STP software tools that save you time, money and resources …
Straight-through-processing (STP) allows payments to move quickly between different accounts without operator intervention and each transaction needs a payment message to guide it. Speed of settlement is the key: STeP Payments Repair from Temenos manages your payments electronically, enriching each message without any need for manual re-keying to maximise your successful straight-through payment levels. An intelligent software engine, STeP Payments Repair combines artificial intelligence software with our unique Banking Community Knowledge Base to integrate seamlessly with your payment platforms and operational systems.
STeP Payment Repair enhances your STP information in real-time, helping you accelerate and shorten processing cycles, assess back charges, reduce operational costs plus lower systematic and operational risk. Typically it improves your STP rates consistently to over 90%, cutting the level of operator intervention needed to streamline your back office resourcing.
Welcome to Temenos STeP Payments Repair.
The software comprises three elements:
Repair Engine: an advanced, fully automated message repair and enrichment application that employs artificial intelligence algorithms to improve the quality of your payment messages.
Solver: a hybrid of automatic and operator assisted repair, Solver integrates with existing message repair stations to help your operators repair and enrich problem messages.
Evaluation: delivers reporting to support back-charging, assesses the efficiency of your STP rules and measures STP rates for your existing message processing systems.
For more information on straight-through-processing optimisation from the leading experts in the area, come and talk to Temenos. Contact us on firstname.lastname@example.org.
Features And Benefits
STeP Payments Repair optimises your straight-through-processing …
Easily integrated with your core banking and back office systems, STeP Payments Repair comprises sophisticated, real-time STP management products that improve your payment routing, back-charging, STP analysis and legacy format integration.
Quick, low-cost deployment: integrates seamlessly with your core banking system, enabling you to process more payment messages with fewer manual operators.
Operational improvement: helps you accelerate and shorten payment processing cycles, assess back charges, reduce operational costs, lower systematic and operational risk, improves your STP rates to over 90%, cuts the level of operator intervention needed and streamlines your back office resourcing.
Open software technology standards: because STeP Payments Repair is built on open software standards, it integrates smoothly with your core banking system as well as your legacy systems.