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Iliad launches test platform for US Real-Time Payments

Source: Illiad

Iliad Solutions has announced the launch of a new test solution which will reduce costs and make it simpler to develop and deploy systems to operate with the RTP network, the real-time payments system from The Clearing House.

The solution is pre-configured to virtualise all elements of the RTP network and support thorough testing for any financial institution or gateway services provider ahead of certification to TCH’s requirements for the RTP network.

Financial Institutions and gateway services providers who leverage the Iliad solution can easily configure their own scenarios to extend the test capability as their environment demands. No matter how the solution is deployed, enabled members can support a fully automated regression platform to rapidly test changes to their system whenever they occur and whatever the scale.

The system is containerised in Docker, and available via SaaS (on AWS) private cloud or on a member’s premises.

Anthony Walton, CEO at Iliad Solutions said: “This launch allows members to test their ability to exchange RTP messages without making mistakes, at a time when so much needs to be learned so quickly. The technology is constructed on a virtualised testing platform used by some of the world’s leading financial institutions and card schemes. Testing and innovation for the RTP network has never been simpler.”

Iliad has a depth of expertise in testing and immediate payments. Eleven of the thirteen UK Faster Payment banks use Iliad’s software to test their solutions and they are a supplier of software to the UK’s scheme.

Steve Ledford, Senior Vice President and Senior RTP Product Executive at TCH said: “This product launch gives financial institutions of all sizes, as well as their vendors, additional choice when preparing for participation in the RTP network. Test solutions such as the Iliad Solutions platform should greatly reduce the time and effort spent on testing and certification.”

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