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Transact Central

Overview | Key Features | Architecture
 

The 21st century financial world demands highly customized solutions created at a very rapid pace, at the same time conforming to exacting reliability, performance and security standards. The traditional approach of either a product or bespoke development does not address the above needs.

CashTech's Transact Central directly addresses the above problem. By providing a rapid business assembly toolkit on a highly scalable and secure transaction processing platform, Transact Central ensures effortless, tailor-made and quick development.

With Transact Central, financial institutions can assemble solutions addressing multiple domains (Trade/Cash/Remittances), multiple segments (Banks/Corporates/Marketplaces), country specific business requirements (multi-lingual, multi-currency) and diverse customer profiles on a single platform.

A complete ground-up J2EE and componentized technology platform allows an easy mix-and-match with existing infrastructure, especially available in the areas of security, customer management and reporting. Transact Central spells significant benefits for three major segments:

Banks/Financial Institutions

TransactCentral, as a powerful business server, enables you to tailor standard products and/or services to meet specific needs of your customers. Further, Transact Central lends a distinct identity to your customized products thanks to its customizable internet front-end, private labeling, and branding features.

Corporates

Transact Central becomes the single platform through which company treasury managers optimize their workflows. Transact Central enables you to initiate, process and settle transactions. It allows you to access, monitor, and analyze the consolidated cash position across all business lines, banks and financial institutions, swiftly and easily. 

Internet Marketplaces

With large volumes of business being transacted over the internet, Transact Central becomes the ideal application for online buyers and sellers, and for financial institutions. Transact Central serves many financial institutions as a payment settlement system for buy-sell transactions. It gives these institutions a robust infrastructure that offers customized transaction management solutions to their customers.

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