PRODUCT OVERVIEW

OpenText STP Financial Hub–Payments Portal
Designed for banks and corporations seeking a web-based portal to augment
payment messaging and files processing

Runs on theOpenText Cloud andleveraged through amonthly subscription
rather than an upfront
capital investment

Operating in the global financial markets requires sophisticatedmessaging capabilities. From interacting with transfer agents andbrokers to managing fund accounting and custodian interfaces,
payment and settlement processes demand effective controls,
flexible workflow and transparency. Organizations processing
thousands of transactions a day need up-to-date, accurate
information on transaction flows across multiple networks andProvides
transparency
to clients, reduces
errors, shortens
transaction
processing and lowers
operational risk
Integrates easily withexisting infrastructure

must provide secure, easy access for corporate clients.
OpenText™ STP Financial Hub–Payments Portal is designed for banks andcorporations seeking a web-based portal to augment payment messaging andfiles processing. With client-enablement features, such as self-service controls forrelease-to-processing and value-limits, the portal enables clients to submit paymentinstructions, monitor transaction lifecycles and facilitate various payment formats,including wire transfer, clearinghouse payments, ANSI EDI and foreign exchange.
The portal delivers exception management, proactive alert notifications andconfigurable reporting features designed to minimize the risk of failure. It provides
a simple, end-to-end view of cash movements in an easily configured control
environment. And, it is white-labelable.
STP Financial Hub delivers a flexible interface for managing payables andreceivables processing needs, including ACH, debit, check, wire transfers, foreignexchange instructions and more. It supports wire instruction creation for a variety ofMT/MX-formatted message entry via predefined template or free-form and can beeasily expanded to extend coverage.
Foreign-exchange transactions can be manually or automatically generated to ensure
synchronized currency movements and organizations can implement connectivity toa foreign exchange portal for realtime quotes and execution processing.

" One of the key

considerations for us wasto look for a partner who

The portal leverages a powerful transformation engine that dominates the B2B
space and sits atop an event-driven workflow engine to allow easy customizationof existing flows to suit process nuances, including adding file authorization andmodification capability at file, batch and/or payment level, with full maker/checker, for
an extremely flexible control environment.

was an expert in the trade

Runs on the OpenText Cloud

processing space and

STP Financial Hub-Payments Portal is offered in a Software-as-a-Service (SaaS)model, with no software to license, implement or maintain. Clients can leverage
the functionality of the portal via a monthly subscription pricing model, rather thanhaving to invest up front in capital expenditures. OpenText assumes responsibility
for all hosting and management of the software including upgrades.

who can really give us thatquick time-to-market."
Rajat Bhalla
Head of US OpenWealth Technology
Genpact

Read the Success story

Provides transparency and lowers operational risk
STP Financial Hub provides transparency to clients, reduces errors, shortens
transaction processing and lowers operational risk. Extensive validation algorithms
and configurable reporting capabilities enable users to quickly identify exceptions
and take corrective actions. STP Financial Hub–Payments Portal mitigates risk andimproves processing efficiency by delivering an interface that is tuned to thespecific needs of custody clients.

Integrates easily with existing infrastructure
Implementation of the application is fast and easy, as OpenText will integrate thepayment portal with existing infrastructure. OpenText also supports host-to-hostfile and message exchange with middle-office and back-office applications andfacilitates connecting to clients and counterparties through whatever mechanisms
best support their needs. OpenText supports a wide variety of connectivity options,message standards and file formats.

OpenText STP Financial Hub
Payments Portal

Web interface
File upload

Host to Host
Multiple protocols
MQs/FTP

Paymentcapture

Messagerouting

Statusupdates

Paymentinstructions

Document mapping, Data aggregation, Disaggregation, File splitting

Internet connection

Document mapping, Data aggregation, Disaggregation, File splitting

Web GUIBank
Payment
Systems

FileAct
InterAct
FIN

OpenText STP Financial Hub–Payments Portal

Multiple message standards
and file formats: ISO, 20022 XML,ESI ANSI x12, EDIFACT, CSV, BAI,NACHA, Microsoft® Excel, SWIFT MT,XML, etc.
2/5Security
Users access the Payments Portal through secure authentication. Based on preference,
all data is encrypted during transport. A full audit trail of user access and file uploads
is maintained in the portal to support historical analysis of transactions.

