MEX Cube
MEX Cube is a server-based solution designed on Microsoft Technology, which works out all messages exchanged with all banks (XML ISO 20022 , SWIFT FIN + national standards ).
HIGH VALUE DATA SOURCE
All messages with a granularity of data up to all fields of the single transaction
Data warehouse (DWH) can be:
-
Directly queried
-
Integrated in EDW
-
Completed with external data
STANDARD &
CUSTOMIZED ANALYSIS
Datamarts (cubes) & reports can be both pre-formatted & customized.
They can also be connected to different front-end tools ( excel, access, ....).
SECURITY & COMPLIANCE
All activities are conducted in-house by the bank users.
All MEX modules are directly installed on bank intranet servers and used exclusively by bank-authorized users without any external data exchange.
Samples of standard reports
MEX Cube is a very user-friendly tool that requires no specific knowledge or training. It has been created to meet the needs of Correspondent Bankers, Marketing & Sales Managers, Back Office & Settlement Departments after the latest regulations and the consequent worldwide spread of ISO 20022 XML standards.
It has a multi-level structure and holds three main features:
-
it allows users to search for whatever kind of information is embedded in the traffic;
-
it is capable of providing cubes to analyze domestic as well as SEPA & extra-SEPA messages through EXCEL, POWER B.I., or directly MEX Cube Web interface;
-
it manages the entire process end-to-end, generating:
-
Workspace – lossless process and granularity to the transaction
-
Data Warehouse (DWH) – a data source that can be directly queried, and/or integrated in EDW, and connected to other external databases
-
Data marts and cubes – both pre-formatted and custom
-
Customizable cubes could be shaped to serve different purposes:
-
International dpt.
-
Quantitative & Qualitative analysis of the entire financial traffic
-
Focus on international traffic (SEPA & Extra-SEPA)
-
-
Corporate & Small Market
-
Identification of Supply Chain Finance indicators
-
Support for Indirect Factoring Business
-
Enhanced Risk Management
-
-
Retail Market
-
Qualitative analysis of Remittances information in support of commercial initiatives
-
Exercises of Big Data
-
-
Compliance & Backup Systems
-
Near-real-time 1st level controls through connectivity with internal and external data sources (Embargo-list of counterparts, AFT, etc.)
-
Due diligence reinforcement through 2nd level controls over real-time systems
-
Qualitative analysis of payments with AML/AFT/Embargo purposes
-
Since all MEX Cube modules are directly installed on company Intranet Servers and used exclusively by bank-authorized users, security and privacy are guaranteed as no sensitive information is sent out of your bank.