SLIB, a specialist in software solutions for capital markets, has been selected by ProCapital to develop a new software solution for processing securities transactions.
Co-designed with ProCapital’s teams, the new SLIB platform will accelerate the digitization, standardization of exchanges, and accounting of all types of events covering the life cycle of securities.
It will be gradually integrated into ProCapital’s back office and fully deployed by the end of 2026 to ProCapital’s financial institution and insurance company clients.
This pooling of knowledge and experience between SLIB and ProCapital on a critical process is a key success factor for the development of SLIB’s new offering.
Philippe Ruault, CEO of SLIB, said: “This partnership is fully in line with strengthening our value proposition, enabling us to offer ever more innovative solutions tailored to the needs of our clients and the market. “
Indeed, SLIB and ProCapital are responding to a fundamental trend aimed at improving the operational efficiency of securities processing, particularly with a view to T+1 in Europe.
Alexandre Grimault, Chairman of the Executive Board of ProCapital, said: “Combining the expertise of the SLIB and ProCapital teams, two of the most recognized specialists in the securities field, allows us to strive for excellence in the services we offer our partners who have entrusted us with the account management and custody of their clients.”
About SLIB
SLIB is a software publisher and trusted partner to the financial services industry. SLIB’s solutions cover front, middle, and back-office securities (OMS, middle office, clearing, settlement, account management) as well as clearing risk management. SLIB also develops and markets electronic voting solutions under the eklesio brand (general meetings, professional elections, consultations, etc.).