A single door to numerous third-party payments or service providers. Your bridge to the payment world!
For Banks, E-Money and Payment firms, Lending and Factoring, and Crypto exchangers
The leading HUB in the payment industry
Free of charge automated screening of counterparties through 20+ sanction lists
Quick time to market
Works with 3rd party ledgers
No Java. Significantly faster way to add new features and Plugins.
Suits for companies of any sizes – banks, FinTechs, crypto exchangers, etc.
Possibility to migrate any time to “On Prem” business model
Supports ISO 20022 standards
Key functionality to handle your payment flow.
- Tailor-made routing for your entire payment traffic based on numerous parameters
- Ability to create plugins with new Nostros by yourself
- Currency exchange function with arbitrage
- Scheduling cut-off times and clearing cycles
- Access and management via an API or a back-office
- Creation of multiple roles in the back-office with advanced security features
- Creation of IBANs and eWallets with your Nostro
- Sweep function for simple safeguarding of funds
- Duplicate payment avoidance
- Logging of all actions
- Reconciliation – reads actuals balance with Nostros, compares balances between Nostro and your Ledger
- Supports instant payments
- Validates payments through iorys Compliance module or 3rd party AML system
- Matches payment instruction with real transactions for efficient reconciliation
- Free of charge automated screening of counterparties through 20+ sanction lists
- Supports import of bulk files with automated parsing
- Stores necessary payment data for future reference and search
- Performs syntax and rules validation
- Attachment of specific client groups to certain Nostros
Tech Stack: PHP • MySQL • Microsoft Azure HSM • REST-API