Tieto Payment Suite

Tieto Payment Suite
Making payments pay off

Facing your payment challenges
The payment industry is going through a
period of turmoil right now. Declining revenues,
upcoming new regulations such as the PSD
and SEPA DD rulebooks, outsourcing &
insourcing, ACH consolidation, and many
more. No matter what their size, every bank
needs solutions to meet these upcoming challenges.
Large banks and payment processors
must improve efficiencies and consolidate
processing in order to reduce costs and
improve their services to gain market-share
in a highly competitive payment insourcing
market. This requires highly flexible solutions
that can be configured with ease to meet the
commercial and operational requirements of
a very demanding payment market. Smaller
banks that want to outsource certain parts of
their payment processing need solutions to do
so without impacting the services they provide
to their customers.
More and more banks turn to Tieto for their
needs in payments. And with good reason.
The Tieto Payment Suite is a flexible and
proven solution, fit for large-scale organisations
as well as smaller banks. The banks
using Tieto Payment Suite have found out that
there is money to be made in payments.

Highlights Tieto Payment Suite
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One integrated suite of products for all
payment types
Compliant with the latest industry
developments (amongst others SEPA,
UNIFI, SWIFT, MT202COV)
Highly parameterisable via UI
Comprehensive multi-bank and
white-labeling capabilities
Multi-channel support
Modular, SOA based architecture
Common data repository based on
industry standards (UNIFI, SWIFT)
Comprehensive API (web services) for
integration with bank systems
Designed for high volume processing
High availability and robustness

Full service offering
Tieto Payment Suite is a highly competitive, modern and proven solution from Tieto’s
Financial Services division. It is part of Tieto’s full service offering to help banks and
payment processors with their payment and corporate banking related opportunities
and challenges. Besides software solutions, Tieto’s full service offering comprehends :
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Strategic consultancy
Solution integration and professional services
Business transformation services
Application management and hosting services

Fit for purpose
The Tieto Payment Suite is designed with a ”fit for
purpose” in mind. Its flexible and modular structure
is very well suited for a gradual migration from a siloed
payment processing environment towards a single consolidated
platform to fulfil your payment strategy – whether
or not insourcing or outsourcing is on the agenda.
Its flexibility and comprehensive ‘multi’ features makes
Tieto Payment Suite extremely suited for the insourcing
of payment processing from other financial institutions.
Besides a comprehensive version for transaction
banks, Tieto also offers an ‘Express’ version of its
Payment Suite that is optimized for banks that want
to outsource the clearing and settlement of their
payments to other banks or processors. Tieto Payment
Suite Express is an easy to implement and operate
solution that takes care of the complete payment
life-cycle from origination until settlement reconciliation.
The Payment Suite Express solution is provided with
plug-and-play interfaces for various payment processing
service providers.
All enhanced channel services of the Tieto Payment
Suite are also included in the Express version, which
makes it possible for outsourcing banks to provide their
customers new revenue generating services and
improved customer experience.

Corporates
Retail
Fis
Bank staff
Customer
and
bank staff
channels
Channel
services
Information repository
Common functions
Payment
engine
Other bank domains
CSM
gateway
CSMs

Customer channel services
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Comprehensive customer channel functionality, such as:
– Origination, authorization and validation
of payment instructions
– Tracking & tracing of payments
– Customer (self-service) configurable
multi-channel notification and alerting
– Scheduling of future dated payments
and standing orders
– Reporting facilities
Support of multiple message formats,
including UNIFI and FIN
Integration layer (API) for seamless integration with
(existing) customer channels and other bank systems
Bank staff channel services
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Comprehensive bank staff channel
functionality, featuring:
– Registration of products and
customer agreements, including
corresponding tariff structure
– Configuration of payment
processing business rules
– Tracking & tracing of payments
– Manual entry/repair of payments
Role based access control for bank
staff to functions as well as data
Single task-lists with all activities to be
executed by a certain bank staff role
Integration layer (API) for seamless integration with
(existing) bank staff channels and other bank systems
Payment engine
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One single payment engine for processing
of all payment types for multiple entities
Processing flows and rules
configurable by bank staff via UI
Ability to apply different business rules per
payment instrument, bank entity, currency, etc.
Comprehensive routing & settlement
rules definable per bank entity
Support of multiple clearing & settlement
mechanisms (CSMs), including:
– On-us (book transfers) and internal ACH
– Bi-lateral and correspondents
– TARGET2, CHAPS
– EBA, VocaLink, Equens
– National payment schemes
Configurable exception handling actions
(automated repair, reject, manual repair)
Integration layer (API) for seamless
integration with other bank systems
CSM gateway
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Comprehensive SWIFTNet solution, featuring:
– Support of FIN, FileAct and InterAct
– Support of MT and MX message types
– Comprehensive message validation
– Tracking & tracing of exchanged files/messages
– Automated message repair
– Manual message creation / repair
Data transformation facilities supporting
multiple message standards
Bulking and debulking of files
exchanged with CSMs, featuring
– Full SEPA rulebook compliant, including
validations, R-transactions and ISO20022
– Out-of-the-box support of multiple
CSMs, including STEP2
– Generation of settlement accounting entries
– Reconciliation of settlement reports
Common functions
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Common modules, also applicable
as standalone applications:
– Automated repair (ProRepair)
– Reconciliation (ProMatch)
– Regulatory sanction verifications (ProScan)
– Exception and claim management (ProClaim)
Information repository
• Common repository with static data,
business rules and transactional data
• Payment data repository based on industry
standards such as UNIFI and SWIFT
• Activity log containing all automated
and manual activities
• Support for a large number of standard data
feeds (e.g. BicPlusIban, Sepa, ISCD, SSI, etc.)

