STP Accelerator
STP Accelerator™ enhances automated straight through processing of payments by utilizing enhanced message repair and enrichment capabilities. Using fuzzy matching technology, lexicons, and comprehensive reference data, the system creates a message model that is paired with a set of customizable rules to repair and enrich the message.
STP Accelerator supports all primary industry message formats; all automatic repairs and enrichments are fully audited and are assigned a confidence score to determine the necessity for manual intervention or review.
Business Benefits
- Enables Financial Institutions to process electronic payments with highest level of Straight Through Processing, efficiency, and customer differentiation
- Drives new revenue and enhances customer service through increased capacity and better customer experience
- Improved quality of outbound messages results in reduction of fees paid to other Financial Institutions
- Reduces number of operators required to perform manual repair and operator errors
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Key Features
- Reduce the need for manual intervention or review of messages
- Supports all primary industry message formats
- Automated repair and audit ensures acceptable risk levels
- Enhanced flexibility in quality and structure of messages
- Customizable message rules
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IT Benefits
- Deployed as part of Fundtech's Global PAYplus payment system, or as a stand-alone solution
- Changes to rules and reference data are fully audit-trailed with before and after images for enhanced security
- Flexible implementation allows deployment as a web service, a fully compliant SOA service, or utilizing legacy integration options
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Key Features
- Reduce the need for manual intervention or review of messages
- Supports all primary industry message formats
- Automated repair and audit ensures acceptable risk levels
- Enhanced flexibility in quality and structure of messages
- Customizable message rules
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Operational Benefits
- Auto-repair capability delivers enhanced operating efficiencies and reduces complexity and costs
- Provides STP education reports and statistics to aid customer in improving the quality of their messages
- Automatic repairs and enrichments are assigned a confidence score to determine the necessity for manual intervention, thus minimizing duplication, complexity, and inconsistencies
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Key Features
- Reduce the need for manual intervention or review of messages
- Supports all primary industry message formats
- Automated repair and audit ensures acceptable risk levels
- Enhanced flexibility in quality and structure of messages
- Customizable message rules
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