MX FORMATTER

For whom:

Temenos Transact clients who need the XML format usage.

What for:

  • The ISO 20022 standard implementation with any payment systems, and in particular the SWIFT.
  • The advanced usage of XML format: for client-bank system, AML and other message interfaces.

Features & Benefits

  • Applicable with any Temenos Transact module (beyond FT), as well as local applications that generate transactions/messages.
  • The built-in processor for any XML message.
  • Does not require additional licensing.
  • Release and platform independence.
  • TARGET2 solution is «out-of-the-box».
  • Easy to install: at the touch of a button.
  • The list of processed/generated messages can be easily extended. The built-in XSD validator.
  • User-friendly interface. The simple and flexible configuring.
  • No need to change the current payment business process.
  • Modularity: separate services for each direction/message processing function.
  • The integrated staging. The transparent workflow.
  • Advanced monitoring and logging systems.
  • The built-in module for automatic processing and generation of returns/requests/responses (pacs.004/camt.056/camt.026).

Advantages over the converter:

  • the applicability at any stage of ISO 20022 integration;
  • all ISO 20022 benefits availability, the removal of MT format restrictions (the character set, the volume of information and data structuring, etc.);
  • original data stored and fully matched to the Temenos Transact applications structure;
  • the post-processing is done within Temenos Transact and uses original data.

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