A well-organized transaction processing platform that simplifies, manages and controls the full breadth of payments, connectivity, integration and messaging services of an enterprise. IMS Payments goes further to cover initiation, pre-processing & post-processing activities.
The Platform assumes the following roles/functions:
IMS Payments automates the end-to-end processing of all payments of an enterprise starting from initiation to settlement and beyond to data governance, reporting and customer services.
A fully modernized and digitalized platform that can delegate decisions, opportunities and mitigate risks to its customers. It extends role-based dashboards and interfaces to obtain greater visibility and control at the branch, department, region, country and multiple-entity levels.
The main features of the platform are categorized and listed below:
Will I be able to make Cross Border Payments even if I do not have a Correspondent Bank?
Yes. ECS offers a series of cross border payment modules that can be utilized for making cross border payments without having any dependency on Correspondent Banks or Intermediaries. You can save a lot of money in fees and charges, your settlement time will be close to real-time and you can pay to beneficiaries in any country.
What are some of the benefits of having an integrated platform?
