High Value Payments
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Global PAYplus™ supports high value domestic RTGS payments and multi-currency cross-border payments via SWIFT or custom connectivity to partners.
High Value Payment processing capabilities include: payment initiation through a Browser-based interface or from electronic feeder systems, balance look-up for credit risk control, regulatory interdiction, memo posting, automated fees and charges calculation, RTGS processing, and inquiry and audit trail.
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Business Benefits
- Adjusts to rightsized requirements for any bank
- Enables Financial Institutions to process electronic payments (High and Low Care, Urgent and Non-Urgent) with highest level of Straight Through Processing, efficiency, and customer differentiation - locally, globally, and across geographic regions
- Drives new revenue and enhances customer service through the use of rules and customer segmentation. Its powerful rule-based processing engine affords Financial Institutions significant flexibility to tailor processing workflows for maximum STP; for payment product differentiation in terms, fees and charging, notifications and other automated special handling for customer payments; and to meet any local or regional regulatory processing requirements
- Supports "white label" processing for external Financial Institutions, compartmentalizing each entity for privacy, accounting, and regulatory purposes
- Supports rapid entry into new markets though its unparallel coverage of payment market infrastructures (either directly, through companion gateways, or via partners)
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Key Features
- A platform for the delivery of innovative payment services
- Consolidated payment operations for greater efficiency
- Centralized control improves liquidity and risk management
- Custom-tailored operations and services with rules technology
- Customized pricing for multiple client segments
- Unlimited expansion capabilities
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IT Benefits
- The heart of Global PAYplus is its N-tier open systems architecture and multi-platform technology, providing global banks with a high performance, scalable and reliable infrastructure
- Through the use of open technologies and standards (UNIX/Windows, Oracle/SQL, SOA, XML), Global PAYplus offers an efficient services-enabled processing engine, with a low Total Cost of Ownership and a minimal support burden on in-house staff
- Through the use of processing rules, Global PAYplus empowers business staff to adapt system behavior to business requirements, without having to involve in-house IT staff or Fundtech
- Because users can configure Global PAYplus directly from the Graphic User Interface, there is no need for large in-house support IT staff with specialized application expertise
- Through the use of the zero footprint thin client, Global PAYplus allows users with appropriate security credentials access from bank locations anywhere in the world for payment entry, validation, repair, reporting, or system administration
- Global PAYplus provides a flexible interfacing structure to internal bank systems such as DDA, FX Clearing, OFAC Interdiction, and many others
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Key Features
- A platform for the delivery of innovative payment services
- Consolidated payment operations for greater efficiency
- Centralized control improves liquidity and risk management
- Custom-tailored operations and services with rules technology
- Customized pricing for multiple client segments
- Unlimited expansion capabilities
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Operational Benefits
- Supports operations at all levels of a global financial institution allowing separate operations at a specific level for example, the Country level, while allowing aggregation at the regional or global level delivering significant operating efficiencies and reducing complexity and costs
- Supports distributed access to, and centralized control of global payments operations, realizing improved productivity and increased cost-efficiencies. Supports the concept of the "follow the sun" operation
- Provides mechanisms to deliver advices and notifications to gateways and advising engines, and close the information loop in a customer friendly way
- Follows the concept of the "Gold Source" for Static and Reference Data, whereby the data are hosted on systems of record, thus minimizing duplication, complexity, and inconsistencies
- Provides facilities to import, hold, and maintain Static and Reference data
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Key Features
- A platform for the delivery of innovative payment services
- Consolidated payment operations for greater efficiency
- Centralized control improves liquidity and risk management
- Custom-tailored operations and services with rules technology
- Customized pricing for multiple client segments
- Unlimited expansion capabilities
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