London, UK – 4th September 2009 - Accuity’s acquisition of CB.Net in December 2008 merged two of the world’s largest payment data providers, creating the industry’s first truly “Golden Copy” of critical payment routing data. This acquisition has made Accuity the largest, most comprehensive payments data provider globally with more Standard Settlement Instructions (SSIs) than any other company in the industry. Accuity’s Golden Copy offers the industry a single source of payments data, covering all bank offices worldwide to help improve rates of payment STP and reduce costs.

Accuity has a significant presence in the global payments industry with an existing customer base of over 17,000 clients in more than 150 countries. Accuity alone offers the combination of data elements necessary to create perfect payment instructions: such as SSIs attached to BICs and national routing codes; the breadth of coverage to facilitate all payments globally; and the frequency of updates to ensure the most accurate information available. More so, Accuity’s clients are using Accuity’s global payment data to drive intelligent payment routing, optimising flows across RTGS and ACH clearing systems, and realising improved margin in their payment operations as STP rates increase.

As the largest, most comprehensive payment data provider, Accuity global payments data has the industry’s most coverage of bank offices, their correspondents, and financial SSIs – an information set that grows and changes on a daily basis. These complex sets of data are collected, normalised, validated and distributed through Accuity’s “10 Step Process for Accuracy and Quality”, the basis for Accuity’s approach to all of its solutions. Upon completion of the process, Accuity’s well-established SSIPublishingKey™ then allows for an open daily update with all banks worldwide. Accuity makes over 3,000 changes per month to information concerning BICs, details of correspondent banks, account numbers, currency and departments, and over 500 daily changes to all of the data elements Accuity maintains.

In addition to the extensive efforts undertaken to proactively collect and verify payments data, Accuity partners with key financial institutions, payment service providers and industry bodies including the Euro Banking Association (EBA), European Payments Council (EPC), American Bankers Association (ABA), Irish Payment Services Organisation (IPSO) and SWIFT to secure the most complete source of bank and payments data available. These initiatives enable Accuity to offer the most up-to-date and comprehensive source of information, which is critical to creating accurate payment instructions and improving payment efficiency.

“The merger of the two companies means we’re now better able to collect, maintain and deliver the most accurate payments data available.” said Hugh Jones, President of Accuity. “With over 500 key data changes daily, we provide our customers with the most current, best quality, mission-critical data they require to process payments efficiently and maintain a competitive advantage.”

Accuity’s market-leading payments products now include The Global Banking ResourceTM, Global Payment FileTM, IBAN File, IBAN Payment Resource, BroadcastAlertTM and BroadcastSearchTM. These products offer a wide range of critical payments data including SWIFT/BICs, active and inactive national clearing codes, Correspondents, SSIs, SEPA Credit Transfer Adherence Participants and IBAN routing information.

To learn more about how Accuity's Payment and Compliance solutions are helping businesses worldwide please visit us at Sibos on Stand 3G04. Alternatively please feel free to book a meeting by e-mailing us directly at This email address is being protected from spambots. You need JavaScript enabled to view it. or via our Sibos Web site at www.AccuitySolutions.com/Sibos2009.