with digital-era business initiatives while getting the most out of your existing products and services. Our Payments Systems Modernization solution uses an open framework and consulting-led methodology to incorporate existing investments and then accelerate your transformation with compatible components from our partners. Over time, our solution can reduce both payment operations and systems support costs. See how NTT DATA can transform your payments systems and optimize your investments.
Transforming your payments systems starts with payment modernization consulting, important because payments comprise about one-quarter of most banks' revenue. Transforming your existing payments systems into a unified payments hub is a complex process, but you can depend on our domain knowledge to design and implement your
transformation strategy. Next, our faster payments consulting help modern systems integrate with current payments systems (including Electronic Funds Transfers, wire transfers and Automated Clearing House) to meet customer expectations for a ubiquitous, speedy and convenient payment service, all while helping to reduce end-to-end risk exposure. Finally, our Payment Insourcing
Workbench and Dashboard delivers a single view of all incoming and outgoing payment transactions using a front-end application that interfaces with your payments back-office operations. You will repair and flag approvals, define a user hierarchy, and benefit from a drill-down functionality to view specific transaction status and making modifications.