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Akshay Press Release – 16 April 2012

Akshay Implements Enhanced Monitoring & Control for Alliance Access

New Capability provides for automatic correction of errors

(Princeton, NJ – 16 April 2012) – Akshay Software International, Inc., a SWIFTReady Services Provider, SWIFT Service Bureau, and SWIFT Value Added Reseller, announced today that it has implemented the sophisticated enhanced monitoring & control features that are part of Alliance Access 7.0 for a major corporate client.

Earlier versions of the Alliance Access had the capability to automate the generation of alerts when errors occurred. On receiving these alerts, the errors then had to be corrected manually.

The new features add the capability to automate both error detection and error correction. The initial implementation automatically corrects the most common Alliance Access errors. This reduces the time to correct errors and thereby increases system availability.

Akshay plans future implementations that will enhance this capability still further.

Akshay also plans to implement these features for its Service Bureau operation.

“The successful implementation of these advanced and technically sophisticated features reinforces our commitment to provide our customers with the very best that SWIFT technology has to offer", said B.V. Venkat, Senior Vice President of Akshay. "Our goal is not just to be a technology leader but to translate this leadership into superior service for our clients. With the implementation of systems that are able to automatically detect and correct errors, we have taken a giant leap forward towards our goals".

For more information contact:
Mr. B.V. Venkat
Akshay Software International, Inc.
+1 609 945 2963
bvv@akshay.com
www.akshay.com

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