Global PAYplus

FUNDTECH PAYMENTS SOLUTIONS

FOR THE ENTIRE FINANCIAL SUPPLY CHAIN

CONTENTS

Table of contents
The Evolving World of Payments.......................................................3
Delivering Value Solutions for the
Entire Financial Supply Chain...........................................................4
Payments Solutions for Banks Global PAYplus.............................6
Fundtech Services.......................................................................... 12
Fundtech Technology...................................................................... 14
Fundtech Partner Program............................................................. 15

2 GLOBAL PAYPLUS PAYMENTS SOLUTIONS FOR THE ENTIRE FINANCIAL SUPPLY CHAIN

THE EVOLVING WORLD

OF PAYMENTS
In the wake of the economic crisis, financial institutions
have taken a new interest in payments, seeing it as one
of the few areas for stable and predictable revenue and
product growth. Even here, however, recent developments
are posing technological, operational and competitive
challenges.
Increased customer demand has driven the development
of new payment channels, including online and mobile,
as well as a move toward real-time or immediate
payments. Pressure to grow revenue and increase
margins has driven transformation programs to reduce
operational and transaction costs through streamlined,
automated and consolidated systems. New national
and international regulations such as Basel III, DoddFrank and the Single Euro Payments Area (SEPA) have
demanded better liquidity and risk management through
increased visibility, control and better reporting. And
finally, the emergence of new competition in the form
of non-traditional service providers has added another
interesting dimension to a complex landscape.

DELIVERING VALUE
SOLUTIONS FOR THE ENTIRE
FINANCIAL SUPPLY CHAIN
Fundtech offers financial institutions a suite of
solutions to help them to manage payments, provide
cash management services, achieve financial
messaging, automate payables and receivables,
and provide channel distribution in a cost-effective,
secure, operationally efficient and reliable way.

Fundtechs solutions enable financial institutions to manage

all types of payments, within and across national borders, from
and to any channel, with the highest degree of automation
and straight-through-processing (STP). It offers banks and its
customers full transparency and real time visibility at any stage of
the payment lifecycle.

Fundtech: The only fully supported supply chain solution

4 GLOBAL PAYPLUS PAYMENTS SOLUTIONS FOR THE ENTIRE FINANCIAL SUPPLY CHAIN

Fundtechs software solutions can

help financial institutions to:

Improve business decision making

through increased transparency
and visibility;

Modernize systems and improve

operations to increase profits, control
costs and drive efficiency;
Realize competitive advantage through
innovative offerings and improved
customer service;
Improve risk management and
compliance through operational
improvements and compliance tools;

Manage liquidity through improved

processes and systems, and
consolidation of all payments
transactions and liquidity events in one
place automatically;
and ultimately support the entire
supply chain across payments,
cash, financial messaging, payables
and receivables automation, and
channel distribution.

Why Fundtech? End-to-end supply chain automation

Corporate
Environment

Banking
Environment

C
Clearing
H
House

Transaction Banking
CORPORATE
ATE
E
TREASURY
RY
Y

RETAIL
BANKING

CRM

PAYMENTS

Customers &
Accounts

General
Ledger

Liquidity
&
Risk

Loans &
Deposits

Analytics

Cards

Financing

Mutual
Funds

Regulatory &
Compliance

Investments

Insurance

Treasury FX

CASH MANAGEMENT
SWIFT FOR
OR
R
CORP.

ATM

CORPORATE
BANKING

TRADE FINANCE

CHANNELS
MERCHANT SERVICES
INVESTMENT
BANKING

FINANCIAL MESSAGING

CL
CLEARING
&
SETTLEMENT
SE
SYSTEMS
SY

CLEARING
C
S
SYSTEM

SWIFT

Document & Workflow

Operational Data Store

Middleware

Channel Capture
and Automation

Corporate and Consumer

Value-Add Solutions

Core-Banking Automation:
Global Clearing Regulatory Reporting
and Executive Decision Support

n Fundtech offering
5

SAMPLE HEADER
SOLUTIONS FOR THE ENTIRE
FINANCIAL SUPPLY CHAIN

PAYMENT SOLUTIONS
FOR BANKS
Global PAYplus

6 GLOBAL PAYPLUS PAYMENTS SOLUTIONS FOR THE ENTIRE FINANCIAL SUPPLY CHAIN

The Challenges

The Solution

The payments business today is

not without its challenges. Financial
institutions face a number of
significant hurdles, including
navigating new payment channels;
conducting multi-currency and
multi-product payment operations
in many different countries;
and offering superior customer
services in highly competitive
and increasingly regulated
environments. All of this while
facing pressure from management
and shareholders alike to increase
revenues, reduce risk and lower
overall operating costs.

