Essentis Card Management System to Speed Time-to-Market for Product Launches and Development of New Services
STOCKHOLM - SchlumbergerSema, a business unit of Schlumberger Limited (SLB:NYSE), today announced that the Norwegian software house EDB Fellesdata AS has chosen its Essentis solution to manage its credit and payment card processing operations.
The SchlumbergerSema Essentis solution manages the core processing functions that are crucial to payment card processing, including card issuance and merchant acquisition, as well as management of clearing and settlement between card processing organizations and major payment networks. The Essentis system is compliant with Europay, MasterCard, Visa and JCB.
EDB Fellesdata will install the SchlumbergerSema Essentis Issuer system to manage its credit card issuing and transaction processing services, and the Essentis Interchange system for managing the interchange process with the payment networks.
"The SchlumbergerSema Essentis solution is a more sophisticated software platform," said Eva Trasti, head of Payment Systems, EDB Fellesdata. "Converting our existing credit card processing operations onto the Essentis system will enable us to expand and improve the payment card services that we offer our customers within the banking and finance market."
"EDB Fellesdata's decision to select the Essentis solution once again illustrates the high quality system that SchlumbergerSema has developed," said Carina Carlstr?m, manager, Financial Services, SchlumbergerSema. "EDB Fellesdata has been using payment card processing software from SchlumbergerSema for the last five years, and we are looking forward to continuing our close working relationship as they convert their card operations to our Essentis system."
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About EDB Fellesdata
EDB Fellesdata, a wholly owned subsidiary of EDB Business Partner ASA, is the largest software house in Norway offering IT solutions and services to the Norwegian financial industry. Through its subsidiaries, EDB Fellesdata has a sales and distribution presence in Benelux, Poland, Sweden and the UK, and contracts with European retail and commercial banks and financial institutions. EDB Fellesdata provides card processing services to nearly 140 banks in Norway.
About SchlumbergerSema
SchlumbergerSema is one of two business segments of Schlumberger Limited, a global technology services company. With more than 30,000 employees serving customers in 65 countries, SchlumbergerSema aggregates consulting, systems integration, managed services and related products to the oil and gas, telecommunications, energy and utilities, finance, transport and public sector markets. Leveraging the DeXa* Suite of Services, it also provides IP network connectivity, information security solutions, distributed computing support services and data center hosting services. In 2001, Schlumberger revenues were $13.7 billion. For more information, visit www.slb.com
* Mark of Schlumberger
For further information, contact:
Thomas Carter
Marketing Communications Director
SchlumbergerSema
Tel: +46 851 70 52 52 or +46 708 51 52 52
tcarter1@slb.com
Eva Trasti
Head of Payment Systems
EDB Fellesdata
Tel. +47 22 52 82 78
© Press Release 2006
