November 12, 2004
Real Time Financial Services (RTFS) for Wholesale Banking, part of the HP OpenPayments solution framework, was recently announced at SIBOS, a financial industry event in Atlanta attended by more than 5,000 participants. It was prominently included in the HP Real-time Payments Solution press release.
RTFS for Wholesale Banking
Real Time Financial Services for Wholesale Banking is an enterprise solution from HP that helps banks control cost, reduce risk, retain customers, and improve profitability. RTFS consolidates data and integrates disparate applications into a real-time global infrastructure for payment processing. The solution enables wholesale banks to
Track and manage global liquidity in real time, reducing risk and increasing volume
Integrate the end-to-end value chain, combining bank and client systems in a cost-effective manner
Offer value-add cash management services to clients with global liquidity positions and transparent access to history, as well as state information on individual payments
Achieve the highest levels of automation for payments and settlements, using straight-through processing (STP) and workflow management based on payment lifecycle tracking
Develop variable price models based on a detailed global analysis of a specific customer’s business
RTFS and OpenPayments
RTFS for Wholesale Banking is a solution within the HP OpenPayments solution framework, which includes platforms, technologies, common data models, partner solutions, and professional services—all of which enable wholesale banks to integrate, at the enterprise level, key payments operations that today may be separate and isolated within operational groups.
RTFS Technology
Fundamentally flexible and scalable, HP’s RTFS solution can be configured to meet a wide variety of business needs. The RTFS solution relies on several HP platforms, including Intel® Itanium® processor–based HP Integrity servers, HP ProLiant and blade servers, and HP NonStop servers. Operating systems include Microsoft® Windows®, HP-UX, Linux, and NonStop. The real-time database, or operational data store, runs on the NonStop platform.
Find out more
To find out more, check the RTFS Web page.
This news is published on NonStop Computing websites. November 2004.
|
Printable version
