PAYMENTS MODULE

Payments are an essential business activity. The PayRecAI team have been supporting clients in automating payments (with appropriate controls!), for 20+ years.

WHAT WE DO BEST

Seamless integration with vendor or proprietary payments gateways and ability to integrate with other payment infrastructure in areas such as credit approval, AML etc.

Flexible in terms of message types and delivery mechanisms

At PayRecAI we always seek to minimise clients integration work and use existing API’s / portals in the general and Payments area. As part of this, where a mechanism already exists for payments, we will seek to “reuse” message formats and integrations rathet than require our own bespoke requirements. This greatly simplifies deployment and reduces costs of integration.

Comprhensive flow and referencing reduces post settlement operational requirements

Payments can be based on a one to one relationship with a transaction, but often can be aggregations being paid (netting, bulking) or partial payments. We seek to use underlying client transaction references where applicable or generate regferences for payments where there are aggregations that will allow auto clean up and no manual reconciliation activity.

Remittance reporting and posting integration

PayRecAI wants to minimise the work of the client as well as the clients customer. Full transparency facilitates that. We deliver these advices via the clients preferred mechanisms, providing a customer service automatically that also reduces our clients work.

OUR PRODUCTS

Explore the PayRecAI platform

Interest compensation engine

Our core Interest Compensation engine is the result of 30+ years experience in this area.

Cross product rate repository

This solution is critical in Contra-revenue optimisation. It allows you to digitally record the costs that you are charged for services be they Capital Markets Brokerage or Legal billing etc – facilitating real time comparisons so you get the best value

Capital market optimisation

Supporting both buy side and sell side participants in minimising the cost of executing Derivative transactions, this product consumes data from Clients own rates repository/ repositories or from the PayRecAI’s repository solution

Posting module

This product is one we highly recommend to be deployed in conjunction with all our solutions or on it’s own. It ensures that the real world view is reflected on the firms books and records and removes reliance on people to either fully or partially post manual entries and the inevitable issues that gives rise to.

Payments module

Payments are an essential business activity. The PayRecAI team have been supporting clients in automating payments (with appropriate controls!), for 20+ years.

Analytics and reporting

Show me the money! Our Analytics and reporting capabilities are at the core of what PayRecAI does to identify and deliver Contra Revenue for clients based on optimisation and insights. Contra Revenue includes additional revenue, reduced costs, reduced regulatory capital requirements.

Claim management

Get me the money! Faster! PayRecAI provides the full suite of automation requirements required to manage the multitude of cash flows that arise in Capital Market businesses. These consist of both receivables and payables management across the areas of 1) identification 2) valuation 3) issuance 4) management. Approach is to manage receivable and payable cash flows together.

Brokerage

PayRecAI delivers two solutions in this area that can be combined for a full solution: A) Brokerage receivables management B) Brokerage payables management C) A) and B) combined

Benchmarking (internal / external)

The PayRecAI team believes that there are two levels of opportunity to benchmark: A) Internal – ensure that the rates we are paying across different geographies, and entities are consistent and optimised on the best value B) External – ensure that the rates we are paying across different geographies, and entities are better or equivalent to you’re your peers are paying C) A) and B) combined

Dividend profit and reclaims

DPR is a specialist solution focused on providing the ability for clients to ensure completenesss of Dividend Processing events

Tax Reclaim engine

Automate your Tax reclaims workflow with our modular Tax reclaims product

PAYMENTS MODULE

Payments are an essential business activity. The PayRecAI team have been supporting clients in automating payments (with appropriate controls!), for 20+ years.

WHAT WE DO BEST

Seamless integration with vendor or proprietary payments gateways and ability to integrate with other payment infrastructure in areas such as credit approval, AML etc.

Flexible in terms of message types and delivery mechanisms

Comprhensive flow and referencing reduces post settlement operational requirements

Remittance reporting and posting integration

OUR PRODUCTS

Interest compensation engine

Cross product rate repository

Capital market optimisation

Posting module

Payments module

Analytics and reporting

Claim management

Brokerage

Benchmarking (internal / external)

Dividend profit and reclaims

Tax Reclaim engine

Talk to our team