Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

MOND SEPA Converter


Published on

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

Published in: Technology
  • Be the first to comment

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>