Fundtech has more payments

customers around the world than
any other payments software
solution provider. It offers payments
solutions to enable financial
institutions and their business
customers to manage and
process payments, and transfer
funds in local and international
environments in a cost-effective,
secure and reliable way. Global
PAYplus, Fundtechs payments
solution, helps financial institutions
of every size to manage all types
of payments, within and across
national borders.

Global PAYplus combines an

extensive set of payment services
including high value payments,
mass payments and immediate
payments, in a single payments
hub. The solution is based on a
Services-Oriented Architecture
(SOA). Its strict adherence to
industry standards makes
integration with the financial
institutions existing technology
infrastructure fast, easy and
predictable. The use of SOA
technology also leads to reductions
in the complexity and cost of the
firms hardware and software.

High Value:

Mass Payments:

Immediate/Faster Payments:

Enables banks to receive, process, and send

wires, both incoming and outgoing, as well
as clearing specific messages, processes
and practices. Supports RTGS payments
in Americas, EMEA, APAC as well as multicurrency cross-border payments via SWIFT.

Enables banks to receive, process, and send

files that contain multiple payment, collection,
and related transactions as well as individual
transactions. Supports ACH payments in
Americas, EMEA, APAC as well as bilateral
and multi-lateral clearing arrangements.

Payment Solutions for Banks

Accommodates individual and bulk payments

schemes whose turn-around time, from
issuance of a customers original instruction, to
the banks final response must happen in near
real-time. Supports immediate payments in
UK, Singapore, Sweden and soon Australia.

PAYMENT SOLUTIONS FOR BANKS Global PAYplus

Using this solution, financial
institutions are able to
consolidate silos of legacy
payment operations in a common
shared payments hub that can
be deployed globally, and yet
controlled locally, simplifying
operations and reducing operating
expenses. By connecting and
orchestrating channels, legacy
payments systems, and their
supporting back-office functions,
payment services are coordinated
and new products can be
deployed quickly. A rules engine
provides the flexibility to add
new functionality in response to

changing industry and customer

requirements, without the need
to change code. Two Fundtech
payments customers recently
won Celent Model Bank awards
for their transformative payments
projects; likewise, two Fundtech
payments customers also received
technology awards from the Asian
Banker.

A rules engine provides the flexibility

to add new functionality in response
to changing industry and customer
requirements, without the need to
change code.

8 GLOBAL PAYPLUS PAYMENTS SOLUTIONS FOR THE ENTIRE FINANCIAL SUPPLY CHAIN

Global PAYplus BUSINESS BENEFITS

Saves Time, Reduces Costs &
Improves Operational Efficiency.
The solution brings together
payments details for many different
payment types and from multiple
systems to a central payment hub.
Information is consolidated into
a single view, saving staff time
and ensuring that the number of
interfaces and systems requiring
management and maintenance
can be reduced significantly. This
means that in addition to payments
processing being simplified, IT costs
can also be dramatically reduced.
Likewise, interfaces and tasks can
be customized, helping users to
prioritize tasks and focus on only
those things that require their
attention. In so doing, tasks can be
streamlined and payments will move
more quickly.
Reduces Risk. By reducing the
number of interfaces, systems and
stages in the process requiring
manual intervention, operational
risk will be reduced dramatically,
throughout the payments process.
The solution can additionally be

easily extended to incorporate

more advanced liquidity and risk
management capabilities.
Improves Customer Service. The
solution brings a customers backoffice payments functionality to
their online experience through
STP@SourceTM that allows banks to
increase straight-through-processing
rates by engaging their customers
as early as possible in the
process. This means that financial
institutions can immediately validate
payment information at the source
and thus require less downstream
customer interaction, resulting in
faster and more responsive service
to their customers. The solution
also allows banks to give their
customers the flexibility they need to
quickly and easily make and receive
payments in real-time at any time,
24 x 7. This allows them to offer
unique services like Swedens
Swish and UKs PingIT and to
increase the velocity of commerce.
Special features also allow banks
to meet customers demands for
real-time access to liquidity, as