Flexibility is key
The Tieto Payment Suite is characterized by a high
level of flexibility and configurability. The solution is
provided with a large number of parameters so that
the specific commercial and operational requirements
of your organization can be met in an optimal
way. These parameters can be set with ease by your
business staff via the user-friendly and intuitive user
interface of the solution. This also makes it possible
to implement changes in your payment processing
environment in a short time frame and without the
necessity of coding. All parameters contain a start
and end date which makes it possible to have the
changes in the configuration registered upfront
and have the system automatically activate these
changes on the specified start-date.

Tieto Payment Suite supports a wide range
of ‘multi’-features, such as:
• Bank entities and structures
• Payment instruments and currencies
• Product and product conditions
• CSMs and routing & settlement policies
• Distribution channels
• Languages and time zones
As part of the system configuration the Tieto
Payment Suite offers a broad set of configurable
automated repair rules which enables
banks to achieve the highest levels of STP
and operational efficiency.

Open service oriented architecture
The Tieto Payment Suite is based on an open, service-oriented
architecture in which re-usable components are accessible as
self-contained services according to SOA-based design principles.
The large number of interfacing points (API) makes Tieto Payment
Suite extremely suited for a seamless integration with other systems
without the necessity of code changes in the standard product.
Via the ‘outbound interface points’, the Tieto Payment Suite can
request functionality (services) from other systems inside or even
outside your organisation. Via the UI of the Tieto Payment Suite, bank
staff is able to configure where and when these ‘outbound interfaces’
within the process flow of a payment need to be activated.
For the integration between the interface points (API) of the Tieto
Payment Suite and the other systems, you can utilise integration (EAI)
tools according to your own preference. This approach does not only
allow you to have a maximum leverage of your existing integration
infrastructure, but also gives you the freedom to have the integration
activities executed by a party of your choice, whether this is Tieto,
your own IT department or a 3rd party solution integrator.
The ‘inbound interface points’ of the Tieto Payment Suite enable
other bank systems to access functions and data (services) that is
provided by the Tieto Payment Suite. This allows you as a bank to
offer your customers new and improved payment services with better
user experience via your existing channels. And your customers
shouldn’t expect anything less.
Value added
services
SEPA
Fit for
purpose
Comprehensive
‘multi’-features
Proven

Flexibility
Scalable and robust
Insourcing
SOA based
archicture
Highly parameterised
Extensive
integration
capabilities
Outsourcing
Industry
compliant
ISO20022

Why Tieto?
• Benefit from our leading and proven
payment solutions to reduce operational
costs and improve your services
• Profit from our extensive expertise and
experience in payments and integration
of payment solutions in complex
international bank environments
• Work together with a well-established and
leading solution integrator in Europe
• Reduce risks by choosing a trusted partner
with a long-standing track record within
payments and a Nordic best-practice heritage
• Get to know Tieto’s vision on payment
strategies in the European market
• Get in touch with the leading visionary
and service provider on the latest
eSEPA developments like eInvoicing
Please contact
Dagfinn Loen
Sales Manager Payment Solutions
Phone: +47 2 331 9209
Mobile: +47 9085 5559
E-mail: dagfinn.loen@tieto.com
www.tieto.com/payments