MOND SEPA Converter


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

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MOND SEPA Converter

  1. 1. Intelligent Integration MOND ™ SEPA converter
  2. 2. SEPA Challenges <ul><li>Overall SEPA transformation of the European payment industry estimated over 5 billions Euros </li></ul><ul><li>SEPA is at the eve of its implementation with various adoption rates per country </li></ul><ul><li>Most complex processes for Debit, Cards are still under investigations </li></ul><ul><li>Rulebooks are tedious and likely to change </li></ul><ul><li>Corporate customers have not started yet to migrate to SEPA standard until broader banks adoption </li></ul><ul><li>A majority of banks decided to mitigate costs through conversion of national or industry based format into SEPA </li></ul><ul><li>A filtering on data transactions is safer for ensuring rulebook compliance in a broader network of banks. </li></ul>
  3. 3. MOND™ SEPA Converter SEPA Position DB CSV Swift Flat XML <ul><li>Main Capabilities </li></ul><ul><li>Semantics, compliance engine </li></ul><ul><li>Design, Project and Test mode </li></ul><ul><li>SEPA Template Maps, Rules </li></ul><ul><li>Deployment features. </li></ul>Payment Semantics Compliancy <ul><li>Transport messaging </li></ul><ul><li>File pulling, posting </li></ul><ul><li>http(s) post, get </li></ul><ul><li>WebSphere MQSeries </li></ul><ul><li>Web services, WSDL, SOAP </li></ul>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.
  4. 4. MOND™ Software MRP Scripts <ul><li>Platforms supported </li></ul><ul><li>IBM AIX, zOS </li></ul><ul><li>Linux Redhat </li></ul><ul><li>Sun Solaris 9, 10 </li></ul><ul><li>Windows XP </li></ul>Legacy CRM ERP Web <ul><li>Servers supported </li></ul><ul><li>BEA webLogic </li></ul><ul><li>IBM webSphere </li></ul><ul><li>JBoss (native) </li></ul><ul><li>Oracle AS </li></ul>Engine Mond™ software is based on a common data model enabling quick and easy to maintain transformations. MOND <ul><li>Database supported </li></ul><ul><li>MySQL (native) or Oracle 9i, 10g+ or MS Sql 2000+ </li></ul>Middle. Legacy CRM ERP Web MRP
  5. 5. List of pre-packaged tansformation (Maps) and compliance (Rules) Templates <ul><li>EDIFACT 93-98 </li></ul><ul><li>XML-IDOC R3, R5 </li></ul><ul><li>SWIFT MTxxx. </li></ul><ul><li>… .More to come soon </li></ul><ul><li>CBI </li></ul><ul><li>CFONB </li></ul><ul><li>DTA </li></ul><ul><li>UCV/CEC </li></ul><ul><li>V2000 </li></ul><ul><li>… . More to come soon </li></ul><ul><li>SCT </li></ul><ul><li>SDD </li></ul>Template Maps SEPA pain format (Corporates) Template Maps SEPA pacs format (Banks) Template Rules Banks and Corporates
  6. 6. Bank case study 1 – Inter-banks conversion <ul><li>Connect current local payment systems to SEPA Pan-European Clearing system in some months for credit and debit transactions. </li></ul><ul><li>No change to Back-end software </li></ul><ul><li>Compliance with SEPA standards </li></ul><ul><li>Minimum implementation required with Template maps for credit and debit flows </li></ul><ul><li>Maintenance is evolving with SEPA standards. </li></ul>The Challenge The Benefits Solution <ul><li>Implement SEPA Converter with Template Maps, Rules and transport connections (Credit and Debit schemes) </li></ul>
  7. 7. Demo
  8. 8. Bank case study 2 – Corporates hub <ul><li>Propose a service for corporates to transition their current payment factories with SEPA formats </li></ul><ul><li>Additional service delivered for corporate to migrate and evolve their data transformation </li></ul><ul><li>Better control over data quality and governance </li></ul><ul><li>Compliance with SEPA standards </li></ul>The Challenge The Benefits Solution <ul><li>Give a web access (mode ASP) to corporates with custom built Templates for SEPA migration. </li></ul>
  9. 9. Next steps <ul><li>Current transformations for banks </li></ul><ul><ul><li>Migration to European clearing centers for Credit, Debit and cards </li></ul></ul><ul><ul><li>Planned reinforcement of transaction compliance </li></ul></ul><ul><ul><li>Consolidation of account structures by corporation </li></ul></ul><ul><li>MOND opportunity </li></ul><ul><ul><li>Deliver wider range of payment channels to banks & corporates </li></ul></ul><ul><ul><li>Reinforce the controls of exchanges </li></ul></ul><ul><ul><li>Facilitate temporary migration challenges. </li></ul></ul>