Few back-office operations are more critical to the viability of a financial institution than moving, clearing and settling payments. Banks and their customers alike expect and demand 24x7 payments processing capabilities, and open access to payment data for MIS reporting is a key element in running an efficient, profitable operation.
In today’s global market, customers expect fast, accurate and continuous movement of funds - between accounts and across the world. Not only do they expect settlement in multiple currencies within seconds of execution, but they also demand simultaneous information reporting on these transactions.
To control and monitor all payment traffic within Money Transfer System, ACI has created a tool called Workflow Monitor (WFM). The WFM is a powerful tool that allows payment supervisors and managers to control the critical workflow of their payment operations on a real time basis. In addition, ACI Money Transfer System supports a relational database management system for data warehousing, ad hoc queries, access by reporting tools and searches.
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