SAPA - Single Architecture for Payment Area
With the SEPA development, Banks need to:
- overcome the traditional split between domestic and cross-border payments
- reduce complexity
- extend products/services capabilities
- enhance STP level of transactions.
- Contacts
SAPA (Single Architecture Payments Area) is the new and innovative Web application platform offered by RA Computer, SIA Group, to support banks in the strategic rationalisation of their payments processes in compliance with SEPA objectives.
It handles the entire payments process: from order reception to management of clearing and settlement procedures, up to enquiries and management of exceptions, making the whole payments process efficient, entirely STP-based:
It is divided in two different areas:
It handles the entire payments process: from order reception to management of clearing and settlement procedures, up to enquiries and management of exceptions, making the whole payments process efficient, entirely STP-based:
- STP Integration of Back Office Payments Processes with Corporate and Public Sector payment applications
- STP integration with the Governance & Control processes
It is divided in two different areas:
- one specialised in payments and collections infrastructural processes
- the other in inter-bank corporate banking.
