IOM - Interbanking Operation Manager
Integrate different application, M&A activities, new regulations (SEPA, Target2), operational costs reduction, payments STP strategy, represents for financial institutions only the last and the future big pains. Different ICT platforms, different back office applications, different networks are "chaos factors" when time to market has became a "must" from the business point of view.
To respond to the above challenges and requirements, SIA-SSB has developed the IOM proposition.
As SEPA represents an opportunity for banks to reconsider their payments processing, overcoming current "silos" approach, IOM is the ideal solution to smooth down the complexity generated by technological changes with benefits in terms of integration, efficiency and costs reductions.
To respond to the above challenges and requirements, SIA-SSB has developed the IOM proposition.
As SEPA represents an opportunity for banks to reconsider their payments processing, overcoming current "silos" approach, IOM is the ideal solution to smooth down the complexity generated by technological changes with benefits in terms of integration, efficiency and costs reductions.
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IOM - Interbanking Operation Manager (1158 KB)- Contacts
Key components
IOM is a Mainframe Software product that can be applied in three different areas:
IOM is part of SAPA, SIA-SSB Group architectural model that allows Banks to rationalise their payments processes in compliance with the SEPA objectives, allowing:
- Application Integration Area
- Business Integration Area
- Network Integration Area.
IOM is part of SAPA, SIA-SSB Group architectural model that allows Banks to rationalise their payments processes in compliance with the SEPA objectives, allowing:
- STP integration of payment processes with processes towards PA and corporates
- integration with Governance and Control applications for a complete and integrated risk management.
Key features
IOM is a middleware software solution that:
- allows financial institutions to decouple business applications and the external components' evolution such as the network ones
- has the capability to transfer and transform business data (payments but not only) with different data structure without impacts on existing business applications
- specifically thought for addressing payments business needs (e.g. reconciliation).
IOM modules
IOM is a Mainframe Software product that can be applied in three different areas as:
- Application Integration Area
- Business Integration Area
- Network Integration Area.
For each area, IOM provides dedicated services as:
- IOM Base provides basic services to connect Business Applications (intra and extra Financial Institution) and transport data (payments or any other structured information) between them.
- IOM Add-Ons provides specific services for financial institution that can be used to specialize the behaviour of IOM Base. IOM Add-Ons Services are business modules located in the BackOffice Applications Area.
- IOM Access Service is multinetwork and today has network adapters both on SWIFTNet and SIAnet.
Technical features
- Host MVS (CICS DB2) application
- WEB JAVA components
- IOM Access JAVA interface
- MQ Series use.