ASolutionForExchangeCompany
Athena Instant Remittance
Scalable, Secure Web 2.0 software solution for both
Local and Foreign Remittance

Customer
Beneficiary
Statement Bank
Workflowinshort
How Local Remittance Works
Athena Instant Remittance

Request Balance
• Validate Device
• Validate User
• Process Request
• Generate Response
Response
Requestingquerytooursystem
Balance sheet / Mini statement
USSD
Athena Instant Remittance

Request Fund T/F
• Validate Process
• Generate Confirmation with
Beneficiary informationConfirmation Message
Requestingquerytooursystem
Fund Transfer
USSD Bank
Customer Confirmation
• Business logic Evaluation
• WS request to Commission agent Perform Accounting
Transaction
Confirmation with
Updated Balance
Athena Instant Remittance

How Foreign Remittance Works
ACompleteRemittancePlatform
Athena Instant Remittance

iRemittance
KEY NOTES
Athena Instant Remittance

SmartAccounting-iRemittance
Remittance Accounting
• Rule Engine for Agent Commission
• Rule Engine for Fee Calculation
• Cover Fund Management
• Daily Collection Report
• Daily Disbursment Report
Athena Instant Remittance

SanctionList–iRemittance
WHAT ABOUT DOMESTIC SANCTIONS TARGETS ?
International SANCTIONS Targets screening
Athena Instant Remittance

PaymentgatewayIntegration-iRemittance
3rd Party Payment Gateway Integration
Athena Instant Remittance

• Cashier
• Agent
• Customer
• Administrator
• Software configuration manager
ArmySecurityineverysteps
Some Predefined Role :
Dynamic Role-based Security
Role Customization along with Privilege Adjustment
Athena Instant Remittance

Few more Security
ArmySecurityineverysteps
• IP Binding
• Audit Logs
• Password Policy
• Double Layer validation process
• Careful WCMS
• Session fixation
• SQL injection, Escaping and many more...
Athena Instant Remittance

InsideLookofyourTransaction
Enquiry management of entire transaction life cycle.
Enquiry Management System
Athena Instant Remittance

DeviceCompatibility
Pay from anywhere
Economy Mobile
Rich Mobile
Computer
Tab
Athena Instant Remittance

TightlyCompliance
Anti Money Laundering Compliance
Need More Compliance?
• Linked Transaction with relationship
• Sanction list verification with Auto-update
• Amount limit to send task without any photo-ID
• Amount limit for Address verification
• Legal documents for Corporate Customer
• Source of fund Declaration with Profession
• Declaration amount restriction and many more.
• Daily/Monthly Max transaction configuration.
• Many more and still adding and updating…
Athena Instant Remittance

ConfigurableandFlexible
Configurable
• Plug-able logic for Mobile accounting
• Currency conversion rate
• Purpose of Fund Transfer, Photo ID Type
• Distribution Outlet Configuration
• SMS and Email Templating
• Document Attachment
• Theme Customization
• and many more…
Athena Instant Remittance

• Customer Registration
• Beneficiary mapping with linked transaction
• Sanction Verification
• Allow online access to customer
• Statement/Reports on remittance accounting
Cashier
Pre-definedRolewithcommonUsecases
Athena Instant Remittance

• Customer Registration
• Beneficiary mapping with linked transaction
• Sanction Verification
• Commission Reports
• Transaction Status monitoring
Agent
Pre-definedRolewithcommonUsecases
Athena Instant Remittance

• Internet Banking
• Mobile Banking
• Manage Transaction
• Manage Beneficiary
• Transaction Status monitoring
• Enquiry management
Customer
Pre-definedRolewithcommonUsecases
Athena Instant Remittance

• Send Transaction to Destination Bank
• Cancel Transaction
• Currency posting for Agent
• Update currency conversion rate.
• Apply Role based security
• Manage Sanction List
• Reports on remittance accounting and monitoring
Admin has full control on application, including
configuration, add/edit privilege and can manage
branches and exchange houses.
Power User - Admin
Pre-definedRolewithcommonUsecases
Athena Instant Remittance

ConfigurationforAdvancedUser-iRemittance
• Agent Registration
• Define commission rate
• Update/Apply rule of "Regular fee"
• Configuration related to compliance
• and various system entity mapping
Software configuration manager
Athena Instant Remittance

LicenseofiRemittance
• Pay As You Go
• Managed Service
• On-Premise License.
Type of Software License
Athena Instant Remittance

Email,SMSNotification-iRemittance
• Email software generated Invoice to customer
• SMS notification beneficially to receive payment
• SMS notification customer when beneficially get paid.
Notification
Notification mapping with different type of transaction event
Athena Instant Remittance

Tools,technologyandplatform
Supported Database Supported Platform Supported Application Server
Application is extensively tested on:
Athena Instant Remittance

No additional license for Database and OS. We recommend to use CentOS as
Operating system and PostgreSQL as database server.
No additional software license
CostCutofOSandDatabase
Athena Instant Remittance

Tools, Technology and Platform:
Tools,technologyandplatformofthisSolution
Athena Instant Remittance

Thank You.
InstantRemittanceManagementSystem
Athena Instant Remittance