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Simplex Consulting is one of Europe's leading financial technology consultancies focusing on business change, systems implementation and STP within the Banking, Securities and corporate treasury marketplaces. Simplex was established in 1997 to provide a high quality systems implementation service focusing on the middleware and evolving STP and exception based processing requirements of financial institutions. Simplex focuses on Systems Integration, Systems Implementation and Straight Through Processing (STP) related consultancy and can provide experienced resources for an entire project lifecycle, including System Selection, Project Management, Business Analysis, Technical Analysis and testing related services. In 2003, Simplex added a new focus to its successful consulting business - providing services to the SWIFT community. In March 2003, Simplex became an accredited SWIFT Service Partner, and launched a range of services supporting the SWIFTAlliance user community. In December 2003, Simplex gained approval from SWIFT to operate a SWIFT Service Bureau, offering an outsourced SWIFTNet connectivity service, and a range of value added outsourced applications. In 2004, Simplex launched its Securities Administration System (SecAS) offering Securities Firms an integrated buy-side back- and middle-office platform and its Payments Administration System (PayS) offering Banks and Corporates an integrated payments platform for corporate cash management. In 2005, Simplex extended the SWIFT Service Bureau into the corporates arena, launching its Banking Corporates Administration System (BanCAS) offerng Banks a white-label SWIFT MA-CUGs platform for their corporate clients.