•B2B Managed Services

Instructing
Manual instruction entry
Users can key in the details of the transaction. Cash entry can be facilitated
via template entry, where the system stores pre-formatted entry forms to ease
instruction input and minimize errors during data entry, enhancing controls overthe process while speeding turnaround. Users can select their preferred output
format appropriate to their counterpart. Manual bulk instruction upload is available
via Comma Separated Value (CSV) file import directly to the web portal.
Automated instruction submission
Clients can submit messages in a host-to-host model, or via sFTP, using commadelimited files, various cash transaction formats, ISO 20022 or proprietary XML
messaging. Once instructions are received, a configurable workflow ensures thatthe appropriate controls are executed. The control environments are configured tothe organization’s and its clients’ needs, allowing them to decide whether to enable
full STP or a last-stop review, approval and release.
Wire instructions
Users can create internal and external payments. The configurable maker/checker
functionality delivers a controlled environment with added efficiency to a bank’sclients. Wire instructions leverage standard SWIFT message formats, including
inbound and outbound payments.
Foreign exchange instructions
These are supported in conjunction with settlement instructions management andcan be added to support various FX asset classes. Instructions are routed to FX
execution platform via SWIFT or FIX messaging protocol or proprietary format.

Monitoring
User interface enables realtime tracking of instruction lifecycles, including astandardized view of the transactional data with a natural view into files pre- andpost-transformation. The portal allows for a consolidated view of all transactions
affecting cash positions, as well as the distinct impact by file and file/payment type,as well as other data impacts.
Blotter
Customizable blotters allow users to display a variety of fields for eachtransaction. Filters enable users to view or hide all transactions associated with aparticular country, currency, value date or cash account number. Users can view thestatus of all instructions pending approval or pending settlement.

OpenText STP Financial Hub–Payments Portal

3/5

Reporting
The solution offers standardized reports, as well as the ability to create customized
reports for one-time or recurrent use. All reports can be exported for download
or scheduled for transmission via email, API or sFTP delivery CSV, XLSX or otheragreed format.
Exceptions
Exception management tools allow users to track and resolve transactions,which fall into repair queue. Exception reports display instructions withvalidation errors or those rejected by the bank, counterpart or correspondent.
Configurable email alerts enable immediate notification of workflow errors thatmight cause payment delays. Re-submission or re-processing with configurable
entry/approval processing can be leveraged to quicken resolution of exceptions.
FeatureDescription

Aggregation and netting

Streamlines messaging flows and reduces thevolume of messaging generated through netting or
aggregation, based on business rules

Rules-driven
payment routing

Delivers smart payment routing configured to eachorganization’s processes

Cloning, scheduling
payments andstandard formats• Accelerates day-to-day operations

Technical support

Includes self-service administration andprovisioning tools, as well as 24x7 technical support
from OpenText

Hosting

Includes complete hosting with the standard
offering of client testing, production and disasterrecovery environments, leveraging the cloud while
delivering the control environment to ensure proper
authorizations are in place for processing scenarios

Administration• Provides a multi-tiered administration module that
supports role-based access, with permission touse the functionality of the portal controlled bythe client• Delivers standard payment formats and routes
by counterpart with override capability tohandle exceptions• Enables self-service password reset to reduce
administrative costs

OpenText STP Financial Hub–Payments Portal

4/5

About OpenText
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OpenText, The Information Company, enables organizations to gain insight throughmarket leading information management solutions, on-premises or in the cloud. For
more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit: opentext.com.

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5/5