Almost any financial institution has multiple internal applications to support their payments business, each with unique messaging flows and formats. Achieving efficient, effective communications between these applications and external payment networks is a challenging. Inflexible legacy systems and constantly evolving message standards and regulations complicate this challenge even more.
TMS/X is a smart middleware solution to connect internal applications with payment networks and clearing channels, including central securities depositories. TMS/X is built on message-based, Web-enabled technology using Java by our team of engineers with decades of experience in the payment solutions development. TMS/X’s open architecture facilitates integration with internal applications such as Core Banking System, and provides a payment middleware layer around legacy systems to isolate these rigid environments to allow flexible access to new protocols and services. This functionality enables both low-risk, incremental modernization of legacy services and integration with new services and functionality.