PSI system components

• Core (payment processing)
• User interface — WEB or GUI
• Nostro Monitoring Module
• Review and/or update
• Interrogation
• Archive
• Dictionary — Referral System for banks
• BOSS middleware for integration with external systems
• Audit journal

Psi system basic functions:

Front-office

• Control of payment correctness at input and during all processing stages.
• Run indication at input or automatic run identification on the basis of payment parameters.
• Automatic or manual definition of payment processing priority.
• Automatic or manual definition of other payment parameters and classifications.

Payment processing

• Organisation of different processing flows (conditions of / necessity of processing stages performance).
• Intellectual payment despatch between other systems within the automation complex.
• Payment routing within the branch or enterprise network.
• Configuration of different schemes and regulations for deal payment processing.
• Deferred payment queueing — payment performance after receipt of sufficient funds on remitter account.
• Erroneous cases investigation.
• Procedures for the calculation and recovery of commissions & fees.

Nostro administration

• Nostro accounts registration with relationship to branches.
• Current and forecasted Nostro positions.
• Nostro analysis and breakdown of account balance into specified classifications.
• Consolidated positions by currencies, regions, etc.