A light weight payment middleware that could help enterprise payment initiating systems (CBS or otherwise) to integrate with NEFT, RTGS, SWIFT, and other wide SFMS based financial networks. Helps achieve STP with no or less manual intervention.

1. i-Connect
Please contact:
Mr. Pramod Gosavi, +91 989 030 4884
gosavi.pramod@idbiintech.com

2. iConnect
iConnect gives you a competitive Straight Through Processing (STP)
capability to process payment requests between Core Banking System or
Trade Finance System and Payment systems like RTGS, NEFT, SWIFT,
etc.
iConnect can help you process a very large volume of transactions in no
time, completely automated with no manual intervention.
iConnect integrates nicely with your Core Banking System and with your
existing Payment Initiation applications.
What you get
Increased revenue. Reduced expense. Increased operating margin.
Speed. Quality. Reliability. Accuracy. Increased Customer Satisfaction Index.
Audit. Comprehensive MIS Reporting. Analytics.
Looking beyond the obvious!

3. iConnect
Application Layer
NEFT RTGS SFMS SWIFT*
Messaging Layer
SFMS SWIFT
Technology Layer
Open Technologies (Java, MQ)
- Other such potential usages of SFMS as Letter of Credit, etc can be addressed
* - All SWIFT message types are supported
Looking beyond the obvious!

4. iConnect – Interaction Layout
iConnect
NEFT
(for NEFT)
Core Banking iConnect
System (CBS) RTGS
(for RTGS)
or
Enterprise
Application
(iConnect iConnect
SFMS
Client) (for SFMS)
iConnect
SWIFT
(for SWIFT)
Looking beyond the obvious!

5. iConnect and its features
Cost effective and efficient middleware between any Core Banking
System or Trade Finance System and Payment systems like RTGS,
SWIFT, ACS etc.
Provide a staging area for data enrichment with due maker/checker and
audit controls. Takes care of data gap in CBS.
Provide secure pipe for transmission of data from CBS to payment
gateway.
Data consistency through seamless integration with CBS.
Supports comprehensive MIS reporting capability.
iConnect can be configured to handle all types of SWIFT messages – from
Category 1XX to 9XX.
iConnect can be configured to handle multiple payment gateways and
messaging systems.
Looking beyond the obvious!

6. iConnect and features (continued)
iConnect can be integrated any Core Banking System. The user friendly
data mapping feature can be used to enable automatic data extraction
from the CBS.
The solution can be configured to support different error rules as defined
by SWIFT.
iConnect can be configured to support customized message structure and
data validation rules.
Looking beyond the obvious!

7. Key Business Benefits
Increased Customer Satisfaction. Improved turn around time (TAT), and
reduced cost of operations. Guaranteed return on technology investment.
Data from Core Banking System (CBS) is automatically pulled into
iConnect. This process eliminates duplicate data entry and reduces the
overall processing time.
Can be launched across the branches. Quick rollout and faster go-to-
market with payment capability.
Data consistency and integrity are maintained between CBS and
iConnect. Eliminates errors and reduces manual audit and rework.
Improves operational efficiency.
User friendly application. Requires only little manual maintenance effort.
Reduced training cost.
The solution has been designed to be lightweight and hence is not
resource hungry. Tested for high performance.
Developed using Enterprise Java. Portable across many platforms.
Vendor neutral, and thus offers wide deployment options to business.
Looking beyond the obvious!

8. Clients using i-Connect
Looking beyond the obvious!

9. Thank you