The Allevo Payment Flows Optimization and Public Debt Management solution for state treasuries and public administrations offers financial interoperability with the business community, local and global regulatory compliance.
‒ Public debt business automation through settlement of treasury bonds on all trade phases
‒ Payments of wages and pensions in compliance with SEPA regulations
‒ Financial management of structural funds, including a business group managed by the State Treasury scenario.
FinTP has the capability to play multiple roles in the financial business of a Public Administration:
‒ Bridge between the global banks’ secure network (SWIFTNet) and the Government secure national network, performing format conversion and business flow mapping. FinTP acts as a financial integrator of various public institutions, automating their flows and consolidating their operations.
‒ Interoperability gateway with the banking community and financial market infrastructures
‒ Auctioning portal for the allocation and settlement of treasury bonds for the primary market
‒ Management of payments related to suppliers and projects financed through structural funds.
Below is a video showing one of the typical use cases of FinTP for a public institution: