Volpay delivers business agility in financial message and data Integration, processing and orchestration. The value proposition is to reduce work, time and costs within financial institutions by automating the integration of financial messages and data to and from back-office systems and market data pouring into trading platforms.
Corporates and SMEs are demanding greater efficiencies from their banking service providers and this is leading them away from manual on-line banking functions and onto the more integrated and automated Host-to-Host (H2H) channel. But there is a major barrier that all banks and corporates are struggling to overcome.
As payment volumes increase, and the number of organizations requiring automation grows, so does the range and variety of payment formats, payment methods, communication protocols, and processing workflows that need to be supported within this automated channel.
VolPay Channel addresses this key challenge by increasing the agility of the bank’s on-boarding service, optimizing the process for taking on new customers and enabling the flexible pre-processing of their payment, cash, trade, and securities transactions before their distribution to the internal systems of the bank. This delivers a better customer experience, reduces costs and onboards revenue faster.
The following offerings are available:
- VolPay Foundation
- VolPay Channel
- VolPay Hub
- VolPay Gateway
- VolPay & SWIFT gpi
- VolPay in the Cloud
Altron BSI has a large and ever-expanding list of pre-built and fully supported payment format plug-ins and payment format transformations, including unique plug-ins localised for South African requirements. This includes in-built testing and documentation generation. With our deep financial messaging domain knowledge, we are able to assist almost any need.
We have an agile blend of onshore and offshore development and delivery capabilities, local competence for project scoping, management and delivery, and offer local support and training.