NLS Banking Solutions > Financial Processing Suite (TERAFIN)

Financial Processing Suite (TERAFIN)

Terafin is a highly customized, high performance financial transactions processing suite designed to offer 24/7 availability to customer digital channels, independent of the core banking system in addition to managing risks through fraud and anti-money laundering detector module.

HOW TERAFIN ADDRESSES THE CHALLENGES

  • 01The solution is designed in a modern forward thinking services approach.
  • 02It offloads financial service processing capabilities from the core banking system by presenting tools which enable enterprises to design services while incorporating business logic and deploying them in real time without service disruption.
  • 03Data at core system database is synced in real-time using NLS Sync component to Terafin Database, this allows you to externalize business logic ,authorize, authenticate and validate transactions in a seamless manner .
  • 04Reduces high cost of maintenance and development by using in-house resources to introduce and accommodate new engines/products/services within Terafin suite which would otherwise require complete overhaul/upgrade of your core banking system.
  • 05Scales easily by reusing service capabilities, introducing new channels, new message types or third party packages to your ecosystem
  • 06Gains insight on business processes and performance using the suite Dashboard
  • 07Shields your channels from various impacts at the core banking system level or any service endpoint
ANALYTICS AND INTELLIGENCE

This is a module which helps banks to address their key risk and monitoring activities while comfortably supporting the ever changing and demanding requirements and processing rules addition

TRANSACTION PROCESSING ENGINE

Processes the requests and responds back to enable the channel to complete the transaction

EVENTS AND NOTIFICATIONS

These is an event and notification module for Terafin based events. It allows email and sms alerts

RECONCILIATION MODULE

This is a reconciliation system for Terafin processed transactions with the Core banking module

DASHBOARD

The state of art dashboard allows monitoring of traffic on real-time basis and service status.