- About Us
IT2’s payment solutions deliver a consistent, repeatable and integrated process to collect, centrally control, release and track payments of all kinds, including commercial, treasury and inter-company payments. IT2 supports the entire payment lifecycle, with integrated and secure straight through processing (STP).
IT2 supports payment factory, shared service centre and in-house bank payments management. The solution supports repetitive and free format payment messages / wires, for domestic, cross-border and foreign currency payments. It is a best practice solution that centralises, standardises and controls the organisation’s payments, regardless of size, origination point or destination. It addresses the inefficiencies and risks inherent with fragmented and complex payment environments which typically involve many different types of format, security standard and transmission protocol.
IT2 enables treasury control to be applied equally to high value and commercial bulk payments management, enhancing enterprise-wide cash visibility and mobility, reporting transparency and financial risk management.
IT2 holds the SWIFTReady for Corporates – Treasury label. The award of this label by the SWIFT Partner Management Team provides an additional certification which assures clients that IT2 correctly creates and validates SWIFT messages relating to the three key treasury-bank communications requirements: bank balance and transaction statement reporting, settlement management and confirmation management. The certification process rigorously tested that IT2 demonstrates compliance with SWIFT standards, messaging services and connectivity.
IT2’s payment solutions enable treasury departments to increase operational efficiency, minimise bank costs and mitigate the operational risk surrounding the payments process by providing a secure, standardised STP operational platform. The solutions are fully linked with IT2’s cash positioning, forecasting and risk management functions, facilitating effective cash visibility, policy compliance and process control in a single solution.