MOND SEPA Converter

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Information about MOND SEPA Converter

Published on June 6, 2009

Author: mondtechnologies

Source: slideshare.net

Description

SEPA converter to address quickly any transformation to Credit Transfer or Direct Debit.

Intelligent Integration MOND ™ SEPA converter www.mondtechnologies.com

SEPA Challenges Overall SEPA transformation of the European payment industry estimated over 5 billions Euros SEPA is at the eve of its implementation with various adoption rates per country Most complex processes for Debit, Cards are still under investigations Rulebooks are tedious and likely to change Corporate customers have not started yet to migrate to SEPA standard until broader banks adoption A majority of banks decided to mitigate costs through conversion of national or industry based format into SEPA A filtering on data transactions is safer for ensuring rulebook compliance in a broader network of banks.

Overall SEPA transformation of the European payment industry estimated over 5 billions Euros

SEPA is at the eve of its implementation with various adoption rates per country

Most complex processes for Debit, Cards are still under investigations

Rulebooks are tedious and likely to change

Corporate customers have not started yet to migrate to SEPA standard until broader banks adoption

A majority of banks decided to mitigate costs through conversion of national or industry based format into SEPA

A filtering on data transactions is safer for ensuring rulebook compliance in a broader network of banks.

MOND™ SEPA Converter SEPA Position DB CSV Swift Flat XML Main Capabilities Semantics, compliance engine Design, Project and Test mode SEPA Template Maps, Rules Deployment features. Payment Semantics Compliancy Transport messaging File pulling, posting http(s) post, get WebSphere MQSeries Web services, WSDL, SOAP MOND™ SEPA Converter is a pre-packaged solution for a quick and evolutive SEPA implementation in compliance with European Union directives. Rulebook MOND™ SEPA Converter is easily deployed in your execution architecture.

Main Capabilities

Semantics, compliance engine

Design, Project and Test mode

SEPA Template Maps, Rules

Deployment features.

Transport messaging

File pulling, posting

http(s) post, get

WebSphere MQSeries

Web services, WSDL, SOAP

MOND™ Software MRP Scripts Platforms supported IBM AIX, zOS Linux Redhat Sun Solaris 9, 10 Windows XP Legacy CRM ERP Web Servers supported BEA webLogic IBM webSphere JBoss (native) Oracle AS Engine Mond™ software is based on a common data model enabling quick and easy to maintain transformations. MOND Database supported MySQL (native) or Oracle 9i, 10g+ or MS Sql 2000+ Middle. Legacy CRM ERP Web MRP

Platforms supported

IBM AIX, zOS

Linux Redhat

Sun Solaris 9, 10

Windows XP

Servers supported

BEA webLogic

IBM webSphere

JBoss (native)

Oracle AS

Database supported

MySQL (native) or Oracle 9i, 10g+ or MS Sql 2000+

List of pre-packaged tansformation (Maps) and compliance (Rules) Templates EDIFACT 93-98 XML-IDOC R3, R5 SWIFT MTxxx. … .More to come soon CBI CFONB DTA UCV/CEC V2000 … . More to come soon SCT SDD Template Maps SEPA pain format (Corporates) Template Maps SEPA pacs format (Banks) Template Rules Banks and Corporates

EDIFACT 93-98

XML-IDOC R3, R5

SWIFT MTxxx.

… .More to come soon

CBI

CFONB

DTA

UCV/CEC

V2000

… . More to come soon

SCT

SDD

Bank case study 1 – Inter-banks conversion Connect current local payment systems to SEPA Pan-European Clearing system in some months for credit and debit transactions. No change to Back-end software Compliance with SEPA standards Minimum implementation required with Template maps for credit and debit flows Maintenance is evolving with SEPA standards. The Challenge The Benefits Solution Implement SEPA Converter with Template Maps, Rules and transport connections (Credit and Debit schemes)

Connect current local payment systems to SEPA Pan-European Clearing system in some months for credit and debit transactions.

No change to Back-end software

Compliance with SEPA standards

Minimum implementation required with Template maps for credit and debit flows

Maintenance is evolving with SEPA standards.

Implement SEPA Converter with Template Maps, Rules and transport connections (Credit and Debit schemes)

Demo

Bank case study 2 – Corporates hub Propose a service for corporates to transition their current payment factories with SEPA formats Additional service delivered for corporate to migrate and evolve their data transformation Better control over data quality and governance Compliance with SEPA standards The Challenge The Benefits Solution Give a web access (mode ASP) to corporates with custom built Templates for SEPA migration.

Propose a service for corporates to transition their current payment factories with SEPA formats

Additional service delivered for corporate to migrate and evolve their data transformation

Better control over data quality and governance

Compliance with SEPA standards

Give a web access (mode ASP) to corporates with custom built Templates for SEPA migration.

Next steps Current transformations for banks Migration to European clearing centers for Credit, Debit and cards Planned reinforcement of transaction compliance Consolidation of account structures by corporation MOND opportunity Deliver wider range of payment channels to banks & corporates Reinforce the controls of exchanges Facilitate temporary migration challenges.

Current transformations for banks

Migration to European clearing centers for Credit, Debit and cards

Planned reinforcement of transaction compliance

Consolidation of account structures by corporation

MOND opportunity

Deliver wider range of payment channels to banks & corporates

Reinforce the controls of exchanges

Facilitate temporary migration challenges.

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