ProRepair - Automated STP message repair
ProRepair is based on a single, common message repair and enrichment infrastructure. It incorporates novel and powerful methods enabling extensive and fast automated repairs. It has been developed using modern, component-based techniques, with clean separation between business logic and technical implementation, promoting efficient maintenance and support.
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Supported Technologies
AIX,
MS Windows Server 2003
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- Unspecified -
dagfinn.loen@tietoenator.com
+47 23 31 90 00
Additional Product Information
Simple, powerful and flexible
ProRepair's business rules are built from a standard set of powerful STP commands including
Conversion of free form addresses to BIC and National Identifier codes
Recognition, validation and formatting of codes embedded in free form text
IBAN and BBAN check digit validation
Account number reformatting
Determining bank of beneficiary from account number
Codeword translation and deletion
ProRepair comes with a complete set of standard business rules that target the types of STP problems that all banks face. However, each bank faces specific STP issues. Therefore, ProRepair’s business rules are flexible and modifiable by the business user.
Advanced, modular and efficient
ProRepair is based on a single, common message repair and enrichment infrastructure. It incorporates novel and powerful methods enabling extensive and fast automated repairs. It has been developed using modern, component-based techniques, with clean separation between business logic and technical implementation, promoting efficient maintenance and support.
Interactive message enhancement
ProRepair acts as an 'STP assistant' enabling manual message entry and repair to be performed more efficiently and can be integrated into the bank's web applications, extending STP assistant facilities to customers.
Flexible centralised control
Provided as standard with ProRepair are companion applications enabling control of ProRepair's business rules, and its static data such as SWIFT's BIC Database Plus.
Management information
The ProRepair solution provides standard reports and statistics for management information, charging purposes and customer relationship management.
Increased automation means reduced costs
ProRepair provides numerous benefits, such as an overall improvement of STP rates and benefits related to the reduction of queries, improved service, rationalisation of resources and improved perception by business partners and customers.
Return on Investment for ProRepair is achieved within very acceptable time frames due to the considerable savings related to
Resource savings (less time spent on performing manual repairs)
Lower back-charges from correspondent banks and better rates in differential charging agreements (due to higher quality of outgoing messages)
Higher efficiency (ability to process more messages/transactions with the same number of people)
Higher outgoing STP rates lead to a better perception of the bank amongst its correspondents, and so to an enhanced reputation.