Integrating with Corporate customers’ ERP is the most critical issue in On-boarding the customer for Corporate Banking or Transaction Banking Services. Today ERP systems are processing payments and are able to extract the payment file to be processed by the Bank. Given that the corporate customer may be dealing with multiple service providers, Payment files are generated in their own standard format. In order to onboard or service the customer for bulk payment product, the Bank has to seamlessly integrate with corporate customers’ ecosystem and processes the files without any technology / process / operational overheads.
Generic Corporate Adapter (GCA) provides one-stop-shop solution for following requirements:
Generic Corporate Adapter provides the following benefits:
GCA Process Manager – Processing engine for files based on configuration & rules:
Performs the entire processing.
Reads the metadata configuration files with rules & validations.
Parses & processes files based on the setup.
Performs multi-threading for processing concurrent files.
Acts as connection handler with external systems & applications.