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With increasing competition, rising internal pressures and new industry initiatives such as Single Euro Payments Area (SEPA), financial institutions need to seek out holistic and highly sophisticated processing solutions that would allow them to achieve higher Straight-Through-Processing (STP) rates, real-time visibility and increased efficiency from payment initiation through to back-end processing. By consolidating and streamlining various payments processing into a single, central platform; financial institutions are able to optimize payments and cash flow management, achieve higher levels of STP, enjoy real-time visibility of financial transactions and reduce costs.

 RTGS STP (Real Time Gross Settlement – Straight Through Processing)

RTGS System is a payment platform where instructions between banks are processed and settled individually and continuously through the day in real time.

Straight Through Processing (STP) for RTGS allows for the payment instructions and transactions to be keyed in only once and processed until settlement.

The two major factors that would instigate banks to do this are:
To enhance the delivery cycle by creating a straight through process from the branch banking solution to the head once and into the RBI RTGS solution.
To speed up processing, create a robust, integrated and scalable solution.
 Service Offerings

Our wide range of Payments Hub and Straight Through Processing Services guarantees best fit operational and executional plans for innate business needs coupled with enhanced service levels, effective response rates, round the clock availability, scalability and reliability.

The two major factors that would instigate banks to do this are:
Project Management
Education & Training

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