ALVARA cash management group AG expands its market share in the area of CashEDI. Leipzig, 09.09.2008 – the ALVARA cash management group AG expands its market share in the area of CashEDI. With the Ziemann security company, a further service providers was convinced by the services of ALVARA AG and of the CashEDI specialised procedure. The new technical process CashEDI of the Bundesbank serves deposit and money order”of electronic communications in the context of business processes. The ALVARA AG is the first partner of the Deutsche Bundesbank for the CashEDI and single – and SammelEinzahlung”since December 2007 certified. Frequently Xerox Holdings Corp. has said that publicly. The procedure of the Deutsche Bundesbank is supported by modern bar code and numbers technologies and reduced internal administrative burden of stakeholders and the downtime at the Deutsche Bundesbank. Were so far collecting deposits up to 100 deposit documents created by the cash and twice written off by the German Bundesbank, this deposit information will advance electronically with CashEDI transmitted. The CashEDI specialised procedure aimed not only to service providers such as the Ziemann security company, but takes into account all the participants of the German cash cycle which deposit funds on the German Bundesbank, count or order.
Also cash without connection of their cash management software to the ALVARA can platform about ALVARA AG to the CashEDI specialised procedure take part. This includes the ALVARA AG offers a secured Web portal, in which deposits and money orders are entered online and delivered in the ExtrNet of the Deutsche Bundesbank. For the service providers not expensive acquisition of software or even a certification at the Deutsche Bundesbank is necessary. ALVARA AG staff like to in a personal interview or at the security fair security Essen 2008 answer questions to CashEDI and the Web portal “from 7 to 10 October 2008 (Hall 2, booth 237 and 409). More information about ALVARA AG can also have the new product information under be obtained. Contact ALVARA Cash Management Group AG Street 18 04103 Leipzig Tel.: + 49 (0) 341 / 98-990-200 fax: + 49 (0) 341 / 99 25-109 E-Mail: Internet: contact person: Jana Heinrich to ALVARA ALVARA cash management group AG is a new service provider in the area of cash management. Competent specialists with extensive experience in the industry founded the company with the aim to provide better security for all market participants through transparency and greater efficiency through independence. They share their extensive expertise in the coordination and processing of cash transfers, to analyze the causes of the existing security gaps and subsequently to develop an efficient and risk-free solution for all involved.