MT/MX Converter
PS-MTMX
ProgressSoft’s MT/MX Converter operates seamlessly to bridge the gap between banks’ regulatory body systems and back-end systems, enabling the smooth conversion and exchange of financial messages from MT to ISO 20022 (MX) and vice versa.
The advanced system provides the necessary connectivity to facilitate MT/MX message exchanges without the need for custom development. It also ensures secure message authentication by handling the signing of messages using assigned certificates, ensuring both compliance and system integrity.
Features
Exchanged Messages Transformation
PS-MTMX supports the transformation of messages between MX and MT formats, enabling seamless communication between different systems and ensuring compatibility with existing infrastructure.
Message Processing Logging
PS-MTMX provides detailed message processing logging, allowing users to track and monitor the flow of messages for enhanced traceability and transparency.
Email Notifications
PS-MTMX notifies administrators about critical events via email, ensuring they stay informed in real time about the system’s status.
More features
Streamlined and Reliable Delivery
PS-MTMX is powered by an efficient communication framework that uses streamlined architecture patterns for data ingestion, ensuring reliable delivery and processing of exchanged messages. Additionally, it supports database connectivity for logging and message persistence, enabling traceability and audit compliance.
Cloud-Native Service
PS-MTMX is built using containerization technologies, making it a cloud-native solution that is easy to deploy and scale, adaptable to various cloud environments and operational needs.
Seamless Portability
PS-MTMX is built with Java-based technologies, ensuring easy installation across various server operating systems and architectures.
Lightweight Microservice
PS-MTMX operates as a lightweight microservice using the Spring Boot framework, with a small footprint that optimizes server resource usage and ensures efficient performance.
Modular Architecture
PS-MTMX is designed with a modular architecture, offering flexibility and ease of adjustments to meet specific implementation requirements. This allows seamless adaptation and scaling based on evolving needs.
Benefits
ISO Compliant
Ensures full ISO 20022 compliance for cross-border payments and reporting services, along with adherence to message usage guidelines.
Effortless MX Transformation
Eliminates the burden of developing MX transformers for communication with regulatory body systems.
Reliable Authentication
Handles message authentication with regulatory body systems by digitally signing messages using participant certificates.
Guaranteed Message Delivery
Ensures message delivery through advanced data ingestion mechanisms.
Improved Traceability
Provides the ability to trace system logs and monitor message processing statuses.