As a result, more importance has been placed on upgrading IT infrastructure and banks are spending significant amounts of money keeping their back office systems up-to-date. The transferring of financial messages from a range of services can be a huge burden on banks and automation is a vital.
e2gen’s Message Management solution is an integrated framework for the management and automated processing of all electronic messages such as SWIFT, SEPA, local clearing, electronic and mobile banking or even those specific to an organisation. It provides a multi-entity, multi-currency solution offering 24 x 7 transaction processing capabilities. Messages are routed to and controlled by specific departments and reside within a work management layer.
By adopting this solution banks, can improve efficiency and compliance, whilst reducing risk, system complexity and operational costs.
Some of the benefits include: