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Introducing ...

 

the web station message entry system for SWIFT ... enabling proven

STP benefits for SWIFTNet!

 

 

MessageMaker is a web based message entry, repair and release application for financial institutions wanting to create SWIFTNet FIN, Telex and SWIFTNet InterAct (ver.6) messages.

 

The system makes use of web technologies such as HTTP, XML and Java to create an ideal application for thin client connectivity to SWIFT.  

 

The software has its own XML library for all SWIFT messages including the ISO15022 series and host applications can easily integrate with it using industry standard communication links such as IBM’s MQSeries.   

 

Its appeal as a replacement for green screens and ‘thick client’ workstations, i.e. PC Connect & Alliance Workstations, with its flexibility, ease of rollout and centralised administration has already been recognised by financial institutions of all sizes, including SWIFT’s largest user.

 

Its flexibility and scalability is unchallenged. It can deliver a single solution for global, multi-branched banks, as well as the smaller bank needing comprehensive and assured message entry functionality.

 

 

It can be used to automatically validate messages sent directly from a host system, and those that are ‘dirty’ can be cleaned and resent. This reduces the cost of NAK’d messages and facilitates STP. 

 

The system allows its users to log into a central server from their desktop browsers to check the progress of their messages and display relevant management information in real time.

 

MessageMaker system security provides extensive user controls for every stage of the workflow process, e.g. message entry, verification, approval and release. 

 

User profiling can also be controlled by other criteria such as SWIFT address, department, message type, currency, and amount etc.   

MessageMaker has its own set of APIs and therefore interfaces with back office applications seamlessly. 

Message Maker can make a substantial contribution in reducing the expensive repair of NAK’d messages, thus significantly improving “Straight Through Processing” (STP).

 

Features

 

  • Configurable to provide different permission levels for greater security.

  • Checks for correct syntax and validates all SWIFT Messages

  • Full release control functionality

  • Integrated expandable BICDirectory look-up and SWIFT User Handbook.

  • Powerful database providing comprehensive MIS and powerful message investigation functionality.

  • Compliant with all SWIFT message standards.

  • Intranet web browser interface – easy roll-out and eliminates the need for costly workstations

  • Full audit trail and history – log of each event as it happens

  • Communication links and full session control.

  • Remote message entry for contingency and DR … critical payment message processing

  • Based on latest XML, Java and RDBMS technologies.

  • Windows 2000 and Unix platforms, supports SQL Server and Oracle databases.

 

Business Benefits

 

  • MessageMaker provides an alternative to “telex” and “fax” for  correspondents radically improving STP.

  • The webstation is easily rolled out and involves zero overhead and maintenance for correspondents. 

  • The average cost for fax or telex  processing is circa 25 dollars per message (source SWIFT).

  • Retail customers, Dealer Brokers and Custodians can use the webstation to radically improve STP  and reduce paper based faxes and workflow.

  • XML messages can be supported e.g. SWIFT’s new B2C messages

  • MessageMaker can be used as part of a global solution to reduce infrastructure costs.

  • It can consolidate all bank branches over existing VPN

  • connections to a single hub ...  this implies less operational and licensing costs for banks who deploy multiple SWIFT Interfaces within the enterprise.

  • MessageMaker can be used as a Disaster Recovery terminal for message entry and workflow if SWIFT operations cease within the bank.

  • Message maker can be tailored to meet the banks additional internal message requirements (Non SWIFT) such as specific enquiries or investigations or templates.

 

Technical information
 

Message Maker uses proven industry-standard components. It is designed for scalability and integration with the most critical object-orientated, real-time intranet applications.

Based on the latest XML, Java and RDBMS technologies, it operates under Windows 2000, XP and UNIX environments and supports ORACLE and SQL server databases.

IMessage Maker is based on ClaritySwitch, and is fully integrated and independent of any SWIFT interface system or back-office application (offering complete investment protection).

 

How it works

 


Send mail to butterworth@synergy-fs.com if you would like further information or if you have any comments about this web site.
Copyright © 2007 Synergy Financial Systems Ltd.

       
Last modified: 04/04/07