WebSphere Transformation Extender

Industry Pack for Single Euro Payment Area (SEPA)

WebSphere® expects to deliver an Industry Pack for SEPA product by the end of 2nd Quarter 2007.* IBM Software Group Services is able to offer a QuickStart service and solution accelerators for SEPA for IBM Clients needing to pilot and develop their SEPA solution with IBM WebSphere Transformation Extender.

If you would like an IBM representative to contact you to discuss your SEPA requirements please call or e-mail as shown right quoting the priority code 104CBW63.

What is SEPA?

SEPA is the European Payments Council payment services directive for a Single Euro Payment Area (SEPA). SEPA will make it easier for any European Union citizen to make an electronic payment to an individual or business in another member state, as it is to make a similar payment within the borders of his own country.

The SEPA payment services directive addresses the incompatibilities brought by different member-state banking payment systems, the technologies they use, and the different laws and regulations.

The challenge today for banking institutions is to put in place the necessary software infrastructure and business processes to support both their current national payment services schemes and the new SEPA schemes.

SEPA introduces new application integration messaging requirements (as well as business process models) for Credit Transfer Payments, Direct Debit Payments, and Credit Card Payment systems. The SEPA messages are published to banking institutions as UNIFI an XML Schema, and part of the ISO20022 standard. SEPA also provides participants a set of mandatory rules and advisory guidelines for converting between domestic country formats (such as MINOS in France, DTAUS in Germany) and the new SEPA format.

What role does WebSphere Transformation Extender play in delivering a SEPA solution?

SEPA participants require a data transformation service preferably sourced from a single vendor that can:

• Convert and validate to and from the SEPA format and formats required by their internal applications and business systems.

• Convert and validate to and from the SEPA formats and one or more domestic country payment system formats (e.g., DTAUS, MINOS, BACS).

• Convert between SEPA ISO20022 and SWIFTNet FIN ISO15022 Message Types (MT), in particular MT 103.

What differentiates WebSphere Transformation Extender for this role?

WebSphere Transformation Extender is a proven solution for high performance and reliability in leading banks worldwide. It delivers significant returns on investment, especially in the reduction of maintainance costs over the lifecycle of solutions as standards, compliance rules, and regulations evolve.

• Convert and validate messages in a single step. No pre- or post-processing required.

• Flexible deployment options include System z MVS Batch, CICS, IMS, and USS environments.

• IBM-supported solution acceleration industry packs include SWIFTNet FIN and SWIFTNet Funds.

*Represents IBM's current intent and is subject to change or withdrawal.