About OpenPath Exchange Solutions
Financial institutions need the ability to utilize solutions that will help improve
operations and member service. With the use of OpenPath, industry standard .NET
web services used with UltraData Enterprise, the easy exchange of data with virtually
any application of choice is made possible.
Web services can be used as an industry standard Application Programming Interface
(API) set for processing transactions with third party applications. IFX provides
a robust and scalable framework for the exchange of financial data and instructions
independent of a particular network technology or computing platform. The information
sharing potential of IFX has been designed to support communication not only between
a credit union and its members, but also between a financial institution and its
service providers. This specification supports existing and emerging financial services
and is extensible and customizable for future growth. OpenPath web services also
function above the business layers to ensure that all transactions flow through
the business rules the credit union defines in UltraData Enterprise and that the
data remains secure and compliant.
Exchanging data from the application, member and employee perspectives, utilizing
these industry standard formats and communication methods, provides a simplified
approach to data exchange. This delivery of pre-configured industry standard interfaces
can then be modified by institutions or third parties.
Application-Exchange
Application-Exchange is a server-based solution that processes both financial and
data transactions just as if the transaction were performed using UltraData Enterprise.
It creates industry standard web services to allow processing across any TCP/IP
network including the Internet. Using these web services, a third party application
can send a transaction request to the server without the need to duplicate the business
rules defined within UltraData Enterprise.
Member-Exchange
Member-Exchange enables the interfacing of third party browser-based applications
to the ULTRADATA System via Internet Banking. Member-Exchange helps to create a
portal for members to access all the products and services over the Internet. Once
a solution is interfaced using Member-Exchange, members will have that additional
feature with a click of a button, eliminating the need for an additional sign-on.
The member experience becomes a truly integrated Internet solution.
Employee-Exchange
Employee-Exchange enables interfacing of third party browser-based applications
into UltraData Enterprise’s Financial Services Platform (FSP) using hypertext transfer
protocol (HTTP) connectivity. Creating a portal for staff to access all the solutions
your credit union currently uses via the Internet, Employee-Exchange pulls data
from UltraData Enterprise and the member data in focus is passed to the credit union
specified website. Once an application is interfaced, staff will have that additional
feature with a click of a button.
OpenPath Software Bundle Components
- Online Documentation
Documentation is available online via the UltraData customer website by selecting
the link for the Encyclopedia. Documentation will be updated with new web services
as they become available.
- Software Developer’s Kit (SDK)
The SDK contains everything development staff or third party vendors need to build
applications that are designed to interface with UltraData Enterprise using web
services.
- Web Services
Web services are available on the test server. The web services contain the code
needed to interface third party applications to UltraData Enterprise.
-
Community OpenPath Website
The OpenPath community website provides secure access to both clients and partners
driven by a SQL Express database that holds current and future web services. Clients
and partners have the ability to query the database using categories and key word
searches. The website provides a forum to share information, best practices and
web services.