FEX stands for Axway Financial Exchange. FEX provides a framework of services that enables financial entities to exchange finance-related documents electronically. It is largely used to process payments in a fast, secure and highly reliable manner.
The main categories of customers who benefit from FEX are:
FEX leverages the products of the Axway 5 Suite to provide the following services:
Category | Provided services | |
---|---|---|
Standardized protocol support |
EBICS EDINT (AS1, AS2, AS3) ETEBAC3, ETEBAC5 FTP FTPS HTTP /S |
OFTP PeSIT SFTP SWIFTNet: FileAct / InterAct, RT, SnF TARGET2 ... |
Standardized formats support |
BAI2 CFONB CleiOP DTAUS DTAZV EBA STEP2 EDIFACT Fedwire FIN - ISO 15022 |
ISO 20022 NACHA SEEV (Proxy Voting) SEPA SCT & SDD (ISO 20022) SWIFT-XML TARGET2 Trade Services Utility (TSU) ... |
Message services |
Transformation between formats Bulking and debulking Enrichment, database access |
Format and syntax validation Dynamic routing based on message content Integration with back-end applications |
Manual message handling |
Storage Creation Recycling |
Validation (Syntax, BIC) Content browsing Four eyes security (separate users for modification and validation) |
Partner management |
Partner-based control and management of exchanges Protocol communications |
Partner agreements Preferences for message handling |
Exception Handling | Error tracking, exchange retries, ... | |
Monitoring |
Business events Technical events |
End-to-End exchanges |
Collaborative process control | Control and management of exchanges with customers and interbanking area | |
Security |
Encryption Multifactor authentication |
Access control |
Reliability services | High availability (Cluster architecture) | |
Signature Service | Personal signature (payments) |