Empowering the non-technical end user, saving time and money

London, United Kingdom, 12 November, 2013. The B2 Group, provider of cloud based payments, FX and funds STP software and consultancy solutions to transaction banks and corporates across the globe, announced today their B2 ChannelMap Generator tool continues to gain traction in the market.

This sophisticated mapping tool is easy and cost effective to deploy. Products on the market claim they enable users to manage the processing for financial messages with a minimum of technical intervention however the reality is quite different. The B2 development team have invested 10 years building, testing and supporting truly automated messaging solutions and are very proud of the B2 ChannelMap Generator. It has a unique ability to provide the user with everything required to manage financial message processing, including the most complex of transformations without the need for specialist technicians. Accessed via a browser, B2 ChannelMap Generator is designed for the business user and does not require any specialist IT skills. The product integrates seamlessly with the robust B2 GTS platform or indeed any third party technology.

The mapping and transformation of financial message files involves selection of data from incoming files, moving the data, in the required format, and populating the specific fields of outgoing files as demanded by the recipient. Whilst the process appears to be very simple, anyone familiar with the process knows very well that there are always challenges. Whether the process involves large volumes of small value messages or alternatively low volume, but high value messages, these transactions are critical to business success and failures expose an organisation to risk, increased costs and ultimately may result in reputational damage.

Users of B2 ChannelMap Generator can rely on the easy to use automation tool to provide :
•         Mapping of proprietary files, both incoming and outgoing
•         Analysis of file mapping, field by field
•         Manage multiple file formats and versions with confusion
•         Test, validate and handle exceptions
•         Highest level of security and control

“We understand, only too well, the frustration of banks and corporates who find automation tools on the market can be expensive, hard to deploy and often their users struggle to realise the promised benefits. At B2, we are totally focused on delivering easy to use, efficient and cost effective financial messaging solutions and we know our customers are delighted with the results they are achieving. The B2 ChannelMap Generator continues to be well received by users and we are very proud of our team who developed this valuable addition to our automation solution set,” comments Phil Boland, Chief Executive Officer, The B2 Group.

For further information about B2 ChannelMap Generator, please visit www.theb2group.net.