Solutions

Improve Visibility and Control of Your Messaging Gateway

Whether it is a payment, FX trade, or securities transaction, all critical information transits through a messaging gateway. Banks often lack end-to-end visibility of their financial messages which prevents them from increasing operational efficiency while placing transactions and customer satisfaction at risk.

Lines of business and operational executives need real-time assurance that the gateway is running smoothly, along with the ability to anticipate risks and related impacts. This is a sizable challenge that very few banks effectively address today.

The SWIFTReady Solution

Working closely with SWIFT, Systar has created a powerful Business Activity Monitoring (BAM) solution that delivers continuous, real-time visibility into your messaging gateways. Systar's Financial Message Monitoring is the only BAM solution that has earned SWIFTReady Certification.

Systar's BAM solution provides the ability to read, analyze and act on inbound SWIFT messages before they hit your processing applications. It also extends your monitoring capabilities for outbound messages from backend systems into the SWIFT gateway.

This extended insight, covering end-to-end internal processes and into the edge of the SWIFT network, can provide the advanced warning necessary to avoid missing payments that impact your financial institution and clients.

This Systar BAM solution provides monitoring functions that our top customers have found to be most valuable, including:

• Flow monitoring
• Messages at risk identification
• Business performance monitoring
• Infrastructure monitoring
• Message search capabilities

Key Benefits

Systar's Financial Message Monitoring solution delivers results in three areas:

Increase Operational Performance

• Improve global performance in terms of transit times
• Maintain high STP rates
• Reduce service disruptions and operating costs

Increase Customer Value

• Provide traffic research tools and quality of service assessments
• Respond quickly to message status inquiries
• Communicate promptly with affected parties on rejected files
• Position lines of business to meet customer commitments

Reduce Operational Risk

• Provide LOBs accurate information on platform performance and risk exposure
• Avoid delays in sending files
• Reduce routing errors dramatically
• Ensure files are never duplicated
• Determine if message activity is consistent with baseline patterns

Why Systar for SWIFT and Financial Message Monitoring

Systar offers this SWIFTReady Certified solution based on the industry-leading BusinessBridge BAM platform. BusinessBridge provides proactive end-to-end visibility into payment and file process execution. As the most advanced enterprise BAM platform available on the market, BusinessBridge delivers relevant information and time-critical analysis to the key stakeholders and participants in each enterprise process.

For more information, download the SWIFT and Financial Message Monitoring brochure today.