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Payments conference to highlight changes within European payments landscape
30 November 2005

Eiger Systems (, Europe’s leading developer of validation and payment processing solutions, is to host ‘Payment Strategies 2006’ on Thursday 25th May at The Heritage Motor Centre, Gaydon, Warwickshire. Positioned as the most significant European payments event of the year, ‘Payment Strategies 2006’ will provide decision makers from the UK’s largest corporate organisations (including multinationals and global banks), with the latest information on a broad spectrum of important payment related issues.

“Payment Strategies 2006 will be the most significant strategic payments event in Europe next year”, believes Joy Stevenson, Event Organiser at Eiger Systems. “Speakers across the industry will explore, from a variety of perspectives, the issues that are currently dominating the payments landscape in Europe. Delegates will gain practical advice on how to best exploit the potential of their existing payment systems as well as an understanding of the impact increasing compliance and regulation is having on payment strategies. Central to the event is consideration of the implications of the European Payment Council’s recent decision to enforce the mandatory use of IBAN(1) and BIC(2) data in cross border Euro transactions(3) and the continued development of SEPA(4)”.

The event is expected to attract delegates from across industry and commerce, particularly senior finance and IT executives. ‘Payment Strategies 2006’ will feature presentations from Voca, key speakers from the corporate and banking sectors as well as Eiger Systems. All the key industry organisations and UK clearing banks are expected to attend, many of which will be participating in an industry exhibition that accompanies the event.

The Heritage Motor Centre is centrally situated a few minutes drive from Junction 12 of the M40 and within close proximity to all major motorway routes in the Midlands. National and international rail and airport links are similarly convenient.

For more information please visit or telephone +44 (0) 1788 554800.

(1) International Bank Account Numbers are a standard method for representing domestic account information or Basic Bank Account Numbers (BBAN) in a harmonised format

(2) Bank Identifier Codes are used to route a payment to a branch or payments centre that can handle the transaction

(3) Credit transfers in Euros between EU countries up to the value of 12.5K€ (to 31st December 2005) or 50K€ (from the 1st January 2006)

(4) Single European Payments Area

About Eiger Systems Limited (


Eiger Systems Limited is the European market leader in the development and supply of data validation and payment processing software to support automated banking and e-commerce. Eiger Systems specialises in modular software that can be easily integrated with both existing and new business applications.

Eiger Systems’ solutions facilitate Straight Through Processing creating significant opportunities for cost and risk reduction.


Eiger Systems is an application and content provider, supplying clients with software, data and services to ensure they maximise the efficiency of their electronic payment systems.

Eiger Systems’ product and service portfolio includes:

* EigerPAY Gateway® for managing the entire BACSTEL-IP payment submission process from file origination to reconciliation
* BANK WIZARD® a single software solution which supports validation of bank account details for multiple countries
* BILLER WIZARD® for the validation of bill payments made from telephone or online banking systems

Eiger Systems’ products are available on a wide range of computer platforms, from PCs through to mainframe environments. Open and flexible APIs facilitate integration into customers’ existing business applications and robust design ensures that Eiger Systems’ products are fully scaleable and capable of accommodating any level of transaction processing. Eiger Systems’ commitment to customer quality extends throughout the development cycle, using the acclaimed Unified Modelling Language methodology, to class-leading technical support and renowned data integrity.


Founded in March 1997, Eiger Systems has expanded rapidly and sustained profitability each year since its foundation. Eiger Systems achieved a turnover in excess of £6m GBP for the financial year ending 31st March 2005.

Eiger Systems has been ranked, for the past two years, in the Deloitte European Technology Fast 500, achieving the position of 18th in the 2003 awards. Eiger Systems has also recently received a place in the ‘Sunday Times 100 Best Companies to Work For’ from over 12,000 entries. This achievement, together with the Investors in People accreditation, demonstrates the company’s commitment to people development.

Eiger Systems is an APACS Affiliate, an Associate Member of the Euro Banking Association, a SWIFT Solution Partner and a Microsoft Certified Partner. Eiger Systems currently employs over 75 people at its offices in Rugby, Warwickshire, UK.


Any organisation with a need to process payments electronically can benefit from the integration of a solution from Eiger Systems. Eiger Systems has over 750 clients throughout Europe including many household names within the financial services, retail, insurance, local and central government, utilities, telecomms, broadcasting and charitable sectors.

EIGER, the EIGER Logo, EIGERPAY, BANK WIZARD and BILLER WIZARD are registered trademarks owned by Eiger Systems Limited. All other trademarks are acknowledged.

Media enquiries:

David Ford
Ford-Peacock Consultancy Limited
+44 (0)1295 722213

This press release was distributed by ResponseSource Press Release Wire on behalf of Ford-Peacock Consultancy Limited in the following categories: Business & Finance, Computing & Telecoms, for more information visit