Athena Remittance Management System-ARMS

A Solution For Exchange Company

Athena Instant Remittance

Scalable, Secure Web 2.0 software solution for both Local and Foreign Remittance

Customer

Beneficiary

Statement Bank

Work flow

in short

How Local Remittance Works


Request Balance

• Validate Device• Validate User• Process Request• Generate Response

Response

Requesting query to our system

Balance sheet / Mini statement

USSD


Request Fund T/F

• Validate Process• Generate Confirmation with Beneficiary informationConfirmation Message

Requesting query to our system

Fund Transfer

USSD Bank

Customer Confirmation

• Business logic Evaluation• WS request to Commission agent Perform Accounting

Transaction

Confirmation with Updated Balance


How Foreign Remittance Works

A Complete Rem

ittance Platform


iRemitt

ance

KEY NOTES


Smart Accounting - iRem

ittance

Remittance Accounting

• Rule Engine for Agent Commission• Rule Engine for Fee Calculation• Cover Fund Management• Daily Collection Report• Daily Disbursment Report


Sanction List – iRemitt

ance

WHAT ABOUT DOMESTIC SANCTIONS TARGETS ?

International SANCTIONS Targets screening


Payment gatew

ay Integration - iRemitt

ance

3rd Party Payment Gateway Integration


• Cashier• Agent• Customer• Administrator • Software configuration manager

Army Security in every steps

Some Predefined Role :

Dynamic Role-based Security

Role Customization along with Privilege Adjustment


Few more Security

Army Security in every steps

• IP Binding• Audit Logs• Password Policy• Double Layer validation process• Careful WCMS• Session fixation • SQL injection, Escaping and many more...


Inside Look of your Transaction Enquiry management of entire transaction life cycle.

Enquiry Management System


Device Com

patibility

Pay from anywhere

Economy Mobile

Rich Mobile

Computer

Tab


Tightly Compliance

Anti Money Laundering Compliance

Need More Compliance?

• Linked Transaction with relationship• Sanction list verification with Auto-update• Amount limit to send task without any photo-ID• Amount limit for Address verification• Legal documents for Corporate Customer• Source of fund Declaration with Profession• Declaration amount restriction and many more.• Daily/Monthly Max transaction configuration. • Many more and still adding and updating…


Configurable and Flexible

Configurable

• Plug-able logic for Mobile accounting• Currency conversion rate• Purpose of Fund Transfer, Photo ID Type• Distribution Outlet Configuration • SMS and Email Templating• Document Attachment• Theme Customization• and many more…


• Customer Registration• Beneficiary mapping with linked transaction• Sanction Verification• Allow online access to customer• Statement/Reports on remittance accounting

Cashier

Pre-defined Role with com

mon U

secases


• Customer Registration• Beneficiary mapping with linked transaction• Sanction Verification• Commission Reports • Transaction Status monitoring

Agent


mon U

secases


• Internet Banking • Mobile Banking • Manage Transaction• Manage Beneficiary• Transaction Status monitoring• Enquiry management

Customer


mon U

secases


• Send Transaction to Destination Bank• Cancel Transaction• Currency posting for Agent• Update currency conversion rate.• Apply Role based security• Manage Sanction List • Reports on remittance accounting and monitoring

Admin has full control on application, including configuration, add/edit privilege and can manage branches and exchange houses.

Power User - Admin


mon U

secases


Configuration for Advanced User - iRem

ittance

• Agent Registration• Define commission rate• Update/Apply rule of "Regular fee"• Configuration related to compliance• and various system entity mapping

Software configuration manager


License of iRemitt

ance

• Pay As You Go• Managed Service• On-Premise License.

Type of Software License


Email, SM

S Notification - iRem

ittance

• Email software generated Invoice to customer• SMS notification beneficially to receive payment• SMS notification customer when beneficially get paid.

Notification

Notification mapping with different type of transaction event


Tools, technology and platform

Supported Database Supported Platform Supported Application Server

Application is extensively tested on:


No additional license for Database and OS. We recommend to use CentOS as Operating system and PostgreSQL as database server.

No additional software license

Cost Cut of OS and D

atabase


Tools, Technology and Platform:

Tools, technology and platform of this Solution


Thank

You.

Instant Remitt

ance Managem

ent System
