BAPS takes on BACS
British Airways Pension Services (BAPS) has ordered new internet-enabled BACS software from Albany.
The software, which is compliant to BACS new online BACSTEL-IP system, will provide BA with faster reporting and tighter control over its electronic transactions.
Jeff Gager, systems development manager at BA Pensions Services Limited, said: ‘The key driver for the implementation of ALBACS-IP was the 2005 deadline for moving across to the new BACS infrastructure. We were very keen to achieve compliance at an early stage in order to order to avoid a last-minute rush as the deadline approaches.’