FINTP

FinTP for banks connects back-office, core banking, or other internal bank systems with external networks, market infrastructures, or distribution channels. It ensures STP (straight-through processing) and integration between these proprietary and usually non-interoperable applications. The core functions are flow automation, processing various types of message types, validation, reconciliation, resilience, persistence. It then offers a rich set of business and technical functionalities, aimed to accommodate the needs of bank operators, regulatory requirements, audit policies, or end customers. FinTP performs routing and processing of messages between financial institutions, achieving cross-industry interoperability. FinTP helps business customers consolidate their financial and treasury operations. It also helps retail chains reconcile and settle available stock with registered sales. The main role of FinTP is to achieve automation of business, operational or technical flows.