Bottomline Enhances its Global Cash Management Platform
Bottomline Technologies has expanded support for service-oriented architecture (SOA) within its WebSeries Global Cash Management platform introducing new capabilities that allow banks and financial institutions to incorporate Bottomline’s payment and reporting functionality into existing applications. Designed to capitalise on the benefits of SOA, Bottomline says that its cash management platform provides banks and financial institutions the flexibility and scalability required to address the complex cash management challenges of their largest corporate clients. Through expanded support for SOA, banks and financial institutions can securely embed Bottomline’s application components and business logic into other applications. By incorporating WebSeries’ payment screens, transaction workflow and host integration services seamlessly into applications for corporates, small business and retail banking, and trust and securities services, users can establish new application deployment strategies for cash management products and services. Bottomline has also enhanced WebSeries with new capabilities that are designed to accelerate straight-through processing (STP) and enable banks to help corporate clients address ongoing regulatory compliance.