well as enabling them to carry out

transactions closer to clearing
deadlines, and have credits posted
as quickly as possible.
Enhances Decision Support. The
solutions dashboard provides
mission-critical payments
information in one consolidated
view, allowing for easy monitoring
and analysis of all aspects of
the operation. The dashboard
accumulates data over time and
uses a baseline for normal behavior,
issuing real-time alerts when
abnormal trends are detected. This
birds eye view both in real-time
and over time allows financial
institutions to quickly and easily
identify trends, avoid trouble spots
and make informed decisions.
Likewise, by readily providing only
the most necessary information,
users are able to quickly assess the
information they need to do their
job and make decisions without
being burdened by unneccesary
information.

PAYMENT SOLUTIONS FOR BANKS

Global PAYplus
Global PAYplus offers a broad
range of business capabilities
as follows.
Payments Management and
Execution Fundtechs payments
solutions are designed to bring
institutions into the 21st century and
make them fully compliant with current
demands in as simple and cost effective
a way as possible. In fact, Fundtech can
help drive real savings in a very short
time. For financial institutions looking
to organize or transform their payments
operations, Global PAYplus will save time,
reduce costs and improve operational
efficiency. It achieves this by bringing
together different payment types,
currencies and systems into a single,
centralized payments hub, increasing
STP automation, and consolidating
information into a single view thus
reducing the need for multiple interfaces
and systems. By increasing STP and
reducing the number of interfaces,
systems and stages in the payment
process that require manual intervention,
operational risk is dramatically reduced.

Fundtechs payments
solutions are designed to
bring institutions into the
21st century and make them
fully compliant with current
demands in as simple and
cost effective a way as
possible.
This gives financial institutions one
consolidated view of mission-critical
payments information, allowing for easy
monitoring and analysis. This is crucial as
businesses experience business growth
due to their ability to offer customized and
differentiated capabilities faster than they
ever could before in weeks rather than
in months.

Wholesale and Retail Global

PAYplus offers solutions for wire and
Automated Clearing House (ACH)
processing and origination, cross border
correspondent banking and all other
payment instruments for both retail and
wholesale customers. By automating
payment validation and enrichment,
checks on customer history, exposure
management and the preauthorization
of transactions, financial institutions
can increase their transactions business
while effectively managing risk. Billing
and analysis functionality, automated
returns processing, sophisticated foreign
exchange (FX) processing and automated
debit blocking allow financial institutions
to improve and extend their relationships
with customers, keeping them informed
through proactive information delivery and
enabling them to reward customers where
appropriate through improved pricing.
Using the solution, financial institutions
can process account transactions faster
and more dependably, and offer industryleading business capabilities to a wide
range of business customers from small
and medium sized enterprises to global
multinational corporations.

This gives financial institutions one consolidated

view of mission-critical payments information,
allowing for easy monitoring and analysis.

10 GLOBAL PAYPLUS PAYMENTS SOLUTIONS FOR THE ENTIRE FINANCIAL SUPPLY CHAIN

Liquidity and Risk Management

Demand for intraday liquidity continues to
accelerate as banks and their corporate
customers continue to expand their
operations into foreign markets, boosting
the volumes of cross-border and domestic
transactions. As a module of Global
PAYplus, Fundtechs liquidity and risk
solution provides banks with the tools they
need to address new intraday liquidity
monitoring and measurements standards,
to meet the demands of new regulation but
also to benefit from significant competitive
advantage through improved processes,
systems and best practices for liquidity
management. All payment transactions
and liquidity events are consolidated in
one place automatically, so that limit
monitoring of inputs and settlements can
be performed consistently and in real-time.
Sophisticated forecasting and planning
tools enable financial institutions to meet
their payment obligations throughout the
day as well as at end-of-day.

