Payments and Cash Management

Banks which offer cutting-edge cash management processes can offer innovative services and meet the expectations of corporate customers. They can perform intraday electronic payments globally, provide real-time visibility of transactions, and comply with existing and upcoming regulations for cross-border transfer of funds. As business transaction volumes and cost pressures due to heterogeneous IT infrastructure and disparate IT landscapes increase, financial institutions need to anticipate client needs and manage the channels of collections, payments, and accounting information to increase revenue and profitability.

We have significant experience in designing and developing payments and cash management solutions for financial institutions. We have helped top global financial institutions in:

  • Reducing cost per transaction and maintenance cost of payments systems
  • Developing new interfaces for connecting to the clearinghouses in different countries
  • Creating straight-through-processing frameworks to achieve efficiency
  • Carrying out impact analysis and implementation of new SEPA and SWIFT versions across various projects
  • Testing payments and cash management systems
  • Creating direct local and global debit system applications
  • Maintaining commissions and charges for payment systems
  • Creating retirement benefits payment systems
  • Quickly sourcing professionals with desired skillsets for different assignments
  • Providing specialized architecture group to carry out technical impact analysis and implementation
  • Successfully performing porting of large legacy systems to open systems
  • Executing Foreign Exchange Payment system migration of a leading European Bank from UNISYS to their standard platform

Our payments landscape offers services for retail and wholesale banking needs in the following domains:


  • Payment Processing
  • Payment Reconciliation

Clearing and Settlement

  • Compliance with ACHs
  • Routing to RTGS
  • Continuous Link
  • Settlement, Confirmation/ Affirmation Services

Cash Management

  • Cash Management Services
  • Cash Pooling


  • Impact Analysis
  • Technical Implementation

We have domain expertise in payments and cash management areas such as Real Time Gross Settlement Systems, Compliance to Target 2 and Single Euro Payment Area (SEPA), Domestic Cash Management and Nostro Reconciliation.

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Why Us ?
  • Domain expertise in payments and cash management, coupled with technical competence in application development, support and maintenance, legacy modernization and migration, testing and implementation of industry-focused solutions across a wide range of technologies
  • Global web presence, a wide pool of talented resources and commitment to build long-term relationships
  • Efficient reengineering of client’s business processes allowing them to focus on core competencies
Get in Touch
Americas & Canada
Coforge Inc.

New Jersey

502 Carnegie Center Drive
Suite #301
Princeton, NJ 08540
Ph: 770-290-6113

Coforge UK Ltd.

2nd Floor, 47 Mark Lane,
London - EC3R 7QQ, U.K.
Ph: 770-290-6113
Fax: +44 (0) 20 70020701

Coforge Ltd.

SEZ Developer Unit

Plot No. TZ-2 & 2A, Sector Tech Zone,
Greater Noida, UP 201308, India
Ph: +91 (120) 459 2300
Fax: +91 (120) 459 2301

Rest of the World+
Rest of the World
Coforge Ltd.

SEZ Developer Unit

Plot No. TZ-2 & 2A, Sector Tech Zone,
Greater Noida, UP 201308, India
Ph: +91 (120) 459 2300
Fax: +91 (120) 459 2301

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