INTIX VALUE PROPOSITION

FOR FINANCIAL INSTITUTIONS

Marc BraetChief Executive Officer

INTIX for Financial Institutions

INTIX helps Financial Institutions address

the Information Challenge

across all their financial data sources

The Information Challenge for Financial Institutions

Growing transaction volumes

Many data structures and formats

Growing data volumesMany internal and external

data sources

Enabling

Borderless

Data

IntelligibilityData-focused regulatory requirements

Pressure for fact-based decision making

Digitisation

Regulation

Enabling borderless data intelligibility

INTIX helps Financial Institutions turn

Financial Transaction Data

into business profit

Financial Institutions must elevate data to its deserved status of strategic asset

• Critical data is siloed and this impairs

enterprise-level reporting, decision-making

and performance optimisation

• Regulatory bodies now require information /

data management to be a foundational effort

within all Financial Institutions for purposes of

risk management and compliance reporting

• Financial Institutions need to become

information-centric enterprises

• Data needs to be actively managed on an

enterprise level for its embedded value to be

realised

• Main challenge is the lack of talent to implement

big data and the integration with existing

systems

• Executives report big data delivering business

outcomes for a wide spectrum of strategic

corporate goals - from revenue generation and

new market development to enhancing the

customer experience and improving enterprise-

wide performance

• Big data is definitively disruptive, potentially

transformational.

INTIX serves institutions active in the Financial Services Industry including corporate treasuries

Banks

Asset

Managers

Market

Infrastruc-

tures

Corporates

Supervised Financial Institutions

Capital

Market

Firms

Insurance

companies

INTIX helps its clients addresstransaction data management needs

Regulatory

Compliance

Customer

Experience

Risk and

Audit

Business

Insights

Needs

Regulatory Compliance

Regulatory

transaction reporting

In-country archive

Long-term archive

Screening of

customer master

data

Risk data

aggregation and

reporting

Intra-day liquidity

reporting

Needs

Compliance

Analytics

Regulatory

investigations

End-to-end

traceability

Customer Experience

Customer SLA

checking and

reporting

Transaction visibility

and history across

functions and systems

Full text search on

clients and transaction

details

Instant access to

archived data

Decrease claim

resolution timeInstant data drill-down

Claim follow-up and

tracking

End-to-end

transaction tracking

Transaction-level

alerts

Needs

Client transaction

development

dashboard

Business Insights

Multi-system

data aggregation

Transaction visibility

vs. message

analysis

Advanced statistical

analysis

Multi-semantic data

aggregation

Multi-format data

aggregation

Ultimate ordering

customer analysis

Track and trace

Transaction visibility

vs. message

analysis

Multi-semantic data

aggregation

Ultimate ordering

customer analysis

Transaction visibility

vs. message

analysis

Multi-semantic

data aggregation

Ultimate ordering

customer / beneficiary

analysis

Needs

Risk and Audit

Monitor internal and

external SLAs

Real-time reportingRaise transaction-

level alerts

Audit in real timeAutomated group-

level reporting

Publication of limited

data to external

parties (e.g., XS2A)

Automated

management reports

Raise predictive alerts

Needs

Log file analysis

INTIX for Financial Institutions

Searching Reporting TrackingAlerting

Information Challenge

PaymentsTrade

FinanceSecurities Master Data Risk Data

Visibility Control

Publishing

Sharing

INTIX is fast and easy to implement

Non intrusive

Time to market

Flexibility andScalability

• No impact on back-office applications• Plug-and-play with MQSeries and flat files• No data privacy issues

• Lightweight implementation• Configuration-based data processing

• User configurable reports• Extendable to additional data sources

INTIX Message Suite is modular

Compliance Reporting(BCBS239, ECB 2013/43, ...)

Operational Data Store (PSD2 / XS2A)

Transactional Investigations

Track & Trace

Business Intelligence

Real-time Monitoring

Archive Management

INTIX Message Suite – description of modules

Wasting time and resources on messaging data searches and (compliance) reporting?

Difficulties turning turning your financial messaging data into insightful dashboards?

Alerted in real-time when specific business conditions are met in your incoming or outgoing financial messaging?

