Payments Solutions

You are in: Industries We Serve

• Financial Services
  • Our Financial Services Solutions
    • Payments
      • Payments Solutions
      • 2007 World Payments Report Overview
      • Major Findings of the 2007 Report
      • Europe Needs an “Any Card at Any Terminal Solution”
      • Towards an Open Architecture
      • The Choice of a Payments Strategy
      • The Emergence of Strategic Sourcing in Payments
      • Open Questions: Food for Thought
      • Methodology
      • ABN AMRO Transaction Banking
      • European Financial Management & Marketing Association

Introducing the Payments Services Center of Excellence

Capgemini’s Payments Services Center of Excellence is a dedicated team of experts in the field working across borders to advise clients on the complex payments issues faced by financial services firms today. We have partnered with top managers in global payments, national banks, clearinghouses, securities settlement, payments utilities, industry bodies, and regulators.

Our in-depth knowledge of leading software solutions offers an independent perspective on their suitability for specific situations.

From its Centers of Excellence, Capgemini assembles teams of experts who meet client needs in areas ranging from strategy formulation, to technology, through to process re-design and outsourcing. We are the acknowledged market leader in IT architecture and IT infrastructure renewal. To stay up-to-date on payments trends and best practices, in-depth research is regularly performed in the Payments Services Center of Excellence.

Our Payments solutions currently address these industry issues: 

Trade Finance

In the last 30 years, trade finance has achieved only limited efficiency gains in transactions settlement when compared to other banking settlement areas. Reducing costs and achieving greater levels of efficiency is a critical challenge for trade finance operations. Capgemini helps companies determine the breadth and depth of products to bring to market, how to improve processes and optimize operational models and achieve end-to-end straight through processing (STP). We can show you new ways of using technology to build for the future. Download our paper on Taking a Fresh Look at Efficiency in Trade Finance.

Anti-Money Laundering (AML)

Money laundering has become a serious global issue and AML law enforcement has toughened up with serious impacts on banks and other financial institutions. Taking a passive approach to AML is no longer appropriate, given the significant business risks and high personal stakes. Capgemini helps create a strong and flexible AML solution matching the specific organizational requirements, by improving processes, implementing technology and educating people. Download our paper on The Increasing Importance of Anti-Money Laundering.

Payments IT Infrastructure

After Y2K and the euro transition, most banks have postponed investments in renewing IT, and are now coping with heterogeneous, inflexible, expensive, and innovation-averse information systems and payments infrastructures. As they now need to comply with new standards and regulations, IT infrastructure renewal is a strategic and operational imperative with direct consequences for banks’ payments services offering, organization, processes, and technology. Capgemini helps with IT systems strategy and planning, enterprise application integration, and software selection, program management, project implementation, adaptive IT, business processes and flows reengineering. Download our paper on Renewing Payments IT Infrastructure.

Addressing SWIFT Services

SWIFT (Society for Worldwide Interbank Financial Telecommunication) has made rapid advances in supporting STP with its SWIFTNet offering. However, true “end-to-end STP” with direct external links to clients’ systems remains rare. Capgemini runs impact analysis, technical/business implementation, internal/external rollouts, and in-sourcing, to help cut processing costs by developing true end-to-end STP solutions. Download our paper on Reaping the Potential of New SWIFT Services.

Addressing TARGET2

TARGET2 is scheduled to replace the 15 national real-time gross settlement systems (RTGS) with a single shared platform (SSP) by the end of 2007, ending local specificities. Capgemini helps banks improve their own liquidity/treasury management, deliver high performance on payments processing speed and capacity, allow access through a uniform interface, and further develop their cash management offering. Download our paper on Addressing the TARGET2 Challenge.

For More Information

To learn more about Capgemini’s payments solutions, please contact us.