TMS/X - Transaction Management System
Request

TMS/X is a smart middleware solution to connect internal applications with payment networks and clearing channels, including central securities depositories. TMS/X is built on message-based, Web-enabled technology using Java by our team of engineers with decades of experience in the payment solutions development.

TMS/X’s open architecture facilitates integration with internal applications such as Core Banking System, and provides a payment middleware layer around legacy systems to isolate these rigid environments to allow flexible access to new protocols and services.

This functionality enables both low-risk, incremental modernization of legacy services and integration with new services and functionality. Rules-driven, message-based routing, enrichment and validation also work to future proof the payments ecosystem.

  • STP enabler for transactions

  • Instant payments, Cheques, Local and International transfers

  • Direct Debit Management Systems (DDMS) and eMandates

  • Aggregates and segregates payments

  • Converts message formats

  • Facilitates reconciliation

  • Pre-validation and additional authorization

  • Online monitoring

  • Payments structure analysis

  • Built-in BPM and Tasks engines

  • Extendable modular architecture (plug-ins)

  • Out-of-box connection to CMA’s RTGS, ACH and CSD systems in 50+ countries

TMS/X is a smart middleware solution that is used to establish Straight-Through Processing between Central and National financial institutions Systems such as RTGS, ACH, CSD and Commercial Bank applications.

TMS/X’s open architecture facilitates integration with internal applications such as Core Banking System, and provides a payment middleware layer around legacy systems to isolate these rigid environments to allow flexible access to new protocols and services. This functionality enables both low-risk, incremental modernization of legacy services and integration with new services and functionality.

Rules-driven, message-based routing, enrichment and validation also work to future proof the payments ecosystem.

  • Qualified SWIFT messaging interface, used in conjunction with the SWIFT Alliance Gateway to send/receive, route, manage and manipulate financial messages and transactions

  • Qualified product for SWIFT InterAct and FileAct service

  • Ability to connect any host to any interface

  • Out-of-box transformations

  • Message exchange via SWIFT and/or private networks e.g. possibility to use VPN network as backup channel

Solution Benefits

BUSINESS BENEFITS

  • Increases STP level
  • Lowers total cost of ownership
  • Lowers time-to-market
  • Minimizes enhancements of legacy systems
  • Mitigates transformation risks
  • Increases productivity
  • Reduces traffic

    TECHNICAL BENEFITS

  • Future-proof technologies
  • Flexible and scalable architecture
  • Choice of supported OS, AS and DBMS fits your IT expertise and skills
  • Easy to support and upgrade

Trusted by Many

  • Standard Chartered Bank -Brunei
    Standard Chartered Bank -Brunei
  • Bank of Jordan
    Bank of Jordan
  • Arab Bank - Jordan
    Arab Bank - Jordan
  • International Islamic Arab Bank - Jordan
    International Islamic Arab Bank - Jordan
  • Cairo Amman Bank - Jordan
    Cairo Amman Bank - Jordan
  • Jordan Commercial Bank
    Jordan Commercial Bank
  • Standard Chartered Bank - Bangladesh
    Standard Chartered Bank - Bangladesh
  • Société Générale - Serbia
    Société Générale - Serbia
  • 30+ Commercial banks - Azerbaijan
    30+ Commercial banks - Azerbaijan
  • 25+ Commercial banks - Oman
    25+ Commercial banks - Oman

Allows faster implementation of ISO 20022 XML-based services, messages and payments. Internal systems supporting ISO 15022 standard require no modification in this case. Scope of message types supported covers requirements of Central System interaction with participating Banks. Bank’s proprietary message format can be supported as a part of customization.

The module provides online monitoring of payments against configurable set of conditions defined by TMS/X dedicated User on Customer level, it performs offline analysis of payments against configurable set of conditions and allows “stop” or “warn” of suspicious payments, and provides detection reporting and alert facilities.

Provides online checks against watch lists uploaded into TMS/X database from any source, online search of Customer data in this watch list(s) against pre-defined criteria. It can be integrated with Customer database that may be uploaded to TMS/X. Provides detection reporting and alert facilities to TMS/X administrator. The module can be provided as an adaptor to existing AML system.

Allows send/receive payment messages in any currency to/from Correspondent Banks via SWIFT network. Allows send/receive statement reports and settlement advices to/from Correspondent Banks via SWIFT network. The module can be further extended to support Remittances services.

Allows send/receive payment messages in any currency to/from Correspondent Banks via SWIFT network. Allows send/receive statement reports and settlement advices to/from Correspondent Banks via SWIFT network. The module can be further extended to support Remittances services.