Bhuma’s managed service for US financial institutions
The platform is:
Fully compliant with the requirements of The Clearing House (TCH) real-time payments system.
Cloud-based, offering maximum security and reliability.
Suitable for a variety of uses – supporting education, training, automated testing and certification.
Available on a subscription basis.
Supports API or IBM MQ based integration.
Features
General Workflow Features
- XSD, Signature and Business Rules Validation
- Processing of all TCH Real-Time payment, payment related and admin messages
- Repeat Message Handling
- Duplicate Message Handling
- Timeout Message Handling
- UTF8 Character Set Support
- Generate SEN
Settlement Features
- Supports TCH Real-Time payments settlement model
- Create/Edit Settlement Calendar
- Cutover functionality based on Settlement Calendar
- Maintain Debtor/Creditor Net Position
- Credit/Debit Settlement Account
- Generate SEN
UI Features
- Execute Certification Criteria
- View Certification Criteria Execution Report
- View Settlement Summary
- Credit/Debit Settlement Account
- Create Settlement Cycle Snapshot
- View Settlement Cycle Snapshot
- View Payment Transactions
- View Payment Related Transactions
- View SEN Messages
- View Admin Messages
Service Offerings
Subscription service
- Ideal for functional and nonfunctional testing
- Fee will be based on
- No of users
- No of transactions per day
- Minimum subscription period – 1 Month
- Support – Working hours 09:00 to 18:00 (24/7 available with additional fee)
- Training – Online Training included (Onsite training available on request)
Onsite Consultancy services
- Product/Requirement Management
- Architecture and Design
- Testing Services
On premise services
- On premise/dedicated cloud service for Volume and Performance testing
- Fee will be based on
- On-premise vs Dedicated Cloud cluster
- Number of transactions/Second