Proxy Alias Database

The Proxy solution offered by Montran enables 24/7, ISO20022 compliant account to other identifiers translation services, and it represents a key component in the larger payments environment.

At A Glance

Montran’s Proxy Solution maintains a centralized database that matches secondary account identifiers with corresponding account and customer details required for payment initiation. It provides a service that responds to incoming search queries, allowing payment initiation using secondary identifiers (phone number, email address) instead of full payee information (full name, account number, bank of service).

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Solution Highlights

High Performance and 24/7 Capacity

Proxy’s advanced design facilitates 24/7 operations support, with high availability and capacity. Proxy solution service level agreements track the availability figures of the overall payment system solution.

Full Integration

The Proxy Solution can be integrated with payments systems in all practical configurations:

  • Out-of-flow— secondary identifiers are resolved before payment is submitted.
  • In-flow— secondary identifiers are resolved by the central payment system.
  • Hybrid approach— a hybrid approach – out-of-flow – is supported for some use cases and in-flow for other use cases.

ISO20022 Support

The Proxy solution uses a standard messaging scheme based on ISO20022, allowing for seamless integration into existing environments or new interoperable ecosystems.

JSON Support

The Proxy solution uses an alternative JSON-based messaging scheme, enabling seamless integration into existing environments or new interoperable ecosystems.

Highly Secure

Montran’s Proxy solutions have a perfect security track record, with zero successful attacks on Montran Proxy clients.

Interoperability with other Proxy Repositories

The Proxy Solution implements standard protocols for the interoperability of Proxy Repositories, with JSON-based messaging, allowing it to interoperate with other Proxy Solutions.

GDPR

The Proxy solution can be easily configured and customized to comply with the GDPR regulations applicable in the area where it is installed.

Benefits

FACILITATES COMPLETE DIGITAL PAYMENT SERVICES ACROSS A WIDE RANGE OF MARKET PARTICIPANTS

As a key component of the broader payments system environment, the Proxy solution enables easy P2P, extending payment routing capabilities to Fintech, unbanked individuals, allowing easy overall participation and access to established payment rails.

LOW MAINTENANCE COST THROUGH AUTOMATION

Highly automated straight through processes help proxy solutions and participants optimize and reduce maintenance costs and monitoring operations.

At A Glance

Montran’s Proxy Solution maintains a centralized database that matches secondary account identifiers with corresponding account and customer details required for payment initiation. It provides a service that responds to incoming search queries, allowing payment initiation using secondary identifiers (phone number, email address) instead of full payee information (full name, account number, bank of service).

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