FinTP Description
FinTP for banks connects back office, core banking, and other internal bank systems to external networks, market infrastructures, or distribution channels. It provides STP (straight-through processing) and integration between proprietary, often non-interoperable applications. The core functions include flow automation, processing different types of message types and validation, reconciliation, resilience and persistence. It also offers a wide range of technical and business functionalities that can be used to meet the needs of end customers, bank operators, regulators, audit policies, or bank executives. FinTP is responsible for routing and processing messages between financial institutions. This allows for cross-industry interoperability. FinTP assists business customers consolidate financial and treasury operations. It helps retail chains to reconcile and settle stock with registered sales. FinTP's main purpose is to automate business, technical and operational flows.
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Banking Software
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