Global PAYplus KEY FEATURES

Process Any Payment Type automated processing of ACH, RTGS,
SWIFT and real-time payments with high levels of STP.
Channel Agnostic works with any channel for payment capture and
management.
Extensive Global Reach supports widely used clearing and customer
formats with tools to rapidly add additional formats as needed.
Centralized Liquidity & Risk Management provides a global view of
liquidity using an automated system to manage counterparty liquidity risk.
Comprehensive Workflows & Business Capabilities mature and
business feature rich set of workflows, with multi-currency and multilingual support for any geography, and multi-entity organizational
structure that align with any operating model.
SOA Based Patform pure, vendor-neutral SOA based architecture
designed to continually benefit from the infrastructure improvements
without the need to change the business logic. Modular and layered
design allows users to easily run major projects in parallel, without
impacting one another or the core system.
User Interface users can control, simplify and streamline the
experience and content to identify risks and prioritize tasks.
End-To-End Business Process a suite of services to create end-2-end
business processes and enable end user self-service capabilities.
Open, Extensible Data & Processing Models allows for rapid
implementation and rollout of new products and features.
Proven in the Most Demanding Production Environments designed
to highest standards of performance (low latency, high capacity, linear
scalability) and reliability (high availability, business continuity and
disaster recovery).

11

FUNDTECH
SERVICES
When it comes to implementing mission critical systemsparticularly in
todays highly competitive and unpredictable economic environment
banks will do whatever they can to maximize IT investment. Taking a
shortcut or a wrong turn at any stage in the implementation process
can delay time-to-market, disrupt ongoing operations and lower overall
efficiency in both the short- and long-term. This holds true right across
the transaction banking spectrumfor payments, cash management,
financial messaging and merchant services.
Fundtech can help customers avoid these pitfalls. Since 1993, our
global services group has helped more than 1,000 of the worlds
leading financial institutions and corporations maximize the benefits
of Fundtech products and achieve their transaction banking goals.
Indeed, ensuring customer satisfaction throughout the entire
engagement is at the heart of Fundtechs business philosophy.
The goal of each Fundtech services team (implementation services,
customer support and training) is to ensure that our customers can
implement their new solutions successfully and bring their staff and
their customers up to speed effectively. This high level of support
is maintained beyond implementation, to ensure that customers
continue to get the most out of their software investment throughout
the entire lifecycle.

12 GLOBAL PAYPLUS PAYMENTS SOLUTIONS FOR THE ENTIRE FINANCIAL SUPPLY CHAIN

Fundtechs services
team helps customers to
maximize their investment
in the software by:
l Ensuring

the best use of

Fundtechs products.

l Building

best-practice into the

implementation process to
minimize risk.

l Ensuring

the most effective

and efficient transfer of
knowledge through training.

l Delivering

excellence in all
aspects of customer service
throughout ongoing operations.

Fundtechs Services Include:

Training

Implementation Services

Fundtech offers a comprehensive set

of focused user training services, that
can be tailored for all types of end users
(project team, super users and regular
users) during and beyond implementation.
Courses are offered as either off-the-shelf
courses focused on a particular product
or business area, or specifically tailored to
meet the unique needs of a customer.

A quick and efficient implementation

helps customers realize the best value
from their investment in the shortest
possible time. Bringing with them industryleading best practice and a field-proven
methodology, Fundtechs implementation
services team is responsible for
project managing every stage of the
implementation process including
analysis, on-site implementation support,
and static data and set-up; infrastructure
design, sizing, installation, configuration
and environment maintenance; testing
and user acceptance. The project is
driven by a leader, who must ensure the
effective coordination of resources and
transparency of communications, as well
as taking responsibility for overall project
management to ensure that risks are
mitigated and that the implementation
comes in on time and within budget.

Users can participate in a range of

functional and technical courses, as
well as certification programs at varying
levels, ranging from standard beginner
courses through to training programs for
the experienced user. Training programs
may be taken at Fundtech training
centers, at a customer location or via
webinar. More information about courses
and course locations can be found in the
services section of our website
(www.fundtech.com).

