PTS
The Payment Transaction System (PTS) is a flexible STP-based automated payment solution with full ISO2022 support for processing all types of domestic, foreign and cross-border payments. Connectivity to local (CERTIS, SIPS) and international (STEP2, TARGET, TIPS) clearing systems as well as interfaces to SWIFT or partner banks are a part of the solution.
The system is designed for
- Banks
- Credit unions
- Payment service providers (PSP Fintech)
Description of PTS modules
- PTS/Kernel (global STP system core)
- PTS/CURR (multi-currency payment system for correspondence payments with full SWIFT support)
- PTS/A&R (analysis and provision of routes based on standard directories and defined bank priorities)
- PTS/SEPA (standard processing of SEPA transactions according to the EPC, in the SK/CZ variant, including account protection levels, mandate management, etc.)
- PTS/IP (instant payment processing, in the CZ version including xAMOS interface, in the EU version with TIPS/RT1 clearing support)
- PTS/IP (instant payment processing, in the CZ version including xAMOS interface, in the EU version with TIPS/RT1 clearing support)
- PTS/IP (instant payment processing, in the CZ version including xAMOS interface, in the EU version with TIPS/RT1 clearing support)
- PTS/IP (instant payment processing, in the CZ version including xAMOS interface, in the EU version with TIPS/RT1 clearing support)
- PTS/Reconciliation (module for reconciliation of nostro accounts)
- PTS/CC (individual customer conditions - currency exchange, exchange rates, rates...)
- PTS/Converter - intelligent bi-directional conversion module for automatic conversion of data formats
System advantages
Processing of all types of payments integrated into one product:
- Processing of all client and interbank transfers
- In all currencies traded
- Domestic, foreign and cross-border payment transactions - Cheque processing (if the clearing system allows it)
- Standing orders, direct debits
- Local and correspondent clearing
- Generation of accounting entries & reporting
- Support of individual conditions for clients (fees, rates, currency exchange)
- Credit risk management (available balance control)
- 4/6 eye check for manual operations
- User permissions according to their role for all manual processing steps
- Fundamentally transactional processing (Commitment Control)
- Validation of input data against reference/permanent data
- Full support for IBAN, internal and external account numbers including control numbers
- Automatic duplicate checking, PDE/PDM processing for SWIFT transactions
- Screening of payment transactions against individual and OFAC/EU-CFSP lists
- Communication with STEP2, TARGET2 and other RTGS systems (processing of MT012, MT019, Ack/Nack or pacs.002) and the SWIFT network
- High level of STP, automated processes - payment routing, fees, exchange rate assignment, currency exchange, etc.
Downloads
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Would you like to know more?
Martina Vybíralová
Manager of Banking Solutions
Would you like more information about the product? Please contact us. We're happy to help.
