IMS Payments
IMS Payments is our full functional Payments application that is SWIFT certified. As the payment landscape is quickly changing banks need a software product that can quickly change to address the changes of today’s payment landscape.
Payment Instruction Creation
- Payment Instruction creation from manual data entry, templates, pre-processors, email, & fax
- Automated creation from file, Websphere MQ,
or XML
Workflow Automation
- Manage the complex workflow of a bank or corporation on the release of outgoing payment either in ACH, Fedwire or SWIFT formats.
- Exception & Investigation management of payments.
Checks, Controls and Audit
- Approval by amount threshold
- Turn on 4-eye rules on need basis
- Automatic release, Manual release and release by Schedule
- Duplicate Message Check
- Compliance Check (OFAC, Worldcheck, etc.) and Filters
Remittance
- Analyze Incoming Payment Advices and validate account holders
- Validate Credit of Account holders
- Prepare Next Steps (Prepare credit entries for local accounts, Forward copies for appropriate branches, Prepare checks for non-account
holders, Prepare instructions if intermediary)
