Using CHIPS

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CHIPS, the New York Clearing House Interbank Payment System, is an industry standard for clearing international payments in U.S. dollars. CHIPS is a real-time, final payments system for U.S. dollars that uses bilateral and multi-lateral netting for maximum efficiency. CHIPS has the capability of carrying extensive remittance information for commercial payments and is a premier payments platform serving the largest banks from around the world.

In the IBM® implementation, messages are sent from Sterling B2B Integrator to the CHIPS Central computer in New York, and are received by Sterling B2B Integrator from the CHIPS Central computer.

This table describes how Sterling B2B Integrator supports CHIPS:

Functionality Details Action You Need to Take to Implement CHIPS
Services
  • Generic Envelope service envelopes CHIPS messages.
  • Generic Deenvelope service deenvelopes CHIPS messages.
  • EDI Encoder service allows you to specify the Application Sender ID and/or Sender ID along with the Application Receiver ID and Accepter Lookup Alias, to allow for an envelope lookup for a document that is to be enveloped.
  • The Document Extraction service allows you to obtain values for the Application Sender ID and Application Receiver ID so these values can be passed to the EDI Encoder service to find an envelope for the document that needs to be extracted, encoded, and enveloped.
  • CHIPS adapter is responsible for sending CHIPS messages using MQ and SWIFTNet.
  • CHIPS Utility service is responsible for the start of day, end of day, and CHIPS adapter lookup functions (to handle incoming CHIPS messages and returning acknowledgements).
  • WebSphereMQ Suite Async Receiver adapter enables you to receive CHIPS messages using the MQ transport mode (in conjunction with the CHIPS adapter).
  • The SWIFTNet Server adapter and SWIFTNet HTTP Server adapter enable you to receive CHIPS messages using the SWIFTNet transport mode.
  • For the EDI Encoder service, specify the appropriate parameters for envelope lookup.
  • For the Document Extraction service, supply the appropriate parameters for the Application Sender ID and the Application Receiver ID.
  • Configure the CHIPS adapter at least once before any participant sends a message.
  • If you are using SWIFTNet as a transport mode, configure the appropriate SWIFTNet adapters and services.
  • If you are receiving CHIPS messages using the MQ transport mode in the CHIPS adapter you must configure the WebSphereMQ Suite Async Receiver adapter.
Envelopes
  • Inbound CHIPS envelope wizards to implement inbound CHIPS.
  • Outbound CHIPS envelope wizards to implement outbound CHIPS.
  • Create the appropriate CHIPS envelopes for each message you are sending and receiving.
Predefined business processes
  • CHIPSDeenvelope
  • CHIPSEnvelope
  • CHIPSAdapter
  • CHIPSExtractMailboxMessage
  • CHIPSUtilityEOD
  • CHIPSUtilitySOD
  • CHIPSAdapter_SupervisoryCheck
  • CHIPSUtility_ReceiveHandler
 If you want to use the predefined business processes to perform start-of-day and end-of-day actions automatically, use the Scheduler to schedule the CHIPSUtilityEOD business process to start every evening, and schedule the CHIPSUtilitySOD business process to start every morning.
IBM Sterling B2B Integrator Map Editor
  • The Sterling B2B Integrator Map Editor wizard enables you to generate a file layout using the CHIPS message that you select. Included in the CHIPS map are CHIPS fields and elements that are defined by CHIPS.
  • Properties dialog boxes that enable you to define and modify CHIPS map components.
  • Autolink function automatically creates links between input and output fields that have the same name or business name. This function can be used with any data format.
  • Additional mapping operations as needed.
  • Download Sterling B2B Integrator Map Editor.
  • Download and install the IBM Sterling Standards Database for CHIPS from the Deployment > Standards menu.
  • Create a map or maps to translate your CHIPS messages.
Correlation Search Search by CHIPS information. Use the EDI Correlation search functionality to search for CHIPS correlation information.
Reports Report by CHIPS standard Use the EDI Translation Detail report to search for details of inbound and outbound CHIPS messages and easily create useful reports on your inbound and outbound CHIPS messaging.
Schedule MailboxEvaluateAllautomaticRulesSubMin schedule enables the mailbox routing rule you create to run automatically to use the CHIPS adapter as a transport mechanism. Enable the predefined MailboxEvaluateAllAutomaticRulesSubMin schedule (installed with Sterling B2B Integrator) to automatically execute the mailbox routing rule.
Archive and Restore
  • Archives all inbound and outbound CHIPS data in the database.
  • Uses the Sterling B2B Integrator restore functionality to restore archived data, as necessary.
  • Set the lifespan of the CHIPS business processes or use the system default setting.
  • Configure the archive settings to purge or archive.
  • Schedule the archive process to run regularly.
  • Schedule the deletion of messages from the history mailbox for the CHIPS participant, through the Mailbox Deletion service.

Prerequisite for Using CHIPS

The following are prerequisites to using the Sterling B2B Integrator with the CHIPS standard:

  • The audience using this software should be familiar with Sterling B2B Integrator and the CHIPS standard.
Note: This documentation is not intended to explain the CHIPS standard.
  • The customer is responsible for connectivity between Sterling B2B Integrator and CHIPS.