- Reduces the need for manual intervention or review of messages
- Supports all primary industry message formats
- Automated repair and audit ensures acceptable risk levels
- Enhanced flexibility in quality and structure of messages
- Customizable repair and enrichment rules
STP Accelerator™ enhances automated straight through processing of payments by utilizing enhanced message repair and enrichment capabilities. Using fuzzy matching technology, lexicons, and comprehensive reference data, the system populates a message model that is paired with a set of customizable rules to repair and enrich the message.
STP Accelerator supports all primary industry message formats; all automatic repairs and enrichments are fully audited and are assigned a confidence score to determine the necessity for manual intervention or review.
Business
- Enables Financial Institutions to process electronic payments with highest level of Straight Through Processing, efficiency, and customer differentiation
- Drives new revenue and enhances customer service through increased capacity and better customer experience
- Improved quality of outbound messages results in reduction of fees paid to other Financial Institutions
- Reduces number of operators required to perform manual repair and reduces operator error and fraud risks
