Several posts earlier, I had described some of the typical challenges that an organization adopting a TMS faces and some of our integration capabilities in detail. A few days ago we created a quick one page chart that provides an overview of all of our integration capabilities. This new chart is shared below.
Integration options outlined above include the ability to integrate with any backend GL or Portfolio Management Systems, almost any internal system that has the ability to send us forecasts (this could be trading systems, debt systems, internal payment systems such as
TS EFT etc) and the ability to integrate with banks.
We support payments integration with banks using the new
ISO 20022 standard or
SWIFT formats and we can connect either directly with the banks or via the SWIFT network . Bank reporting files are typically sent to us via FTP in the BAI2 or SWIFT MT 940/942 formats. Also, do note that we support multiple mechanisms for file based communication including FTP/SFTP (typically for integration with banks, internal systems) and have web services (typically for external systems to send us forecasts) as an option as well. .We also have the the ability to subscribe to web services as well (typically to retrieve up to date currency rates).
So there you have it, a very quick overview of the integration options provided by the
TS suite of products.