On the Radar: Icon Solutions Adds Real-Time Capability to Existing Systems - Research and Markets

DUBLIN--()--The "On the Radar: Icon Solutions Adds Real-Time Capability to Existing Systems" company profile has been added to Research and Markets' offering.

Real-time payments introduce a range of challenges for banks in terms of managing their own liquidity. Intelligently managing payment flows between new instant payment schemes and other routes is essential to achieving this, but older systems are not up to the task - and wholesale rip-and-replace projects are fraught with difficulties.

Highlights:

Newer payment orchestration platforms are using a combination of high-performance transaction processing engines and graphical development tools to create flexible ways for business and technical users to rapidly model and control payment flows across the bank.

Features and benefits:

  • This report examines how Icon Solutions has developed a new-generation payment orchestration architecture using an open source software stack.
  • Icon's approach is to interface to existing payment platforms and use intelligent processing to route instant payments to the appropriate outgoing channel.

Key Questions answered:

  • How do open source components and standard APIs reduce implementation time and cost of ownership?
  • How does managing payment flows in real time allow an FI to address its capital adequacy requirements?

For more information about this company profile visit https://www.researchandmarkets.com/research/lgch8c/on_the_radar

Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Company Reports

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Company Reports