Malcolm Cressey, business consultant at CSC, suggested that this process would be complete early in 2012. The CAMS II/Celeriti Cards & Merchant system supports DB2 on z/OS or Linux on the mainframe, fully distributed Linux, Unix and Windows. It constitutes a core issuing and acquiring system, handling all types of payment cards. The system’s functionality includes product definition, pricing and business strategies, operational procedures, relationship management and processing efficiency.
The Celeriti suite as a whole (which now provides a home for CAMS II) has played a fairly prominent role in recent years within CSC’s core banking strategy too. With its launch in 2010, it was hoped it would provide core banking solution, Hogan, with a fresh lease of life. It was pitched by the vendor as an end-to-end suite of SOA-based enterprise software for payments, cards, banking and lending, and was offered to Hogan users as part of an upgrade to newer versions of Hogan, or for the progressive replacement of functionality. However, the uptake was less than enthusiastic. The first taker was First Tennessee Bank in the US in 2010, followed by another institution in the US, and Westpac in Australia. Then, following the announcement of an extended
Uptake and customer experiences
Commerzbank, the most significant PTS user, has implemented the platform in Belgium, the Netherlands, Italy, UK, Spain, France and Slovakia. For each country, the system is supporting Commerzbank’s domestic and international payments. Also in the first half of 2008, the German heavyweight was preparing to implement SEPA Direct Debits within the system. Commerzbank was replacing an old version of Montran’s
GPS, which had been in use for the previous decade but was incurring high maintenance costs and still ran on the Digital Equipment-derived proprietary VMS platform. The selection saw PTS and Fundtech’s Global PayPlus on the shortlist. The functionality of PTS and strong German presence of CSC were cited by Rinkenberger as reasons for going with CSC. The system is installed in Frankfurt, with separate databases for each country operation. The localisation for each was done jointly by the bank and supplier. Rinkenberger described PTS as now being the bank’s ‘strategic system for payments for outside of Germany’ (at home, the bank had an in-house developed payments system). At one point it looked like Commerzbank’s merger with
Dresdner Bank in May 2009 would pitch PTS against the latter’s payments focused implementation of Temenos’ T24 core system. But Commerzbank’s ongoing plans to roll out PTS to new locations appeared not to have been affected. In mid-2009, Slovakia went live on the system, Switzerland was to follow in spring 2011 and there were additional plans for Hungary, the Czech Republic and Austria. Development of PTS is often driven by Commerzbank. An example of this in 2010 was the roll-out for Commerzbank of PTS/MMG, a product designed for the management of SEPA mandates. It is used mainly at Commerzbank to administer and validate B2B SEPA Direct Debit mandate-related information.
partnership with SAP in the first half of 2013, it seemed Hogan users would instead be offered an upgrade path to SAP’s core banking suite. Celeriti would be positioned (on a case-by- case basis) as a ‘migration solution’ to assist in the transition from Hogan to SAP for Banking. The offering was voluntary for the banks and Celeriti would continue to be developed and marketed.
The same SAP agreement also meant CSC was to become an authorised reseller of SAP products, services and support. John Grosshans, GVP and GM, global financial services and banking at SAP, admitted that product-wise, there were ‘spots of overlap’ between the payment solutions of the two companies, but said that they would be treated ‘on a case-by- case basis’ when it came to system selections. In September 2015 Computer Sciences Corporation (CSC)
and HCL Technologies teamed up to create a banking software and services joint venture. A definitive joint venture agreement was signed in August of the same year, and lead to investment in platform modernisation and product functionality enhancement, claim the two parties. CSC looked to provide core banking, cards, payments, and software and product development. While HCL would provide capital investment, application implementation, and banking sales experience.
The product has been enhanced by CSC to support core SEPA Direct Debit mandate related information as well. PTS/MMG can interface to electronic banking applications. Other large-scale PTS users include Equens, Unicredit Bank AG and WGZ Bank. Mid-sized users include a host of German banks or German operations of international banks. HSBC uses the system in the Czech Republic and Slovakia; Oberbank uses the system in both the Czech Republic and Germany.
