Base60 InstaRemit for Banks, built on J2EE Service Oriented Architecture (SOA), is a comprehensive multi-currency and multi-lingual payment and liquidity management solution. Acts as a single point of entry / exit for all outward and inward payments that goes in and out of the bank. It is a dynamic rule-based global payment solution that is specifically designed to meet various countries payment and settlement needs. Base60 InstaRemit platform is built on tops of an in-built message transformation component that facilitates ‘Straight Through Processing’ by seamlessly integrating with different systems in the bank, thereby providing enormous cost benefits.
Base60 InstaRemit comes with inbuilt Liquidity Manager that performs monitoring, notifying, prioritizing, scheduling, matchmaking and repairing activities of the liquidity management.