Sterling Commerce and the Perago companies will work together in the development and distribution of a comprehensive packaged real-time gross settlement (RTGS) participant solution designed to enable banks to integrate seamlessly between the central RTGS system and their own back-end core banking applications. The new solution will also provide message enrichment at the individual participant bank level to enable optimal utilization of the functionality offered by the Perago:RTGS solution.

The solution brings together the Perago:RTGS application expertise provided by Perago, the practical hands-on integration experience of Perago Africa and the Sterling Commerce experience in enterprise integration, leveraging the intimate SWIFT knowledge of the partners.