Customer Support
With more than 20 years of delivering
transaction banking solutions, Fundtechs
experienced team of application support
experts are available 24/7 to respond
to technical and functional queries.
This team has a solid track record of
diagnosing and resolving issues quickly
and helping customers ensure the
smooth running of day-to-day operations.
Equally important, the team gives the
information and advice customers need
to make informed, proactive and timely
business decisions when managing their
transaction banking operations.

13

FUNDTECH
TECHNOLOGY
Advanced

Flexible

Fundtech uses industry standard

technology and best-practice procedures
to provide flexible, reliable and costeffective transaction banking solutions
that help firms operate more efficiently,
and respond to market developments,
customer demands and evolving
regulations in a more timely, betterinformed way

Fundtechs open technology framework

allows for easy integration within a
customers technology ecosystem as well
as with solutions from other technology
vendors. This simplifies the process of
implementation, reducing the time and
costs associated with onboarding.

Real-Time

Many of Fundtechs products can be

delivered as in-house implementations
or as a hosted, SaaS solution that
requires no local software or hardware
installation, greatly reducing the
time and cost of implementation and
infrastructure maintenance.

In todays competitive environment, time

is money. Fundtechs solutions use
state-of-the art technology to enable our
customers (and, in turn, their customers to
set-up, execute and monitor their transaction
banking needs in real-time. This means
they can make proactive, informed
and timely business decisions that will
ultimately help them grow their business.

Scalable

Experience

Capable of processing anywhere from

dozens to millions of transactions per
day, Fundtechs solutions can easily be
extended to incorporate new entities,
geographies, languages, time zones,
currencies and products.

Years of experience in delivering

solutions to banks mean that we have
accumulated a huge amount of expertise
in managing day-to-day transaction
banking on a regional, national or global
scale. Leveraging this knowledge, we are
able to help customers to address their
challenges and capitalize on opportunities
in a practical and effective way.

Hosted or In-House

Secure
Our software has been tested and
reviewed extensively in our production
environments, as well as by our
customers. Our hosted solutions, security,
disaster recovery and business continuity
processes meet or exceed industry
standards and regulatory guidelines.

Fundtechs solutions are

capable of processing anywhere
from dozens to millions of
transactions per day.

14 GLOBAL PAYPLUS PAYMENTS SOLUTIONS FOR THE ENTIRE FINANCIAL SUPPLY CHAIN

FUNDTECH PARTNER PROGRAM

Partners are essential to help Fundtech provide its
customers with comprehensive solutions that meet
changing market requirements in an efficient and
cost-effective way. Together, we help customers
differentiate themselves and compete more effectively
through innovative solutions.
Fundtech has built a network of partners
to provide the scalability and expertise
necessary to expand our coverage,
extend our scale and develop deeper
relationships with our customers. The
breadth and depth of this network ensures
that the solutions we provide are aligned
with our customers demands for endto-end transaction banking solutions.
Our partner network includes global
and regional partners in technology
and systems integration, and provides
products and services that enhance or
complement Fundtechs offerings across
all business lines and market segments.
At a global level, Fundtech works with
leading consulting firms and system
integrators. Their industry knowledge,
focus and international presence helps us

to provide customers with full, end-to-end

business solutions. At a local level we have
developed business partnerships to ensure
we provide our customers with the requisite
support, language and cultural expertise
necessary to ensure the optimal delivery of
our solutions.
Fundtech offers a variety of flexible
partnership options that allow firms
to enter into a relationship that best
reflects their business strategies and
strengths. The network includes three
categories of partnersConsultant and
System Integrators, Solution Providers
and Technology Providersacross three
levels of partnership including Platinum,
Gold and Silver, depending on the
degree of commitment of each partner.
The program is designed to meet our
customers and partners needs, to
ensure mutual success.

15

Regional Headquarters
Americas (Global Headquarters)
Fundtech Corporation
Corporate Headquarters
140 Broadway, 40th Floor
New York, NY 10005
Tel: +1-212-497-1820
EMEA
Fundtech UK Limited
42 New Broad Street
London EC2M 1JD
Tel: +44 207 588 1100
Asia-Pacific
Fundtech Asia Pacific Pte Ltd
3 Church Street
#22-05 Samsung Hub
Singapore 049483
Tel: +65- 6372 3123/ 6372 313
For further information about Fundtech visit www.fundtech.com

www.fundtech.com
07/14