- Provides a rapidly deployable and highly agile payments solution that can adapt with changing business needs and industry standards
- Individual components perform as a value-added service within a large legacy payments infrastructure.
- Utilizes a composite approach to ensure seamless migration without duplication of code
The Global PAYplus Service Oriented Architecture (SOA)™ solution provides a framework that encompasses Fundtech's entire payments portfolio. The portfolio consists of foundation components, as well as a large inventory of re-usable business services addressing both local and global requirements.
Global PAYplus SOA utilizes proven business functions and exposes them as SOA compliant services which interact with external entities in the most efficient and highly adaptive way. Global PAYplus SOA maintains the key attributes of performance, scalability, reliability, availability, resilience, and openness by hosting these services on the proven industry standard infrastructure.
This product can be deployed as an integrated implementation whereby the Global PAYplus SOA components are used as a full payments application, or on a pick-and-choose basis to leverage a financial institution's existing payment framework.
Business
- Enables a financial institution to expedite the deployment of new payment services to existing or new customers with reduced risk
- Adheres to stable industry standards and practices
- Designed to support a Financial Institution's payments evolution for the long term
- Global PAYplus SOA is based on a set of 11 business services that represent a complete payment processing flow. These services include:
- Derivation and validation services
- Delivery
- FX and fees
- Inquiry
- Rule based processing
- Payment interaction
- Monitoring and alerts
- Static data
- Compliance and fraud
- Scheduling
- Position management
