Swift system changes in a commercial bankChallenge
A full proof automated solution for performing real life regression tests following an upgrade or a
major configuration change.Solution
STP house developed a flow verification tool that records real production traffic and uses it to perform
full regression tests on the bank's test systems.Benefit
Achieving comprehensive test coverage based on real and varied data rather than synthetic data.
The solution saved time as well as higher confidence in the results by performing the regression
tests in an automated process.Reduced costs by using an internal emulator to replace Swiftnet paid test messaging.
Anti-hacking system for a swift customer
Challenge
Provide an effective security layer between the back office and the network to prevent unauthorized
generation or change to Swift messages.Solution
Install STP House's sophisticated Message$hield system that monitors the bank's traffic and alerts
in real time of any hacking attempt.Benefit
An additional protection layer that reduces the risk of fraud by hacking at any point along the message flow.
Shortening the investigation process by allowing a top down investigation approach and complete traceability.Improving compliance with SWIFT CSP regulations by shielding the bank from potential cyber risks.
RTGS implementation
for a central bankChallenge
Design and implement a replacementof real time
gross settlement solution for a central bank.Solution
After mapping the existing system configuration
and new functionalities required by the customer
STP house team designed and implemented an end
to end solution based on a modern java messaging system.
To enhance the existing functionality, we developed
additional software such as a network operations center
monitoring system and an automated bulk/debulk tool set.Benefit
The bank replaced a messaging system that was approaching
its end of life with a new cutting-edge technology
that is expected to support the bank's existing and future
business and operational requirements for many years
to come.Our in-house custom developments improved the bank's
automation and monitoring processes, making manual
operational processes redundant and significantly shortening
the average time of identifying and resolving operational issues.Project delivery for a
Tier-1 bankChallenge
Deliver an A-Z Merva core system
replacement projectSolution
STP house team provided requirements consultants,
developers, QA testers, team leaders and roject managers
to lead a complex Merva replacement project to success.Benefit
Taking full ownership of the project throughout its
lifecycle reduced the bank's risk and cost with a successful
delivery ahead of the planned timelines.The bank managed to replace a core system with a
high-quality solution and with zero production issues.Introducing a compliance
system to a European stock
exchangeChallenge
Establish an automated real-time surveillance solution
for fraud detection and regulatory compliance.Solution
STP House led this project throughout its life cycle by
analyzing requirements, design, installation and customization
of an innovative surveillance system.Benefit
The stock exchange replaced a T+1 manual process with
a fully automated real-time system, thus improving detection
and response time while saving manpower cost.The system's sophisticated algorithms combined with a
customized fine-tuning process expanded the range of
fraud schemes detection and reduced the amount of false
positive cases.Tools and customized reports allowed more efficient
investigations and improved the interface with the regulator.One stop managed Swift
service for a commercial bankChallenge
Provide a quality service to cater for all the bank's
ongoing Swift needs.Solution
STP house allocated a team of Swift professionals who
took ownership over the bank's Swift network infrastructure
maintenance, AMH development, change management, QA,
upgrades, project management and 24/7 support.Benefit
The bank has one focal point in charge of its entire Swift
domain. A 24/7 premium support SLA allows fast issues
resolution and minimal downtime. Our team's proactive
maintenance approach reduced production issues to the
minimum. All Swift systems' upgrades and production roll
outs have been proven success.Innovative regression tests solution
post major Swift system changes in a
commercial bankChallenge
A full proof automated solution for performing real life
regression tests following an upgrade or a major
configuration change.Solution
STP house developed a flow verification tool that records
real production traffic and uses it to perform full regression
tests on the bank's test systems.Benefit
Achieving comprehensive test coverage based on real
and varied data rather than synthetic data.The solution saved time as well as higher confidence
in the results by performing the regression tests in an
automated process.Reduced costs by using an internal emulator to replace
Swiftnet paid test messaging.Anti-hacking system for
a swift customerChallenge
Provide an effective security layer between the back office
and the network to prevent unauthorized generation or
change to Swift messages.Solution
Install STP House's sophisticated Message$hield system
that monitors the bank's traffic and alerts in real time of any
hacking attempt.Benefit
An additional protection layer that reduces the risk of
fraud by hacking at any point along the message flow.
Shortening the investigation process by allowing a top down
investigation approach and complete traceability.Improving compliance with SWIFT CSP regulations by
shielding the bank from potential cyber risks.
