IBM FTM - Manage, Orchestrate and Monitor financial transactions end-to-end

If your financial institution is facing any of the following challenges related to payment processing, it means it’s time to have an effective financial transaction monitoring system in place.

• Duplicate process in the system due to legacy or multiple systems which have been added to the payment processing environment over time.
• Need for continuous monitoring of the transactions from a single central point.
• Ability to send automated alerts if any issue/error occurs in the processing systems as entire process is mission critical.
• Adhere to extensive regulations and compliances of governing bodies from time-to-time for payments processing within states and across borders.
• Enable greater risk management and security in processing the transactions.
• Handle payment transactions around multiple payment channels
• Integrate to payments systems which are built on various technologies, work in different environments and have diverse transaction formats to normalize and standardize the incoming payment information.
• Need to scale and accommodate peak loads that the organization would have one certain business days.
• Increasing competition from new entrants necessitating need to quickly come-up with new products and service offerings.

SoftPath Technologies having implemented FTM solutions at multiple clients in different countries offer resources with required skillset and expertise in driving these solutions, we can provide an enhanced value offering to organizations by providing a tailor-fit FTM solution as per their needs.

SoftPath Technologies’ IBM Financial Transaction Manager services ensures,

• Ability to manage, orchestrate and monitor end-to-end processing life-cycle of financial transactions.
• Seamless, automated transaction processing services.
• Capability to integrate and unify financial transactions in various industry formats including ISO 20022, SWIFT, NACHA, EDIFACT, ANSI X12 and others.
• Integration with multiple payment channels and provide the ability to manage real-time and batch payments in a single solution.
• Support to SWIFT, Check, SEPA, ACH, Corporate and U.K. payments.
• Real-time and near-real-time processing to handle 9000 transactions per second.
• Self-service administrative interface to onboard payment clients more quickly.
• Organizations increase operational efficiency there by increasing customer satisfaction and in-turn revenues.