With 20000+ of man-years experience in actual payments products development and implementation, PrimeSourcing™ Payments Center of Excellence is a strong and proven payments domain house.

PrimeSourcing, i-flex's IT services division, enables financial institutions achieve their business objectives through integrated IT solutions built around their existing application assets.

The Payments Center is currently engaged with our global customers in the areas of payments processing consolidation, bulk payments processing, and payments gateway consolidation.

Payment gateway consolidation for clearing/RTGS

PrimeSourcing offers comprehensive suite of products and services that connect the payments infrastructure with external gateways such as SWIFTNet. This can facilitate exchange of payments messages using SWIFT FIN messages as well as XML based ISO UNIFI 20022 messages.

Our expertise spans integration with various clearing/settlement houses across geographies on various of networks, including SWIFT.

Payments processing consolidation

i-flex has extensive experience in implementing consolidated payments hubs to cater to:
	local payments processing
	international wires
	local and regional ACH and RTGS
	compliance (OFAC)
	credit and liquidity risk management
	payment routing
	improved STP needs

Bulk payments processing

The center offers validation, transformation, bulking and routing services to various clearing/settlement infrastructures and financial networks through customized services or products. Our bulk payment processing capabilities comprise:
	connectivity - S/FTP, NDM, HTTP/S, Swift-FileAct, EDIINT-AS2, MQ
	security - Entrust, Compress ,SafeX, PGP
	inbound EDI Support - SAP IDOC (SAP r3 v 4.6c+), EDIFACT 96a PAYMUL, EDIFACT CRG, PAYMUL, ANSI EDI 820 (v 4020)
	SEPA compliance - Pain.008,Pain.001,Pain.002
	outbound EDI response - EDIFACT CONTRL, BANSTA, DEBMUL, ANSI 824, 997
	EAI/ETL products - Mercator, Netik, Volante, IBM Message Broker, TIBCO etc.

We also offer web portal solutions to manage banks' corporate customer profiles, using the bulk payments facility. In addition, i-flex has products that cater to the transformation requirements of STEP2 and TARGET2.

To learn how our Payments Centre of Excellence can help your institution , talk to us.