Enterprises of different sizes require different methods for managing treasury management systems (TMS) and corporation-to-bank relationships. For example, small enterprises often require only a secure file transfer gateway, while large enterprises typically need sophisticated authorization and rules management capabilities.
Axway Financial Exchange (FEX) for Corporations is a multi-channel, multi-enterprise, and multi-service platform that provides enterprises of all sizes with real-time integration, security, and visibility into payment processes as they occur. Using FEX, you can:
- Use secured dedicated networks (including SWIFT) and low cost secured communication standards over the Internet (including EBICS).
- Exchange financial information with banks using the networks, protocols, and formats they require.
- Comply with stringent regulations such as Sarbanes-Oxley (SOX) and International Financial Reporting Standards (IFRS).
- Isolate the management of your financial flows from your business applications.
- Drive your financial flows with strong business visibility and data quality assurance.
- Bolster your financial performance by securing the underlying financial processes and flows.
- Reduce costs and increase business efficiency.
For small and mid-size enterprises with on-premise treasury management systems (TMS) applications that do not handle financial flows, FEX provides:
- Secure end-user access points to manage all data exchanges between your TMS application and your bank(s). Access points are easy to set up within your environment and are extensible upon request.
- Support for a variety of communication protocols, including FTPS, HTTPS, PeSIT, EBICS and AS2 (EDIINT).
For large enterprises that need to integrate multi-bank financial flows with their financial applications and systems, FEX provides:
- Multi-channel, multi-network, multi-format, multi-protocol capabilities.
- Application integration capabilities, including pre-packaged mappings between formats (for example, domestic and SEPA formats).
For very large enterprises that consolidate both internal and external financial flows into a central payment factory architecture, FEX provides:
- Advanced functions including format translation, content-based routing, validation and enrichment, bulking/de-bulking, splitting/enveloping, record fixing and recycling.
- Business visibility (both end-to-end and top-to-bottom, with detailed audit trails).
- Flow control process management for SLA fulfillment, data quality assurance, and regulatory compliance.