Decillion Group, a specialist in payments and Software as a Service (SaaS) solutions, is delighted to announce that its flagship product, Modular Automated Processing System (MAPS) has been awarded with the SWIFTReady Payments 2012 Label, following a stringent criteria process.
This is the second SWIFTReady Application label that MAPS has received. MAPS was awarded with the SWIFTReady Financial EAI label in 2011. The SWIFTReady Payments label identifies applications that enable the initiation, generation, processing and settlement of inter-bank payments. This label is awarded to business applications that adhere to a specific set of criteria linked to the support of SWIFT FIN (MT) messages and MX messages, SWIFT connectivity and SWIFT functionality.
MAPS utilises the latest Microsoft BizTalk and SQL platforms and offers an unrivalled Status Driven Service Oriented Architecture, allowing users to have dynamic control and complete visibility over their entire payment processing needs. MAPS application supports the latest SWIFT standards and delivers a comprehensive solution that is compliant with the business and technical requirements of the financial industry. MAPS has been implemented in financial institutions across Asia Pacific, including Bank of Tokyo-Mitsubishi, Ltd. UFJ Bank (Australia), CFETS (China), CIMB Thai Bank and Singapore Exchange.
Thomas Lee, CEO of Decillion Group said: “We are very proud to be awarded with the SWIFTReady Payments Label. Together with the SWIFTReady Financial EAI label, it assures customers that our application supports the latest SWIFT standards and is able to meet the demands of the ever-changing financial landscape. MAPS is a proven solution that helps financial institutions to automate their payment operations, reduce operational costs and meet their business challenges.”