The process control implies a workflow engine directly integrated into the process rules. In addition to powerful gateway functions, X-Gen comprises such a workflow engine which controls the configuration of process steps as well as their monitoring. A configurable web interface enables the integration of user interactions such as visualising, searching, recording and correcting information.
Digitalising business processes and reducing functional gaps
X-Gen is particularly designed for financial institutions in order to assist them with the digitalisation of business processes and efficiently implement APIs. Standard applications often represent an isolated part within business process chains and are mostly difficult to integrate in company processes. X-Gen fills this gap by enabling the cross-application configuration of gateways and process logic considering the existing technical and professional environment. From the connection of a securities transaction system to SWIFT through to the implementation of complex and mostly specialised workflows within the bank – X-Gen provides numerous simplifications regarding the development, representation and execution of business processes.
Heart: Designing & Tracing
Short Time to Market
In order to quickly realise projects, an efficient kit with pre-built modules is necessary; this may include e.g. a user or client management, a parametrisable rule or query engine which can easily be configured and reutilised. The use of these different X-Gen modules accelerates the development times and allows analysts to concentrate on the essential functional logic. Beyond that, the modern web interface enables user interactions in all parts of the processes than can or should not be executed in a fully automated way.
Moreover, X-Gen has received the “SWIFT Ready Funds” application label for the 17th time. This label shows the solution’s strong capabilities in the adaptation of complex SWIFT standards in the investment funds sector. The SWIFT certification offers fund managers, transfer agents and distribution platforms the possibility to optimise the workflows in the funds processing and to comply with SWIFT FIN and ISO 20022 standards. Having received this label proves X-Gen’s high degree of compatibility with SWIFT processes as well as SWIFT MT and ISO 20022 standards.
Benefits of Using X-Gen
Technologies are changing constantly: What is now regarded as modern, can already be outdated tomorrow. Solutions for gateway and process automation must withstand such revolutions and steadily adjust to the current trends. X-Gen supports common market standards as well as commercial de facto standards and allows the simultaneous use of both within one process.
- http/REST Web-Services
- SOAP-based Web-Services
- Websphere MQ