Easily track all messages accross the entire value chain, and view the conversation instead of the single message?

Automated and efficient payment investigations on all customer and messaging data?

Mitigate PSD2/XS2A risks of third parties connecting to your core banking applacations?

INTIX Message Archive (IMA)

Wasting time and resources on messaging data searches and (compliance) reporting?

indexes both long-term and real-time all financial messaging and

offers a single-point-of-access for investigations, searches & reporting

All messages are indexed in a NoSQL file-based database.

(performance & cost)

Supports all messaging standards accross all channels; including

individual transactions in bulk/batch files.

WebGUI provides access to all messaging regardless of which

standard, channel and/or archive the data resides.

Using an intiuitive query interface supporting both facet or structured criteria

(incl. free text search)

Full search across all your financial messaging

Listing of criteria used in current query, easily viewable and removable.

Point-n-click search criteria selection with drill-down functionality.

Overview of all messages in any standard of any originating system matching the search criteria.Individual messages can be opened from here.

Form-based search criteria, also catering for free text search in all messaging data.

Saving/loading of regularly used queries is supported.

Easy detailed access to any financial message

Model view displays a transaction in an easily readable view; for ex.: all payment instructions regardless of format (MT, MX, etc.) are similarly displayed .

Structure view displays the transaction with all the different ‘blocks’ and ‘fields’ fully expanded and detailed.

Text view displays the original message in its original format.

Export to PDF, Excel & RJE

Reporting: ad-hoc & automated

Search criteria for pre-defined reports within the solution.

Adapting & creating specificreport parameters via GUI.

Overview of all reports within the system, contains out-of-the-box and user-created reports.

Export function to PDF and Excel format.

Bulked Messages

FILEMESSAGE

TRANSACTION

message referenceoffset = xxxxxsize = xxxxx

transaction referenceoffset = xxxxx

size = xxxxx

• INTIX Message Suite supports the concept of logical de-bulking.

• Supports three different perspectives on the message data, all with search/query/report/dashboard functionality:

- x File(s)-- x Messages in a File--- x Transactions in a Message

Paged Messages

Header

Opening Balance Final

Transactions

Footer

Closing Balance Intermediate

1/3

Header

Opening Balance Intermediate

Transactions

Footer

Closing Balance Intermediate

2/3

Header

Opening Balance Intermediate

Transactions

Footer

Closing Balance Final

3/3

storage

Header

Opening Balance Final

Transactions

Transactions

Transactions

Footer

Closing Balance Final

visualization

• INTIX Message Suite supports the concept of logical concatenation of message parts.

• Partial messages are stored separately. Final message is created using references to different parts of the partial messages, without effectively copying any data.

provides Business Intelligence by aggregating transaction data accross

your entire value chain using dynamic dashboards & reports

Difficulties turning turning your financial messaging data into insightful dashboards?

INTIX Message Warehouse (IMW)

Cash Management, Counterpart & Relationships, Business Network,

Securities, FileAct content & volumes, KPI’s, etc.

Financial messaging is indexed and correlated in real-time accross all

interfaces, front- & back-office systems.

Sample dashboard: Payments Volumes & Values

Dashboard are based on different portlets, all fully configurable via the GUI.

Form-based search criteria, allows updating a dashboard in real-time: for ex. dashboard on all messages from specific counterpart during a timeframe.

Interactive dashboards: all data values displayed in the dashboards are interactive - clicking on a specific item will open a listing of all pertaining messaging on which the data is calculated.

Solution comes ‘out-of-the-box’ delivered with different useful dashboards (Reconciliation, Correspondent Banking, etc.)

User-configurable:Dashboards are based on portlets, with queries and criteria defined.Different aspects of the portlets and criteria can be easily changed through the GUI by the user.Queries can be added, changed and removed as needed.A user can easily create new dashboards for his specific needs.

Sample dashboard: Counterpart Analytics

Besides business intelligence, there are many different dashboards available for operational & technical departments.

Some examples:

- Total on messaging volumes, split per category.

- Calculating FileActsize per correspondent.

- Peak volumes and moments.

Alerted in real-time when specific business conditions are met in your incoming or outgoing financial messaging?

configurable query-based real-time alerting on financial messaging

across your entire value chain

INTIX Message Monitor (IMM)

Based on business criteria, system criteria, or mix of both.

