Sygnity

Transactions handling in Elixir and Euro Elixir clearing systems

The Sygnity company in cooperation with National Clearing House of Poland (KIR) developed the new application that improves transactions clearings services at all banks that are participants of the Elixir and Euro Elixir systems.

The Elixir and Euro Elixir interbank clearing systems maintained by KIR are of key importance for the efficient banking sector operability in Poland, enabling clearing and settlement of millions of transactions every business day.  Elixir system is designed  to transfer orders and direct debits execution in PLN. Euro Elixir system, functioning within integrated infrastructure of Single Euro Payments Area (SEPA) in EURO, is used for domestic and foreign transfers in EURO and to exchange and handle complaint inquiries.

BUSINESS BENEFITS

The possibility of using KIR services without the need to install the application in the bank's infrastructure

in this variant, the service is served via the WWW.

Full parameterization of the settlements process

from manual operation to full automation.

Work in multi-profile mode

the possibility of parallel servicing of many bank branches within one installation.

Making available new application of Elixir and Euro Elixir system is the one of the largest technological challenges, KIR carried out since the implementation of first electronic version of Elixir system. Effective implementation of the solution was possible thanks to effective and professional cooperation between banks, KIR and Sygnity.

-Michał Szymański, Vice President of the Management Board of KIR

 

Source (in polish language)

SYSTEM FEATURES

The updated user application was made in a completely new architecture (both logical and technological), ensuring an increase in application performance and enabling support for processing up to 2 million transactions per hour.

handling payment, information and complaint messages in the Elixir and Euro Elixir systems

as an addition to existing file interface service, the option of data exchange with the bank’s IT systems based on Web Services and a database interface is supported

modernized user interface – operation via a web browser

transaction review mode and the set of available reports significantly enriched compared to the previous version of the user application

monitoring of processing of import and export messages in dedicated operator views

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Sygnity S.A.

Office Building Adgar Plaza B

Postępu 17B
02-676 Warszawa
NIP: 586 000 52 93

phone (+48 22) 290 88 00
fax (+48 22) 290 88 01
e-mail: biuro@sygnity.pl

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