About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Accuity/CB.Net Working with IPSO for Irish National Sort Codes Database

Subscribe to our newsletter

Following its acquisition of CB.Net earlier this year, payments reference data vendor Accuity has now begun work with the Irish Payment Services Organisation (IPSO) to provide services to manage its National Sort Code (NSC) Directory. The vendor has already implemented the European Payments Council (EPC) Single Euro Payments Area (SEPA) Register of Participants and the European Banking Association (EBA) Priority Payments Central Repository and is now working to help IPSO develop the new management system for its NSC database.

The NSC data includes bank sort code numbers and related bank branch information used by IPSO members in payment systems and clearing in the Republic of Ireland. The database is available through a web search facility and through standard download formats.

Accuity/CB.Net is providing the infrastructure through its CodeX Code Management platform. IPSO hopes that it and its member banks will be able to manage the sort code database in a faster and far more efficient way as a result of the implementation. IPSO will therefore maintain administrative control over the system but allow members to access and update their own information.

Pat McLoughlin CEO of IPSO, explains the benefits of the new system: “Banks will be able to update their back office systems more readily and up to the minute branch details will be available to the banks’ corporate customers enhancing their payment straight through processing capabilities and reducing rejected payments.”

Possible future enhancements include making the NSC database SEPA compliant with the addition of identifying and routing BICs.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Mastering Data Lineage for Risk, Compliance, and AI Governance

Financial institutions are under increasing pressure to ensure data transparency, regulatory compliance, and AI governance. Yet many struggle with fragmented data landscapes, poor lineage tracking and compliance gaps. This webinar will explore how enterprise-grade data lineage can help capital markets participants ensure regulatory compliance with obligations such as BCBS 239, CCAR, IFRS 9, SEC requirements...

BLOG

AI in Focus as Experts Meet in UK Capital for Data Management Summit London

Artificial intelligence has dominated the data management conversation in the past couple of years as organisations have recognised the technology’s potential to streamline operations, improve decision making and draw value from the data they use. A-Team Group has responded to the growing demand for intelligence on AI and has given the technology a keen focus...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...