Aptys Solutions, a payments network provider for financial institutions nationwide, offering the industry's only common platform to support all aspects of payment processing, has launched its Active Archive solution, which eliminates payment channel silos and enables financial institutions to manage all payments information in a single location.

Active Archive provides interactive capabilities that simplify the archiving process, reduce a financial institution’s operational costs and decrease payment risk and fraud. The solution optimizes the management of information from any payment channel while meeting compliance and reporting requirements.

“Aptys Solutions is committed to delivering solutions that create simplicity and efficiency in payments processing,” said Sean Pennock, president of Aptys Solutions. “With Active Archive, we have developed an interactive approach to data management that delivers a common archive for all payment channels.”

Active Archive allows financial institutions to consolidate payment archives and is constructed to manage information across an enterprise. By merging all payments data, the highly flexible solution enables financial institutions to pull both correspondent and respondent payment analytics. The unique design of Active Archive integrates seamlessly with existing payment systems, fulfills all compliance and reporting requirements and is compatible with any transaction type including X9.37, ACH and wires.

Active Archive is built using Microsoft 64-bit technology, which optimizes search performance and stores and supports extensive volumes of data for unlimited lengths of time. Operating through a single, common channel also allows financial institutions to conduct research and quickly track, trace and return or adjust checks.

About Aptys Solutions

Rockwall, Texas-based Aptys Solutions provides financial institutions with a common infrastructure to support payments processing initiatives, including image exchange, ACH processing, wire processing, Federal Reserve messages, in-network exchange (INEX) payment processing and mobile payments, among others. For additional information, visit www.aptyssolutions.com.