Montran Study

TAGLINE :- We Unify The World Financially
1) Montran legacy stands rooted in creating trusted and world class secure payment
solutions for the domestic and international financial sector.
2) As India slowly but steadily embarks on a journey to reinvent how it sends and
spends money online, we lead this transformation, one solution at a time… one
transaction at a time… one client at a time!
3)The Montran Corporation has a long-standing reputation of designing sophisticated

payment, clearing and settlement systems for over 40 years. With offices in the US,
Europe, South America and India and over 120 SWIFT-certified integrations globally,
Montran has powered critical financial systems with consistency and integrity.
4) What we do :-
**COMMERCIAL BANKING**
TRANSACTION PROCESSING HUB
CLEARING GATEWAY
PAYMENT ACCELERATORS
CAPITAL MARKETS
CASH AND LIQUIDITY MANAGEMENT
**CORPORATE & NBFC**

**MARKET INFRASTRUCTURE**
5) Services :-
CLOUD OFFERING
QUALITY ASSURANCE
APPLICATION SUPPORT
6) For over 40 years and in more than 80 countries, Montran has provided
comprehensive Payment, Cash Management and Market Infrastructure solutions and
services to many of the world’s foremost financial institutions. Montran’s products
have been SWIFT certified solutions since their program’s inception more than 30
years ago.
Montran offers a complete line of integrated payment solutions and related products
for the financial services industry, including:
• Automated Clearing House System (ACH)

• Automated Transfer System (ATS)
• Central Securities Depository System (CSD)
• General Account System (GAS)
• Global Payments Hub (GPH)
• Global WebStation (GWS)
• Instant Payments Central Solution (IPS)
• Instant Payments Gateway (IPG)
• Intraday Liquidity Management (ILM)
• Investigation/Compensation System (INV)
• Message Gateway System (MES)
• Real-Time Gross Settlement System (RTGS)
• Sanctions & Filtering Solutions (Compliance Extensions/Multi-Dimensional
Filtering/Enhanced Filtering System)
• SEPA Gateway (SEPA-G)
• Trading System (TS)
• Virtual Account Management (VAM)
Montran is headquartered in the U.S. and is represented with offices in Europe,
South America, and India.
Website
http://www.montran.com/
Industry
IT Services and IT Consulting
Company size
201-500 employees
669 associated members
Montran or its subsidiaries (Montran Europe, Montran India, and Montran LATAM) as
their current workplace on their profile.
Headquarters
New York, New York (US)
Founded
1979
Specialties
Global Payments, Payment Gateway, Real-Time/Instant Payments, Clearing and
Settlement, Payments and Market Infrastructure Solutions, Virtual Account
Management, Compliance, Payments, Securities, Regulation, Resiliency, Strategy,
Trading System, Liquidity Management, and Intraday Liquidity Management
7) Over the past decade, the Indian financial landscape has gone through a
tremendous amount of changes because of digital payments. Various innovations and
initiatives by the government and new technology have made payments very simple and
easily available to the masses in the country. As a part of the payment
digitization process, India started operating its clearing rails, such as NEFT and
RTGS, on a 24x7 basis. India also introduced a real-time rail product for Universal
Payment Interface (UPI). UPI has since become a household name and is designed to
process 1 billion transactions a day. Montron's association with India started when
Montron was selected to implement OEM vendor for regulators' payment infrastructure
project. In addition to that, Montron also introduced its commercial bank products
to the commercial banks in the country, and today, six out of ten commercial banks
use Montron's solution to process their payments.
I'll be very happy to share one of our recent implementation experiences with one
of the big partner banks in India. This bank is a major retail bank and
participates in UPI clearing and settlement. They had applications running in a
hosted environment, and as we all know, that hosted environment brings its own
challenges in terms of scaling, availability of the system, and, of course, not to
forget about the cost. Having said that, we partnered with them and moved their
application in-house by implementing Montron's UPI product suite. Our UPI product
suite includes issuers and acquirer switch built on the latest microservice-based
technology, an emerging portal and administrative portal, and various reporting
modules. Montron UPI suite connects with banks' multiple internal and external
applications, such as fraud and risk management systems, core banking applications,
merchant portals, merchant APIs, mobile banking applications, etc., and provides a
comprehensive insight into dynamic data through widgets and reporting modules.
Our microservice-based design allows us to be agile in the market as NPCI keeps
bringing in more and more changes, and we have to ensure seamless delivery to our
customers. High availability and high scalability are the most important aspects of
the system when implementing the UPI application for any bank in India. Our
software design has to be agile to keep up with NPCI changes on the UPI rail so
that the time to market is minimal. One of the major challenges in implementing
this application was moving bank data from one environment to another without
impacting customers. UPI being a 24x7 rail, there is a very limited window to
perform these activities. On the first day of going live, we migrated the entire
data and successfully processed more than 5 million financial transactions and more
than 2 million non-financial transactions. Being an instant payment system, SLAs
are very important, and NPCI has stringent SLAs for the bank and keeps track of
every commercial bank's SLAs. Since our system went live with this bank, their
technical declines are almost at 0%, and the system is always available for them to
process transactions. This project execution is a perfect example of how we deliver
our mission to the customers. This has positioned us as a technology partner for
financial institutes who want to embark on their payment journey and accelerate
their business.

Montran Study

Uploaded by

Copyright:

Available Formats

Montran Study

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Montran Study

Uploaded by

Copyright:

Available Formats

TAGLINE :- We Unify The World Financially

3)The Montran Corporation has a long-standing reputation of designing sophisticated

CORPORATE & NBFC

• Automated Clearing House System (ACH)

You might also like

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.