Asia Pacific partnership offers FIs a future-proof solution for all their payment needs

Asia Pacific partnership offers FIs a future-proof solution for all their payment needs
06.05.2020 09:02 am

Asia Pacific partnership offers FIs a future-proof solution for all their payment needs

Payments

Compass Plus further strengthened its partnership with Stratus Technologies in Asia Pacific with the announcement of the successful stress testing of TranzAxis using Stratus ftServer®. The testing was completed using TranzAxis, the next generation Open Development Payments Platform from Compass Plus, and Stratus ftServer, a fully integrated, continuously available platform for running business-critical workloads.

The testing aimed to determine how TranzAxis performs when used for online transaction processing on Stratus platforms in a close to real-time test simulation. As part of the simulation, the solution responsiveness and stability were tested under different workloads, whilst investigating, validating and verifying other key attributes, such as scalability and reliability. Both parties are extremely pleased with the results and are proud to offer a fully-tested, future-proof and proven hardware and software solution to financial institutions (FIs) and other payment service providers across the Asia Pacific region.

"Customer focus has always been a lynchpin of Stratus' success. We pride ourselves in creating Edge solutions that simplify, protect and automate our customers' digitally transforming business-critical operations," said Lin Hoe Fong, Managing Director – ASEAN, India and Emerging Markets at Stratus Technologies. "In using our ftServer to help companies maximise revenue, quality, and productivity, we believe that together, Compass Plus and Stratus can offer a solution that supports FIs in their quest to be competitive at the forefront of the payments market."

"Compass Plus carries out all testing in environments that closely imitate the variables that occur in real-life, in order to replicate how the system responds in various situations. With intensive transaction periods becoming more and more common, there is an increased requirement for an FI's payment infrastructure to remain stable at higher capacities for longer," said Sergey Putenikhin, VP & Managing Director, Asia Pacific at Compass Plus. "We are pleased that together with Stratus Technologies we can offer a solution that is reliable, customisable and affordable, and one that can meet the requirements of any FI in the region."

Related News

Banking Circle secures five finalist places at 2020 Emerging Payments Awards

Banking Circle, the financial infrastructure provider to Payments businesses and Banks has secured 5 finalist slots in the 2020 Emerging Payments Awards.... Read more »

Starling, TranSwap and Remitr among first wave to sign up to Currencycloud Spark

New solution provides global multi-currency accounts to Fintechs and FIs

Read more »

Tinkoff launches charitable scheme ‘Cashback to Give Back’

Tinkoff is happy to announce the launch of its new charitable scheme Cashback to Give Back. The aim of the project is to help get... Read more »

PPRO announces 85% volume growth despite pandemic, accelerates plans with new investment from Sprints and Citi

PPRO, the world’s leading local payments platform-as-a-service, reports today an 85% increase in transaction volume from last year, highlighting the... Read more »

Absa ARO Completes Fully Virtual Implementation as It Moves to Fiserv for Card Management and Processing Across Nine African Nations

Fiserv, Inc. (NASDAQ: FISV) a leading global provider of payments and financial services technology, today announced that... Read more »

Mastercard rolls out new business intelligence platform for European banks

Mastercard today announced the launch of Market Trends, an interactive platform providing a comprehensive view of payments insights, competitive intelligence... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel