Expanding FX & New Payment Rails Infrastructure at Intergiro
Katy Osborn
FX & New Payment Rails
Expanding Global Transactions & Payment Infrastructure at Intergiro
Client: Intergiro
Objective
Enhance FX and payment rail systems to expand global transactions, improve efficiency, and integrate new financial infrastructures within Intergiro.
Problem
Intergiro needed a scalable system to optimize FX conversions, streamline SEPA direct debits, and support high-volume global payments efficiently. The existing architecture embedded business logic in the platform, limiting departmental control over client journeys. Additionally, delays in reconciliation, transaction mismatches, and liquidity inefficiencies required a robust solution.
Solution
Enabled seamless FX conversion from EUR to SEPA accounts.
Expanded global payment capabilities for faster transactions.
Automated SEPA direct debit (SEPA DD) processing.
Integrated the RIX settlement system for liquidity management.
Deliverables
1. FX Optimization & SEPA Routing
Enabled efficient EUR to SEPA transactions.
Improved international payment processing with seamless routing.
Automated FX conversions to enhance cost efficiency.
2. Global Payment Expansion
Reduced delays in cross-border transactions by integrating new payment rails.
Expanded international coverage for faster and secure payments.
Enhanced outgoing transactions on behalf of clients for e-money and real fund transfers.
3. SEPA Direct Debit & RIX Settlement
Automated SEPA DD for recurring payments and improved reconciliation.
Integrated RIX for real-time settlements and liquidity control.
Impact
Faster transaction processing and FX efficiency.
Expanded global payment capabilities for seamless international operations.
Increased automation in SEPA DD transactions, reducing manual errors.
Improved reconciliation and financial transparency across payment operations.
Technologies & Methodologies Used
Technologies: Python, SQL, AWS, SEPA, SWIFT, RIX settlement system.
Methodologies: Agile development, FX risk management, cross-border payment automation.
Automation: AI-powered FX conversion, automated SEPA DD processing, real-time settlement tracking.
Security: AML compliance, GDPR-compliant transaction processing, encrypted payment infrastructure.
This project enhances Intergiro’s FX and payment infrastructure, ensuring faster, more efficient, and compliant global transactions.
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Posted Jan 30, 2025
Automated FX conversions, SEPA DD, and RIX settlements at Intergiro, enabling faster global payments, improved reconciliation, and seamless transactions.