Alerting methods can be configured as per the institution’s standards.

For ex.: email, SNMP, etc.

configurable query-based real-time alerting on financial messaging across your entire value chain

Message monitoring & alerting

Based on business criteria, system criteria, or mix of both.

Alerting methods can be configured as per the institution’s standards. (email, SNMP, …)

Some examples:

- Cut-off time monitoring

- High-value payments

- Failed messages (eg. NAKs)

Easily track all messages across all systems, and view the conversation instead of the single message?

correlate different messages and events with one other in order to manage the

message status and get a clear view on the entire message life-cycle

INTIX Message Tracker (IMT)

Reconcile a message or event with the original message and updating the status or other

characteristics accordingly.

Ex. ISO-20022 “R” Messages, individual transactions within a message with a

SEPA reject message (pacs.002, pain.004).

Different statuses and steps can be tracked based on the correlation characteristics.

A conversation is a collection of messages related to a single intitiating event.

Provides a view on a entire processing history triggered by the intiating event.

CONVERSATIONS:

Sample conversations

TSGTRAXMULEJDE

DB TS

SSB

MT-101MX.pain.001

MT-940 MT-942MX.pain.002

MT-199

MT-940 MT-942MX.pain.002

MT-199

MT-101MX.pain.001

MT-940 strippedMT-942 stripped

manualpayments

CSVCSV

MX.pain.001

BE CODA2

Payments

Bank Statements

Automated and efficient payment investigations on all customer and messaging data?

automate and document your investigation processes

and provide access to all relevant data

INTIX Case Manager (ICM)

Automate your manual and email based processes using a fully

customizable workflow

Single-window access to all messaging data accross all channels and a broad horizon, using powerfull searching features

Cases contain full audit trail (system & investigator actions), comments and linked messages

Sample investigations automation scenario

CRM (Internal):• Branches• Contact Centers• Other departments• ...

Messages from other Banks• MT195• MT196• MT202• MT999• Compliance messages• ...

InvestigateUpdateRelease

INTIX Case Manager & Workflow

email

Web Interface Internal & ExternalReporting

Au

tom

ated

imp

ort &

case creatio

n

Au

tom

ated

im

po

rt &

ca

se c

reat

ion

Automated update to CRM

Automated SWIFT MT Response

Outbound SWIFT

Case Manager

Single platform for diverse needs (eg. Payments Investigations, Claims Handling)

Create Cases:Cases can be started on the result of a financial message search/query. Likewise cases can be created by manual initiation following an investigation request received from internal or external parties. Cases are indexed and fully searchable on the different fields.

Manage Cases:Cases are assigned to an investigator, whom can execute different actions on a case (searching, status updates, escalation, send of review, closing/re-opening). Related messages can be linked to the case and results can be exported (either to external application or PDF-format).

Audit Trail:Full audit trail with timestamps covering all actions taken on the case, from opening to closing.

Case Dashboards:Graphical and grid overview of the number of cases and their different statuses (opening, under review, investigation, escalated, …). Different perspectives can be configured (number of cases handled per user in a given timeframe, total run-through time of case-handling, …)

Operational Reporting:Different operational reports can be generated, similar to the Case Dashboards.

Mitigate PSD2/XS2A related risks of third parties connecting to your core banking applications?

Enable a non-intrusive layer with all required customer, account and payment data

between third parties and the core banking applications

INTIX Operational Data Store (ODS) for PSD2

Single point-of-access for TP PSPs to the needed information; bi-

directional status reconcilliationMedium-term persistence for complex data structures; combination of data store and middleware functions.

Third Party Payment Service Providers whom are mandated to have access to bank accounts using API’s (XS2A).

ConclusionINTIX allows you to master your transaction data

a platform for collecting, integrating and managing

large sets of structured and unstructured data from

disparate sources

a single tool to access consistent, accurate and

timely data

a way to make data actionable through reports,

alerts, aggregation, workflows, …

a tool to find trends, understand your clients,

segment and target your market.

INTIX

Message

Suite

Some references…

Thank You

www.intix.eu

marc.braet@intix.eu