The Challenge

New financial message standards present significant opportunities to extend automation and straight through processing along the value chain. This objective is clouded, however, by uneven rates of adoption and the continuing co-existence of a plethora of non-compliant legacy, proprietary, and national variant formats. Recent trends to increase the diversification of counterparty risk further fragments global account and system structures. 




 

 

 


Our Solution

Bottomline provides a proven data transformation and comprehensive business flows integration solution. The cost effective and highly scalable service ensures global interoperability and is able to deliver significant cost reductions by improving business process automation—enabling organisations to concentrate on core value propositions and revenue generation.

The Bottomline transformation and application integration solution effortlessly manages the co-existence of different standard message formats, sophisticated content, and event-driven workflows and business process automation. Regardless of format and protocol, Bottomline’s best-in-class service delivers interoperability between legacy, proprietary, national, SWIFT, SEPA, and any XML messaging standards. 

 

Benefits

Our powerful data transformation solution provides a wide range of benefits to global enterprises:

  • Delivers significant cost reductions through improving business process automation and straight through processing
  • Ensures global standards compliance
  • Ensure best-cost routing with content and event-based workflows
  • Retains investment in existing back-end systems
  • Facilitates global interoperability and quick access to new markets with Bottomline GTFrame’s library of translation tools 
  • Reduces processing and operating costs with rule-based bulking

 


Benefits
Benefits

Functionality

The Bottomline data transformation solution can be easily integrated in any environment or architecture, depending upon business needs. The intuitive drag-and-drop graphical user interface allows total control and customisation of process flows to ensure the highest possible rates of automation and efficiency:

  • Bottomline GTFrame format conversion is non-intrusive ensuring seamless SEPA and any XML compliance
  • Totally flexible deployment architecture
    • Can be provided as an outsourced hosted managed service with Bottomline GTCloud
    • Alternatively licensed for in-house implementation as a stand-alone Enterprise Application       Integration (EAI) solution
    • Can additionally be embedded into an existing third party application to provide comprehensive internal transformation and integration functionalities
  • Efficient rule-based mapping tools between any formats with content and event-based intelligent      transformation
  • Support of all financial libraries such as SWIFT FIN, all ISO 20022 (e.g. Payments, Funds, Exceptions & Investigations, Cash Reporting), FIX, SAP-IDoc,SIC, Secom, FpML, BACS, SARIE, Edifact, DTCC, and many others
  • Content enrichment and enhancement, automated message generation, XML production, legacy format parsing, bulking/debulking, and market datafeed decoding 
  • Fully comprehensive solution for Funds MX standards covering account management, order flows, transfers, reconciliation messages, and price and cash forecast reporting