Petra Financial Powers Simplex Consulting Solution

Simplex Consulting is to integrate Petra’s payments automation products into its SWIFT-based payments processing solution. The company will integrate Vortex and Touchstone into its ‘PAYS’ solution (standing for payment administration system). PAYS is integrated with cash and liquidity management, risk management, reconciliations and payment processing modules that are delivered through the outsourced platform, which also operates a pay-as-you-use cost model.

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