Case Study www .axw a y .com 1 STET Largest Automated Clearing House in Europe uses Axway Gateway to Process 13 Billion Payments Yearly STET’s CORE system provides real-time processing of clearing and settlement services to a community of over 500 financial institutions in France, which are associated by direct and indirect membership. STET launched the CORE system on January 28, 2008 to meet the requirements for extensive changes in the European payment industry brought about by the launch of the SEPA 1 Schemes. STET was founded in December 2004 by six major French Banks: Banque Fédérative du Crédit Mutuel, BNP Paribas, Caisse d’Epargne, Banque Populaire, Crédit Agricole SA, and Société Générale. The processing services STET offers cover a wide range of payment instruments comp

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