Today, corporates and banks both expect the delivery of banking services to be based on a close connection of the e-banking application with the core banking system. With Omikron’s flexible Integration Framework, you can be sure that the workflows can be configured optimally to suit the type of business. First of all, a workflow manager ensures that the data is transferred securely and efficiently to the right destination. Additional capabilities support the efficient exchange of different types of data.
For transactions, two options are usually operated in parallel:
As part of the process to increase the levels of automation in payments business, UBIQCash can be used. This universal payment generator provides intelligent format analysis alongside format conversion. The application was designed specifically for cross-border payments, where often a number of file formats are needed, and the formats required by the banks differ from the original formats. Frequently, corporate accounting and payment systems deliver a single central format, which UBIQCash then converts to the outgoing formats needed. In other cases, UBIQCash can be configured as a universal “format converter” for multiple in-bound and outbound formats.
For information exchange, especially in the online banking context, the Service Data Connector supports the exchange of freely configurable information, allowing the bank to define order forms and reports to match the services it can provide, based on generic XML messages.
To avoid unnecessary redundancy, it is also possible to synchronise the master data with the core banking system. This option is supported by the Master Data Connector. Again, this interface consists of a standardized MQ-based connector for exchanging XML messages, enhanced by a bank-specific adapter if necessary. Either the back-office system or the MultiCash Communication Platform can be defined as the lead system and an in-built feature ensures that changes to master data in the lead system are immediately mirrored to the second system.
Within the framework of the Deutsche Bundesbank’s Electronic Access (EÖ), banks and authorized corporates can manage their Bundesbank accounts electronically, collect statements and submit payments. An automated communication tool, MultiCash Transfer, can be implemented in the workflows to handle this exchange. Payment files and messages are received from the Bundesbank and immediately passed on to the client’s accounting package and / or Treasury Management package. In the same way, payment files generated by the accounting system are imported using an automated file interface and submitted to the Bundesbank. An on-screen report of all files received from or submitted to the Bundesbank is available, and full details of each file can also be consulted. The easy-to-operate administration functions enable the user to configure the system according to his individual needs.