Release notes for IBM Sterling Transformation Extender, Pack for Financial Payments Plus, V10.2.3.0

To download the software for this version of the IBM Sterling Transformation Extender, Pack for Financial Payments Plus, go to Passport Advantage. This location will direct you to the Passport Advantage (PA) and Passport Advantage Express (PAE) overview page. Passport Advantage (PA) and Passport Advantage Express (PAE) are comprehensive IBM programs by which Clients may order Eligible Products. Customers can search PA And PAE for the following part numbers to download files for windows install and Red Hat OpenShift which include the project files used with the Design Server and certified containers.

For Pack for Financial Payments Plus 10.2.3.0, search:

• Windows install - M0M4PML
• Red Hat 'OpenShift' - M0M4SEN

View the latest product documentation
See the online documentation for the latest documentation for this product.
Pack for Financial Payments Plus latest 10.2.3.0 documentation is available in the IBM Sterling Transformation Extender V11.0.1 online documentation, see What's new in Packs V10.2.3.0 for more details.

Translated documentation

The online documentation is provided in these languages:

• finpayplus_10.2.3.0_v1101_4c.zip.signed.zip
• finpayplus_10.2.3.0_v1100_4c.zip.signed.zip
• finpayplus_10.2.3.0_v1012_4c.zip.signed.zip
• finpayplus_10.2.3.0_v1011_4c.zip.signed.zip
• finpayplus_10.2.3.0_v1010_4c.zip.signed.zip

To install:

1. Select signed zip based on preferred TX version.
2. Extract the signed.zip file to a temporary folder.
3. Navigate to the temporary folder, select the .zip file.
4. Right-click to select Extract All, and then Select a Destination and Extract Files on Files will be extracted to this folder:
5. Click Browse and navigate under <TX_install_dir>
   For TX V11.0.1, define folder C:/IBM/TransformationExtender_11.0.1
6. Select the packs folder (create folder if needed).
7. Click Extract.
8. Verify folder was created, that is
   <install_dir>/packs/financial_payments_plus_v10.2.3.0
   For TX V11.0.1, under C:/IBM/TransformationExtender_11.0.1/ packs/financial_payments_plus_v10.2.3.0
9. Read the license files.

=====================================================================
CONFIGURATION FILES FOR DESIGN SERVER
=====================================================================
Using the Pack for Financial Payments, the swiftMTjvcConfig.tar.gz file is available either in:
 IBM_financialpayments_10.2.3.0.zip or within the UIProjectImports directory.

====================================================================
GLOSSARY
====================================================================
The Cross-Border Payments and Reporting Plus (CBPR+) working group formulates and refines the market practice guidelines. They develop ISO20022 usage guidelines that cover migration of MT categories 1, 2 and 9 to lessen the impact to correspondent banks as well as other users of these messages, including security players.

The Bank of England Clearing House Automated Payment System (CHAPS) is a sterling same-day system that is used to settle the high-value wholesale payments as well as time-critical lower-value payments, like buying or paying a deposit on a property. CHAPS migration to ISO20022 will be done in:

• Phase 1 all DP or direct participants will use like-for-like (L4L) ISO20022 messaging, easy to translate back to existing MT messaging, since there will be no additional data requirements.
• Phase 2 all DP or direct participants will use enhanced (ENH) ISO20022 messaging, with data that is above that is required or supported in existing MT message formats where possible. Includes fields which will support transmission of more information about the identities of those involved in the payments and the purpose of the payment.

The European Banking Association Clearing (EBA) EURO1/STEP1 (E1S1) system processes transactions of high priority and urgency, and primarily of large amounts, both at a domestic and at a cross-border level. EURO1 is the only private sector large-value payment system for single same-day euro transactions at a pan-European level. STEP1 is a same-day single payment service and processes retail payment orders and bank-to-bank transfers related to such commercial transactions.

The National Bank of Romania (NBOR) ReGIS is the national funds transfer system with real-time gross settlement (RTGS) for payments in LEI currency owned and operated by the National Bank of Romania, used for the settlement of central bank's monetary policy operations, interbank transfers, operations of other financial market infrastructures that operate at the national level, as well as payments initiated by participants on behalf of their customers, regardless of value.

The TARGET2 (T2) is the Real-Time Gross Settlement (RTGS) system owned and operated by the Eurosystem. Central banks and commercial banks can submit payment orders in euro to TARGET2, where they are processed and settled in central bank money, i.e., money held in an account with a central bank.

The TARGET2 (T2) Central Liquidity Management (CLM) component enables its participants to optimize their liquidity management, to group their accounts and to pool the available intraday liquidity for the benefit of all members of the group. It allows participants to control their liquidity outflow by setting limits, actively managing payment queues or prioritizing certain payments.

The TARGET2 (T2) Common Components (CoCo) are a set of extracted Common Reference Data Management (CRDM) messages related to common components. CRDM provides common reference data management features that allows participants to create and maintain common reference data for configuration of data related parties, cash accounts, rules and parameters.

The TARGET2 (T2) Securities (T2S) is a European platform designed to centralize and harmonize the settlement of securities transactions. Managed by the European Central Bank (ECB), T2S enables the seamless settlement of securities transactions in central bank money across various European markets.

The SIC (SIX Interbank Clearing) RTGS is the Real-Time Gross Settlement (RTGS) system for clearing and settlement of interbank payments in Swiss francs (CHF). It is operated by SIX Interbank Clearing under the oversight of Swiss National Bank (SNB). SIC processes both large-value and retails payments, ensuring safe and efficient transactions in central bank money. There are two main RTGS services within the SIC framework: SIC for Swiss franc payments and euroSIC for euro payments as well as SIC IP for instant payments.

The SWIFT Global Payment Innovation (GPI) tracker messages enables member banks to track payment statuses in real time through an end-to-end tracking database, incorporated by SWIFT. Includes ISO 20022 XML compliant messages used for payment status updates, reporting, trace and alert notifications.

• SWIFT gpi Customer Credit Transfer (gCCT), first service implemented as part of the gpi initiative. Offers enhanced payment services thru faster, same day use of funds, (within the time zone of the receiving gpi customer), transparency of deducts, end-to-end payments tracking, remittance information transferred unaltered.
• SWIFT gpi Instant Payments (gCCTInst) is a gCCT transaction used for cross-border real-time payments.
• SWIFT gpi for Corporates (g4C) service allows g4C corporates receive standardised and consistent payment statuses from their g4C banks that can easily be centralised and integrated into their Treasury Management Systems (TMS) or Enterprise Resource Planning (ERP) applications.
• SWIFT gpi Cover Payments (gCOV) which is part of the gCCT service. The gCOV service is designed to further increase the timely processing of gCCT transactions by expediting credit to the beneficiary of the cover and facilitating its reconciliation with the underlying credit transfer.
• SWIFT gpi Financial Institution Transfer (gFIT) service focuses on financial institution transfers and was designed to support financial institutions with monitoring of their settlement risk and counterparty exposure, intraday liquidity management and forecasting an improved operational efficiency.