BOX for SWIFTNet - Overview
A key element of the IBM SWIFT solution within the IBM payments infrastructure




IBM Middleware
The new IBM Payments Platform infrastructure is designed to run on the latest IBM Middleware and is architected for the highest levels of robustness and scalability. One part of the payments platform is WBI-FN, a highly automated connector for all types of SWIFTNet communications (FIN, FileAct, InterAct). In line with the current IBM Software Group strategy all application-like functionality, which is essential for implementing a complete SWIFT solution, has to be added from partners.

INTERCOPE BOX for SWIFTNet
Incorporates a set of optional components to complement WBI-FN and facilitate the implementation of a complete SWIFT system. These optional components are described briefly in this document and in more detail in separate flyers for each component.

IC-RMA Component - RMA for SWIFTNet Phase 2
RMA - Relationship Management Application - is a mandatory application required to implement the security upgrade from BKE to PKI as part of SWIFTNet Phase II. RMA manages bilateral agreements and is a fully encapsulated application with its basic functionality being specified by SWIFT. To address the needs of large financial institutions, IC-RMA offers important additional functionality on top of the SWIFT standard.

IC-E&R Component - Message Entry & Repair
This component includes all functionality for message creation and repair. It includes:
· Easy-to-use entry panels for FIN and MX
· 100% message validation (including cross-field checking)
· A powerful User Profile Management to ensure segregation and task
  allocation
· Standard queues with proper control and supervision

IC-ADD Component - Add-on Functionality for WBI-FN
A comprehensive set of functions and features which complement WBI-FN to enable an institution to properly handle and supervise the entire SWIFT traffic. Examples are:
· Message retrieval and visualization, routing, WBI-FN configuration
· End-of-day processing, automatic printing

IC-API Component - MERVA API Emulator
Allows applications currently using the MERVA API to remain unchanged and still send/receive SWIFT messages - even if MERVA is no longer used. This facilitates an easy step-by-step migration away from MERVA.

IC-COM Component - Non-SWIFT Communications
In addition to the standard functionality for sending SWIFT messages as e.g. fax or telex, the conversion from Non-SWIFT to SWIFT formats is supported via functions such as OCR and dedicated repair. These allow an institution to implement a unique financial messaging system covering all required communication types.

Future Components
INTERCOPE intends to provide additional new components, which add further functionality to BOX for SWIFTNet and the IBM Payments Platform.