31 January 2015
Your browser is unable to support Flash files.

Company profile for Dovetail

Dovetail logo
Headquarters
Dovetail, 51 Moorgate, London, EC2R 6BH, United Kingdom
Telephone: +44 20 7562 7788
Americas
Telephone: +1 862 261 3333

Company information

Dovetail provides enterprise-class solutions that support robust, flexible, scalable, and cost-effective banking payments processing. Since being founded in 1999 with offices in London and New Jersey, Dovetail has delivered innovative solutions to some of the world's leading banks. Dovetail offers a unique payments solution to the market in providing a single platform for processing all types of payments including both high value (RTGS) and low value payments (ACH). By leveraging our flexibility and open architecture, clients can deliver improvements incrementally, thereby reducing risk, leveraging legacy investment, and retaining agility as their business changes. We have proved this approach-which we call Progressive Renovation-in several global projects.

Products and services

Pre-assembled solutions We also offer a number of pre-assembled solutions that can be used 'off the shelf' or tailored to client's infrastructure and needs. All receive payments from multiple systems as either bulk files or individual messages in a variety of formats, and can be integrated with internal systems. The solutions include:
  • SEPA Credit Transfers;
  • SEPA Direct Debits;
  • RTGS payments processing e.g. CHAPS, Target2;
  • ACH payments processing e.g. BACS, STET;
  • UK Faster Payments;
  • Correspondent banking payments processing;
  • US Dollar Clearing: Fedwire, CHIPS;
  • Liquidity Management.


The SEPA Credit Transfers and Direct Debits solutions include all inbound and outbound 'R' message processing and provide extensible SEPA qualification rules, including IBAN and BIC checking and extensible routing rules for multiple clearing and settlement mechanisms including full reachability through XCT, bilateral and other channels. Mandate records are kept and maintained and used to validate Direct Debit collections.
Dovetail Payments System The Dovetail Payments System automates a wide range of payments processing-from bulk ACH clearing to global RTGS settlement-supporting both straight through processing (STP) and manual entry and repair. It is universal-covering wholesale and retail, high and low value, urgent and non-urgent, and single and bulk payments-in multi-currency, multi-company and multi-entity operations. Its secure, Web-based front-end supports local and remote payment entry and repair, liquidity management, and comprehensive exception monitoring. The system fully supports ISO 20022 messaging, ensuring no truncation of data.

The Dovetail Payments System is component based and built on modern open standards and technology, maximizing your hardware and technology platform options. It gives you full control to differentiate while retaining product's economic advantage.
Party Search Engine Party Search Engine queries reference databases & bank CIFs to automatically identify all related parties, qualify & repair payments & improve STP. Liquidity Manager Liquidity Manager monitors liquidity in real-time, providing a cross-currency, cross-channel view, position management controls, counterparty bilateral limits & dynamic liquidity policies.
Entry updates If you have updates or amendments to make to this page on behalf of your organisation or client, please send an email to contact@finextra.com.

White papers

Payments getting faster
(4131 views) 0
On Target
(4126 views) 0
Creating euro-utopia
(4664 views) 0

Solution source

Search by company or single key word

Have your solutions listed

solutions To get your company listed here or to update an existing entry, please contact Tom Edwards at Finextra on +44 (0)20 3100 3670.