qPayIntegrator provides centralized real-time processing of financial transactions
| qPI
feature |
Banks |
Corporations |
Admins |
Service
Bureaux |
Microfinance |
Industry
Feature |
|
qPI-TIP |
√ |
|
√ |
√ |
√ |
Transaction broker
|
|
qPI-TIPc |
|
√ |
|
√ |
|
| qPI-MC |
√ |
√ |
√ |
√ |
|
Multicurrency |
| qPI-SEPA |
√ |
√ |
√ |
√ |
|
SEPA compliance |
| qPI-T2 |
√ |
|
√ |
√ |
|
TARGET2 connectivity |
| qPI-SEP |
√ |
|
√ |
√ |
|
Interface to Romanian CSM |
|
qPI-SEN |
√ |
|
√ |
√ |
|
| qPI-Lite |
|
√ |
|
√ |
|
Interface to Alliance Lite |
| qPI-2D |
√ |
√ |
√ |
√ |
√ |
Duplicate detection |
| qPI-DD |
√ |
|
√ |
√ |
|
Direct debit |
| qPI-DI |
√ |
|
√ |
√ |
|
Debit instruments |
| qPI-AML |
√ |
√ |
√ |
√ |
√ |
AML filtering |
| qPI-ReconS |
√ |
√ |
√ |
√ |
|
Accounts reconciliation |
| qPI-FMA |
√ |
|
√ |
|
|
Resiliency |
| qPI-TR |
√ |
|
√ |
√ |
|
Competitive reports |
| qPI-ML |
√ |
√ |
√ |
√ |
√ |
Liquidity reporting |
| qPI-Remit |
√ |
|
√ |
|
|
Remittances |
- qPI-TIP, intended
for financial institutions, is a pre-requisite to any other
feature, available in mono or multi processor environments; qPI-TIP
can be ordered with an additional number of connectors.
- qPI-TIPc is
the reworked qPI-TIP intended for companies, ensuring seamless
SWIFT and other external interfaces integration with the
corporation ERPs.
- Multi-currency
(coded qPI-MC) extends
qPI-TIP functions with multi-currency capabilities and provides
integration with SWIFTNet to enable correspondent banking
business
- SEPA
compliancy (coded qPI-SEPA)
extends qPI-TIP functions with the European Payments Council (EPC)
regulations regarding the Single Euro Payment Area (SEPA)
- TARGET 2
Interface (coded qPI-T2)
extends qPI-TIP functions to comply with TARGET2 settlement
- Romanian
Payment System Interface (coded qPI-SEP)
extends qPI-TIP enabling the financial institutions to connect to
the specific Romanian clearing & settlement systems for
-
Romanian Payment System Interface 2011 upgrade (coded
qPI-SEN) extends qPI-SEP functions to comply with the
upgrade of the SENT system (the low value payment settlement system
of TransFonD - the Romanian CSM)
- Alliance Lite
Interface (coded qPI-Lite)
extends qPI-TIPc functions by providing integration with SWIFT
network (via Alliance Lite), to enable corporations work with banks
in a MACUG or SCORE architecture
- Duplicate
Detection (coded qPI-2D) is
an early alerting tool of possible duplicated transactions (either
issued by the back-office/ERP application(s) or received from the
banks or market infrastructures), providing grounds for further
investigations and decisions
- Direct Debit
(coded qPI-DD) provides
the specific formatting related to the implementation for Direct
Debit transactions
- Debit
Instruments (coded qPI-DI)
ensures the management (receiving, sending and processing) of
payments made through cheques, promissory notes, bills of exchange
- during their business life-cycle
- Anti Money
Laundering Filtering (coded qPI-AML)
provides message filtering with detection of possible money
laundering transactions, for both high and low value payments (i.e.
SWIFT MT, MX and proprietary message structure), using 20+
supported 'black lists' and ensuring their content
maintainability
- Accounting
Reconciliation (coded qPI-ReconS)
is either a stand-alone product or an optional feature of
qPayIntegrator and provides NOSTRO/VOSTRO accounts reconciliation,
intraday liquidity reports and integrated exception management,
with exception memorizing to maximize automatic reconciliation
- Availability
(coded qPI-FMA) ensures
transactions mirroring from the production site to the remote
backup site of qPayIntegrator. beside real-time resilience at
transactions level, the solution provides additional attractive
features like monitoring and event management
- Competitive
traffic reports (coded qPI-TR)
offers several analyses and reports of the market trends, along
with early alerts
- Liquidity
Management (coded qPI-ML)
ensures real-time cash reports and forecasts using several
reporting criteria, in a consolidated view
- Remittances
(coded qPI-Remit) deals
with the collections, processing and distribution of
remittances