Global PAYplus - Services Platform

KEY FEATURES

  • A complete payments platform and Payments Services Hub
  • Designed and built from the ground up – 100% SOA
  • Rules-based System super-charges SOA flexibility
  • Deep experience with large-scale complex implementations
  • Connected to the Fundtech Services Platform

Global PAYplus – Services Platform: A New Generation Payments Platform and Payments Services Hub

Fundtech continues its commitment to innovation with Global PAYplus – Services Platform (SP), a SOA-based payments platform that can be configured as a Payments Services Hub. It offers many exclusive features and benefits that you would expect from the payments industry leader.

Global PAYplus – SP is your single consolidated payments platform offering the services and orchestration that facilitate execution of different payment types: High Value/ High Care Payments, Mass Payments, SEPA Payments, UK Faster Payments, and others with a common payments infrastructure, processes and procedures you will simplify operations and reduce operating expenses.

Financial institutions can consolidate its silos of legacy payment operations into a common shared payments service that is globally deployed yet locally controlled. Global PAYplus - SP functionality is used to deploy new solutions rapidly by connecting and orchestrating channels, legacy payment execution systems, and supporting back office systems. Payment operations enjoy the benefits of flexibility and speed of a business-centric IT approach through a set of linked, reusable business tasks or services. You’ll reduce your overall hardware and software complexity and cost.

Designed and Built From the Ground Up: 100% Pure SOA

Fundtech designed and built Global PAYplus – Services Platform from the ground up as a 100% ISO 20022- compliant SOA platform. Its strict adherence to industry standards makes integration with your existing technology infrastructure faster, easier and more predictable. It also enables you to reuse components across your enterprise, improving speed-to-market of new products while improving return on investment.

Super-Charge SOA Flexibility with uControl Rules System

Global PAYplus – SP combines the agility of SOA with the flexibility of a rules-based system, offering a breakthrough that is unlike any other system on the market today. The Global PAYplus – SP rules engine was designed to work in a global environment, and was designed around the language of business users. Rules can be applied with no need for programming. Users can develop new products and services by combining existing functionality with workflows. By eliminating the need to re-code, they are saving money while significantly improving their time-to-market competitiveness.

Unmatched Experience: Fundtech’s Successful Delivery Record with Large Bank Installations

No other payment systems provider has Fundtech’s depths of experience in developing and deploying highly scalable modern payment systems around the globe – multiple countries, multiple entities, multiple regulators, and multiple languages. You benefit from our deep bench strength of professionals who have experience with the complexities of massive scale global operations, as well as the customized needs of regional and purely domestic banks.

GPP-SP is live around the world – from Japan to America, from New Zealand to Sweden – processing both RTGS and cross border payments, local and foreign currency, while adhering to international as well as domestic guidelines and regulations.

Connected to the Fundtech Services Platform

Global PAYplus – SP is the central element of the Fundtech Services Platform that includes a set of standard, integrate-able services encompassing: cash and liquidity management, financial messaging such as SWIFT, and financial supply chain services like trade finance, electronic invoice presentment, and mobile corporate banking. When you install Global PAYplus- SP you’ll have the benefit of adding the full range of Transaction Banking functionality from a single vendor – Fundtech.

DATA SHEETS

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BENEFITS

  • Achieve industry-leading STP rates and minimize manual processing using GPP-SP’s uControl rules-based workflow engine
  • Introduce new payment products to market in record time with minimal IT involvement
  • Increase customer satisfaction by providing enhanced self service capabilities and superior visibility into payment initiation and processing
  • 4Transform the economics of your payment management infrastructure. GPP-SP’s flexible deployment model reduces your upfront costs, while its superior processing automation lowers your operating expenses
  • Free up critical IT resources to focus on technology management. Changes to business processes previously done by IT via product configuration and tactical coding can now be delegated to Business and Product analysts using GPP-SP’s uControl workflow engin
  • Reduce ongoing support & infrastructure costs and simplify your payments infrastructure support by consolidating on a single platform that manages most payment types and interfaces with a multitude of global clearing and settlement, FX, and reporting syst
  • Minimize integration costs by deploying a SOA-based application that fits seamlessly in your multi-vendor environment
  • Reduce your operational risk by deploying a standards compliant system that natively supports ISO 20022, XML, and industry standard ESBs. Additionally, most functional changes to GPP-SP’s setup involve no system downtime
  • Drive down your operating costs: Reduce training expenses / Standardize customer management by consolidating on a single payments management solution / Deploy across single or multiple physical/logical entities to mirror your real-life operations
  • Access mission-critical operational data on-site or remotely, using GPP-SP’s GUI or standard interfaces to leading Business Activity Monitoring tools