Solution Architecture Report - IRDA

Solution Architecture Document - IRDA Business Analytics ProjectSearch Services: Ability to conduct regular and advanced search.Collaboration Services: Ability to perform content, data and application based collaboration in linewith Web 2.0 principlePersonalization Services: Ability to present customized views (e.g. language based personalization)and modules through a portal depending on the type and nature of usersRules Engine – Modules to perform basic validation of the data uploaded by the insurers.EAI/B2B Integrator: Modules to provide data integration services for on and offline data transfersPayment Gateway: The proposed portal will have an interface with a full-featured payment gatewaysolution and would provide the ability to process online payments using many payment instruments.Financial Transaction processing component will communicate to the card issuing banks/financialinstitution through a payment gateway solution. The payment gateway will be invoked from theIntegration hub through a request that is raised by the portal. The gateway services will authenticateand process the payment request based on the overall information sent. This payment requeststatus would then be passed back to integration layer and then the results are displayed back toportal.The capabilities of the Payment Gateway would be the following –Transaction ProcessingBasic validation of Payment Informationo MOD 10 validationo Well-formed Credit card number validationo Card expiry date validationAuthentication of payment informationo Authentication for Issuing Bankso Authentication for Internet payment processingo Support for services like Verified-by-Visa, MasterCard SecureCode etcAuthorization of payment informationCapability to ensure atomicity of the transactionEfficient and centralized Reconciliation mechanismSecurityCapability to securely communicate to other third party application/services on the Internetusing SSL protocolProtection by Secured firewallVerisign certificationAdministrationChecking the status of individual transactionsMIS ReportsRefunding transactions if applicableBusiness Analytics Project Page 40