Overview

OpenText™ Financial Hub is a scalable messaging platform offering straight-through processing for financial institutions that offers unmatched visibility from order entry to order settlement. The complete solution provides end-to-end straight-through processing, wealth management and middle office flows for corporate, bank, broker and custodian activities.

Benefits of OpenText Financial Hub

Increase flexibility

Manage a wide range of processes from settlement and payment instructions to subscription/buy, redemption/sell, switch and transfer orders leveraging any data formats.

Enhance control and security

Leverage a multilevel maker-checker workflow manager that supports multicurrency integrated processing in a flexible, secure, zero-footprint browser environment.

Improve transparency and manage by exception

Enable operational teams and clients to quickly identify exceptions and take corrective actions with real-time access to transaction summary dashboards.

Simplify software management

Leverage a Software-as-a-Service (SaaS) model, with no software to license, implement or maintain, via a monthly subscription.

Why OpenText Financial Hub?

Trusted industry leader

Join the more than 300 leading companies relying on OpenText’s STP software for in-depth payment visibility and key insights.

Seamless integration

Enjoy painless implementation as the payment processing system is integrated with existing infrastructure through whatever mechanisms best support organizational needs.

Real-time monitoring

Allow users to display a variety of fields for each transaction with customizable blotters and enable filtering and quick viewing of transactions based on specific criteria.

Key features

Wealth management and capital market capabilities

Provides straight-through processing with visibility from execution to settlement for trades of equities, fixed income, mutual funds, ETFs and alternative investments, and manages millions of transactions per month for more than 300 counterparties.

Payments portal

Offers a web-based portal to augment payment messaging and files processing with a variety of client-enablement features, that establish self-service controls for value-limits, monitor transaction lifecycles and more.

FX connectivity

Allows the FX desk to send and receive all their orders in one format (e.g., FIX), while providing flexibility for clients to connect in various formats, including file and SWIFT, to create a single payment processing system.

Flexible reporting

Enables the production of standardized and customized reports, for one-time or recurrent use, that can be exported for download or scheduled for transmission via email, API, SFTP, CSV, XLSX, or other agreed format.