Move beyond messaging tools to transaction processing platforms that maintains status as well as positions while facilitating message-based communication. Learn more about Payment Modernization and Payment Digitalization with ECS Fin.
Payment digitalization is the process of enhancing the transaction processing experience between service requestors and service providers whereby dependency on cash or branch offices can be minimized or eliminated.
Banks have a need to match up the user experience of their customers that can only be attained through modernizing their payment infrastructure. A highly successful modernization will result in compliance to various aspects of digitalization as well.
Our Enterprise Payment Hub
Payment Gateway & Connectivity Services
Our Enterprise Message Hub
Customer Services &
Reports
Our Enterprise Payment Hub
Our Enterprise Message Hub
Payment Gateway & Connectivity Services
Customer Services &
Reports
IMS comes with some very important unique capabilities accomplished through three distinct levels of Processing and distinct stages of processing.
Message Level Processing deals with integration, formats, schedules and connectivity protocols.
Transaction Level Processing deals with the State and Status of each transaction.
Message Level Processing deals with integration, formats, schedules and connectivity protocols.
A series of
Pre-Processing modules for preparation and qualifying.
Clearing & Settlement options along with Routing Decisions/Algorithms.
Post-Processing
Modules for reconciliation, customer services, reports.
IMS comes with some very important unique capabilities accomplished through three distinct levels of Processing and distinct stages of processing.
Message Level Processing deals with integration, formats, schedules and connectivity protocols.
Transaction Level Processing deals with the State and Status of each transaction.
Account Level Processing keep track of positions and balances belonging to nostro, customers, bank fees, charges etc.
A series of
Pre-Processing modules for preparation and qualifying.
Clearing & Settlement options along with Routing Decisions/Algorithms.
Post-Processing
Modules for reconciliation, customer services, reports.
The IMS payment platform combines and hosts a series of modules, services and supporting components categorized and listed below. They are readily available and can be engaged at will to build a custom solution that fits well to the bank’s needs.
Environment: Streamline, Simplify and Optimize your Messaging and Transaction Processing environment.
Workflow: Minimize travel of data between systems causing bottlenecks and failures.
Easily adapt to market practices, customer needs and counterparty preferences.
Rapid onboarding of customers without disturbing core systems or adding heavy internal processing rules.
Infrastructure: Eliminate the need for fragile data mapping & transmission services that add 0 value to business or operations.
Address the need of all Stakeholders: IT, Compliance, Business, Operations, Back Office and Customer Services.
Enables end-to-end visibility of all Messages and Transactions for IT departments and operations.
Links internally for all modules to communicate with each other as and when needed.
Easily engage automation for end-to-end processing with complete visibility and control.
Comply to Regulatory needs, Network Validations, and new generation messaging – ISO 20022 Standards without disruptions.
ECS Fin is an engineering enterprise that specializes in process optimization. We design software solutions with a systems approach to transaction processing.
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