Veneka :: Solutions Beyond Technology

By: Veneka  11-11-2011
Keywords: Financial Institutions, Financial Service, Electronic Banking

Veneka specializes in provision of tailored solutions to Financial Institutions and Financial Service Intermediaries. Veneka delivers Electronic Banking and Payments solutions through effectively managed projects. Our product and services line consists of:

Knowledge services

Through our focus and specialization, we provide Subject Matter Expertise to institutions looking to formulate, innovate, implement and maintain Card, Channel and Payment solutions. Our skills and experience, backed by successful implementations, allow us to effectively advise on best fit Solution Architecture and Design.

We offer Process Engineering, combining industry best practices and Customer environments, to define and deploy efficient operational processes across the Payments domain.

Project services

Veneka's team of consultants draw on combined experience and specialities to deliver project services to customers embarking on Payments projects. We offer Business & Technical Analysis, Solution Design, Technical Implementations, and Deployment Support, combined with robust Project Management services.

Veneka’s consultants work with Customer project teams to deliver project tasks within constraints and expectations.

Integration Software

To support the objective of providing end-to-end solutions delivering total business functionality, Veneka has developed specialist software for Payments Systems integration. Veneka supplies and supports the following products:

  • Luminus Connect
    Luminus Connect is a .NET based application which provides a middleware layer for integrating front-end Payments systems with back-office Business applications. Luminus Connect provides integration services via online real-time interfaces, as well as batch file processors. The Luminus Connect software makes use of parameterized configuration files to enhance transaction processing by applying user defined business rules such as suspense account mapping and transaction charges. Luminus Connect supports integration into common Core Banking applications like Flexcube and T24/Globus.
  • Luminus Link
    Luminus Link is an EFT interface application for integrating acquirer platforms to issuer payment networks. Luminus Link enables online real-time processing of card based transaction requests from front-end processor platforms. The Luminus Link application implements the ISO8583 standard for Financial transaction card originated messages, and provides message translation, acquirer-issuer mapping and custom business rules for each specific implementation. Luminus Link has previously been implemented and certified with the China UnionPay network.
  • Indigo Card Personalization
    The Indigo Card Personalization software is a browser based application which provides card issuers the capability to accept card applications in a distributed network (e.g. Branch), for processing in a central Card Centre or Third Party Processor. Indigo integrates with Card Management systems to provide a card capture front-end user interface, as well as back-office PIN and card production.

Custom Software

Customers requiring custom solutions within their Payments applications landscape benefit from access to Veneka’s software developers to deliver tailored systems for specific needs. Veneka works in partnership with Third Party application vendors to provide customized tools for integration to Legacy Applications, such as 3GL (COBOL, Fortran) applications. Veneka also provides custom developed applications for data mining and reporting.

Keywords: Electronic Banking, Financial Institutions, Financial Service