WGZ Bank has been a user of PTS since 2001. This was
initially prompted by Deutsche Bundesbank’s introduction of a Real-time Gross Settlement (RTGS) system. Since then, this corporate bank has significantly extended its use of the system. From euro settlement in the RTGS system and Target1, it applied PTS to the EBA’s pan-European ACH, Step2, in 2003/4, then Target2. It also migrated cheques and drafts to the system. It runs the system on DB2 with zOS linked to Windows servers. A large project followed in 2009 for FX payments. The bank evaluated whether to use PTS or build an in-house solution, said WGZ’s manager, payments and transaction services, Andreas Fricke. ‘Since 2001, we had done a lot of smaller projects and had come to know each other quite well.’ There had been a development aspect to some of the projects, such as for cheques, as WGZ’s requirements went some way beyond those of Commerzbank. ‘As always, there were problems but they were always solved in time, so we were confident about the next step.’
WGZ is unusual in its make-up in that it serves 220 or so
cooperative bank members. Thus, it has a ‘two-step’ approach for international payments, with member banks linking to PTS. ‘So we need very good integration,’ said Fricke. Internally, PTS interfaces to WGZ’s booking system, Swift interface, trading systems, and an in-house developed SEPA
Payment Systems & Suppliers Report |
www.ibsintelligence.com 145
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158 |
Page 159 |
Page 160 |
Page 161 |
Page 162 |
Page 163 |
Page 164 |
Page 165 |
Page 166 |
Page 167 |
Page 168 |
Page 169 |
Page 170 |
Page 171 |
Page 172 |
Page 173 |
Page 174 |
Page 175 |
Page 176 |
Page 177 |
Page 178 |
Page 179 |
Page 180 |
Page 181 |
Page 182 |
Page 183 |
Page 184 |
Page 185 |
Page 186 |
Page 187 |
Page 188 |
Page 189 |
Page 190 |
Page 191 |
Page 192 |
Page 193 |
Page 194 |
Page 195 |
Page 196 |
Page 197 |
Page 198 |
Page 199 |
Page 200 |
Page 201 |
Page 202 |
Page 203 |
Page 204 |
Page 205 |
Page 206 |
Page 207 |
Page 208 |
Page 209 |
Page 210 |
Page 211 |
Page 212 |
Page 213 |
Page 214 |
Page 215 |
Page 216 |
Page 217 |
Page 218 |
Page 219 |
Page 220 |
Page 221 |
Page 222 |
Page 223 |
Page 224 |
Page 225 |
Page 226 |
Page 227 |
Page 228 |
Page 229 |
Page 230 |
Page 231 |
Page 232 |
Page 233 |
Page 234 |
Page 235 |
Page 236 |
Page 237 |
Page 238 |
Page 239 |
Page 240 |
Page 241 |
Page 242 |
Page 243 |
Page 244 |
Page 245 |
Page 246 |
Page 247 |
Page 248 |
Page 249 |
Page 250 |
Page 251 |
Page 252 |
Page 253 |
Page 254 |
Page 255 |
Page 256 |
Page 257 |
Page 258 |
Page 259 |
Page 260 |
Page 261 |
Page 262 |
Page 263 |
Page 264 |
Page 265 |
Page 266 |
Page 267 |
Page 268 |
Page 269 |
Page 270 |
Page 271 |
Page 272 |
Page 273 |
Page 274 |
Page 275 |
Page 276 |
Page 277 |
Page 278 |
Page 279 |
Page 280 |
Page 281 |
Page 282 |
Page 283 |
Page 284 |
Page 285 |
Page 286 |
Page 287 |
Page 288 |
Page 289 |
Page 290 |
Page 291 |
Page 292 |
Page 293
