IMS acts as a custodian of enterprise transaction data. The platform safe-keeps all incoming and outgoing messages and the events that follow, creating an audit trail of confirmations, repairs, responses, etc. The data elements are linked by transaction and categorized by BIC, Branch Code, departments, context, categories, ownership, and more. All SAA archives are restored, indexed, and made searchable online.

Store copies of all outgoing and incoming Swift messages in well-organized relational database tables. Logical separation between BICs, Branch codes, types, Departments, and ownerships can be engaged.

Migrate historical data from all SAA archives from the time of initiating data exchange via the Swift network.

Dashboards and a web-based interface allow all stakeholders to own, monitor, track, and control their own data exchanged through Swift and other communication networks.

Audit trail on every message sent/received along with Acks/Nacks, including timestamp and ID of every user who has engaged in any operational activities like creation, acceptance, approval, rejection, repair, re-approval, etc.

IMS links all data elements (messages, acknowledgments, confirms, status messages, source messages, user activities, system events, attached documents, notes made by users, etc.) by the underlying transaction as a Transaction Audit.

Historical messages can be searched by field values, range of values, greater than, less than, or specific strings. Search criteria can be preserved for creating views and reports.

Generates various types of views and reports required by operations, business, compliance, and customers. Executive dashboards with graphical displays, ad-hoc reporting, and report scheduling.

EOD Reports are accountability reports that would be of interest to each department to have a bird’s eye view of all the data received, transmitted, processed, rejected, modified, pending, etc. The EOD can be automatically delivered by the close of each business day to every department.

Message Statistics is essentially an accumulation of the EOD Report that will cover a broader range of dates. It can be weekly, monthly, yearly, or for any desired range of dates.

Subscription reports are created by the end of each month based on data requested by each interested party. This report can be used for internal billing or billing customers/subscribers.

Generates various types of views and reports required by operations, business, compliance, and customers. Executive dashboards with graphical displays, ad-hoc reporting, and report scheduling.

Learn customer usage and preferences on spending, preferred channels for specific purpose etc. that can be used to capture bigger market share. Risk Assessment Monitor transactions over any period of time to identify suspicious activities, violation of usage rules, unusual movement of money, balance enquiries, deposits, withdrawals etc. Establish profiles of payer and payee activities for tracking abnormal behaviors.

ECS offers architectural design, planning, implementation, maintenance, and support of Swift messaging and all related services. A team of Swift-certified engineers have been instrumental in re-engineering complex Swift messaging infrastructures for tier 1 banks and corporations, removing unwarranted systems and services, thereby making the process lean, efficient, and highly reliable. Some of the services offered by our Swift-certified engineers are listed below.

ECS Fin is an entity certified as an Independent Assessment Provider and Cyber Security Service Provider. ECS assesses your environment and takes necessary actions for your applications and related services to comply with CSP controls.

Request our services or ask for a presentation by writing to info@coloursprint.ae or demo@coloursprint.ae.