Abstract
IBM® Financial Transaction Manager for Corporate Payment Services provides prebuilt support for processing corporate payment transactions. Clients can use the capabilities of Financial Transaction Manager, including the robust and scalable platform, to handle large volumes of corporate payment transactions. Financial Transaction Manager also introduces a rich, new set of payment services and capabilities, which range from client onboarding to transaction ingestion, transaction management, and transaction distribution, with overall financial governance. Plus, it provides an operational user interface.
Financial Transaction Manager for Corporate Payment Services offers several capabilities for making secure payment services for clients, internal bank applications, and exchanges with other financial institutions.
Contents
IBM® Financial Transaction Manager for Corporate Payment Services provides prebuilt support for processing corporate payment transactions. Clients can use the capabilities of Financial Transaction Manager, including the robust and scalable platform, to handle large volumes of corporate payment transactions. Financial Transaction Manager also introduces a rich, new set of payment services and capabilities, which range from client onboarding to transaction ingestion, transaction management, and transaction distribution, with overall financial governance. Plus, it provides an operational user interface.
Financial Transaction Manager for Corporate Payment Services offers several capabilities to make secure payment services for clients, internal bank applications, and exchanges with other financial institutions. Figure 1 shows how Financial Transaction Manager for Corporate Payment Services facilitates straight-through processing of corporate accounts-payable expenditures through a single file.
Figure 1. Financial Transaction Manager for Corporate Payment Services straight-through processing
Did you know?
Global non-cash transaction volumes for all payment types (excluding checks) are growing, and are expected to continue to grow 6% - 13% year-on-year through 2016. This growth has created an opportunity for banks to go beyond providing treasury services to expand their business and relationships with corporate clients
Business value
IBM Financial Transaction Manager for Corporate Payment Services is an enterprise payment processing platform that addresses many issues that face financial institutions today. Corporate Payment Services is targeted as a platform to provide the following features:
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Special Notices
The material included in this document is in DRAFT form and is provided 'as is' without warranty of any kind. IBM is not responsible for the accuracy or completeness of the material, and may update the document at any time. The final, published document may not include any, or all, of the material included herein. Client assumes all risks associated with Client's use of this document.