Decillion uses Microsoft Biztalk for financial messaging STP

Source: Decillion

Decillion Group announced that they aligning their efforts to fast-track and market automation solutions for SWIFT financial messaging.

With the successful implementation of MAPS (Modular Automated Processing System) in many major banks in Asia, financial institutions are now able to provide straight through processing (STP) and interface any core banking or corporate ERP applications to SWIFT and other networks. MAPS natively covers all SWIFT MT and MX message categories and provides a business process management platform for banks, securities, fund houses , insurance , corporate and market infrastructure institutions.

Decillion Group is a Microsoft Gold Certified Partner and the largest SWIFT Regional Partner in Asia Pacific. Decillion provides SWIFT business solutions, automation and integration services along with world class banking solutions such as Trade Finance/Services, Mobile Banking, Wealth Management, Operational Systems, Anti-Money Laundering as well as a Software as a Service (SaaS) platform for SWIFT connectivity and SWIFT related applications.

Decillion Group currently operates two SWIFT Service Bureau with users from over 15 countries in Asia Pacific Region providing SWIFT connectivity and related banking solutions on a Software as a Service(Saas) platform

Decillion Group has combined it's wealth of experience in SWIFT, with Microsoft Biztalk Server and the Biztalk Accelerator for SWIFT to produce MAPS. Microsoft BizTalk Server is Financial EAI gold labeled by SWIFT, ensuring that MAPS is underpinned by technology that has been audited and accredited by SWIFT.

"We are very pleased to work with Microsoft to provide an innovative STP platform for financial messaging and automation, essentially laying the building blocks to assist financial institutions to shift from application silos to orchestrated processes for next generation applications. MAPS provide the on-demand agility to deploy and integrate IT and operations that organizations demand today." said Mr. Thomas Lee, group CEO, Decillion Group.

MAPS can be used to address a wide range of of business needs from pure automation to achieve STP, through the provision of end to end transaction workflows, including deal confirmation, deal matching and settlement.

"Financial Institutions can utilize MAPS effectively to build and deploy new solutions rapidly to support emerging standards as well as maintain the existing SWIFT ecosystem. Together with Decillion, a leading edge banking solutions provider, we believe we will be able to jointly take SWIFT connectivity and banking automation to the next level", said Mr. Ryan Tan, Industry Manager for Banking Asia, Microsoft Corp.

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