Meenakshi Muthumurugan

Project - Gulf Internal Bank(GIB) , First Arab International(FAB) , Commercial Bank of Dubai(CBD) , Arab Banking Corporation(Bank ABC)
Products

⦁ User & Role Management , Customer Management
Description : User & Role Management is used for Entitlement of an Back office users(Admin Portal users) and Customer Management is used for Front office users(Corporate Portal users)

⦁ Payments (Transfer , WPS , EFawateer , SADAD payments , Beneficiary Management , RTP (Online & Offline Payments))
Description:

Beneficiary Management : This module will handle the entitlement of beneficiary so that user can perform payment in transfer screen.

Transfer : This module will handle the initiation of transaction for payment. User can initiate a payment in 4 different payment types such as Own Account Transfer , Within Bank Transfer , Domestic Fund Transfer , International fund transfer. User can Initiate a payment through Single or Bulk payments based on requirements and Authorization of each payments will be processed based on Authorization matrix which is configured at the specific account level in Back office.Verifier & releaser will come into picture based on the entitlement.

Wages Protection System (WPS) : This module is for uploading WPS file for bulk wages payments by the customer user

Efawateer & SADAD Bill payment : This module is to have the capability to initiate SADAD & Fawateer payments from e-Banking module.

Request To Pay (RTP) : RTP is a payer behavior to receive a notification and thereafter completing a user journey to payment fulfilment from a bank account. RQTPs are real time and suitable for ad-hoc payments that do not require upfront mandate from the payer. RQTP has evolved from EBPP leveraging the new age social payments emergence where by the payer can receive an RQTP notification via an email, short messaging, instant messenger, social media etc.

⦁ Collections (Virtual Account Maintenance , Electronic Invoice Presentment & Payments (EIPP) )

Virtual Account Management (VAM) : Virtual Account (VA) is a unified solution that helps corporate customers of the bank to easily manage the collections and reconciliation services. VA consists of multiple predefined parts/blocks with rules which identify the corporate customer and their payers.
DigiTB VA provides a facility for handling IBAN based VA for the countries where IBAN is mandatory for electronic mode of transfers.

Electronic Invoice Presentment & Payments (EIPP) : EIPP (Electronic Invoice Presentment & Payments) portal allows the bank & customer users to add new partners and partner users and then, the customer can upload Invoices through bulk upload for presentment to the partners. Partners using partner portal access the Invoice presented & can pay for presented Invoices by offline channel in case the Invoice is accepted or they can raise a dispute with the customer in case the presented Invoice is not acceptable.

Project : State Street Bank (USA)
German Tax- The project is based on German tax regulation change beginning in January 2018 for German dividend events occurring in multiclass funds.
The main aspect of the German tax project is to calculate tax refund and set up for posting the tax refund receivables and tax payables on a trust account of a multiclass fund with an identified convertible bond event. Adjustments and cancelations will be captured into the identification process of tax refunds for an identified convertible bond event and the processing of this refund into the tax privileged share classes
Omnia Short Term Resiliency-
The overview of Omnia Short Term Resiliency is an initiative to re-architect our IT environment from the ground up using modern technology and techniques to provide enriched service delivery and exceptional client experience to our top clients.
NACC2 oversight-
The NACC2 (Non- Acknowledgeable client) Oversight is for State street client perspective. External MyNAV users are enforced to see too many alerts that become difficult to focus on an alert which has large business impacts. MyNAV as an Oversight tool which does not provide any option for client specific tolerances that are higher than internal tolerances on Impact alerts, after the current project is implemented clients can see alerts based on client specific tolerances that are higher than internal tolerances on Impact alerts.