I have a
pleasure to recall that, Australian Settlements Limited (ASL) provides members, including building
societies, credit unions and mutual banks, efficient settlement and transaction
processing services. The New Payments
Platform (NPP) is an industry-wide initiative to develop new national
infrastructure for payments in Australia.
(ASL) Australian
Settlements Limited selected a hybrid cloud
solution from IBM that leveraged IBM PureApplication Systems as well as IBM
expertise to help build the New Payments Platform (NPP) solution.
As a result, the IBM hybrid cloud team designed the IBM NPP Accelerator to deliver the
pre-requisite IBM Middleware, third party packaged payments application and
Society for Worldwide Interbank Financial Telecommunication (SWIFT) supplied
software componentry for secure financial messaging.
One can also
observe that, the solution also comprises IBM MQ messaging
software, IBM Websphere Application Server to underpin the payments
applications and IBM Hardware Platform in the form of the PureApplication
Systems delivering compute, network, storage and the pattern engine which
enables the full NPP production software stack to be deployed in under 60
minutes.
The SWIFT
NPP Basic Infrastructure will deliver a greater
connectivity between NPP participants and control over processing the flows of
payments and settlements.
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