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Use cases & benefits

Industry use cases

Funds and asset services

Funds, management companies and asset services rely on a single orchestration layer to industrialise multi-bank operations across complex structures. The platform centralises account connectivity, payment execution and bank-data flows while enforcing strict segregation between funds, compartments and underlying clients. It supports controlled operating models where a servicer runs day-to-day processing and clients may be granted optional access for initiation, validation, approvals or oversight, depending on governance and delegation arrangements.

Life insurers

For life insurers, the primary value often lies in high-volume account reporting retrieval across a broad network of custodian and account-holding banks, combined with transformation of that information into consistent datasets for oversight and downstream processes. By centralising statement and reporting flows and standardising formats, the solution strengthens monitoring, reconciliation and operational visibility across large multi-bank account estates. Payment capabilities can be activated where required, but the core focus is frequently on data consolidation, transformation and control.

Corporates and institutions

Treasury and finance teams use the platform to centralise operations across multiple banks, streamline payment initiation and approval workflows, and maintain end-to-end visibility over execution. It reduces fragmentation between bank portals and internal systems by providing one consistent workflow layer, with integration options for ERP or TMS environments and support for automation where appropriate. Multi-entity governance is embedded, helping groups enforce consistent approval rules and operational controls across accounts, entities and geographies.

Banks

In a bank context, the solution serves as a customer portal for institutional and/or corporate clients, enabling payment initiation, reporting access and operational oversight on accounts held at the bank – and, optionally, on accounts held at other banks. The setup supports strict segregation per customer and can embed governance steps such as validation workflows performed by one or more bank users before execution, when the operating model requires it, e.g. with depositary banks. This allows banks to deliver a consistent digital experience while extending services beyond channel-specific constraints.

Typical use cases

For what purpose and in which contexts is the Banking Orchestrator platform typically used? For which industry segments is it optimised? Why do these players choose to implement the Banking Orchestrator platform?

Regulated financial industry professionals

  • Easy outsourcing to a Support PFS
  • Covers all relevant (depositary) banks over SWIFT
  • Meets finance professionals’ compliance, reporting & audit requirements
  • Own authentication (MFA) system – can be provided to external clients/signatories
  • AML/CFT & risk management features

Used by: (Life) insurance companies, investment fund/asset managers, asset servicing companies, banks

Companies seeking payment flow automation

  • Flow automation using APIs
  • Unlimited bank reach through SWIFT
  • Customisation capacity – all components been developed and are fully owned by Finologee
  • High-end SLAs and customer service
  • Technical expertise

Used by: Tech and payment platforms, BPO/outsourced service providers, utilities, public sector

Institutional & intermediary players

  • Advanced flexible access rights & roles
  • Complex workflow management capacity (signatories …)
  • Own authentication (MFA) system – can be provided to external clients/signatories
  • Potential integration with customer’s authentication stack
  • Full audit capability & access

Used by: Investor services, accounting firms, corporate players, public institutions

All features & modules

Key benefits

Manage all your bank accounts in one place

A holistic overview and a generic access to all your payment accounts with all your banks on a single secure platform. Implementing Banking Orchestrator removes the need for manual connection or customised integration of proprietary interfaces. It also reduces error levels, increases efficiency and improves regulatory compliance.

Increased data entry accuracy

Banking Orchestrator makes it easier to set up payments through its user-friendly interfaces, reduces the risk of human error and increases safety through its built-in validation mechanisms. It also streamlines processes and harmonises workflows.

End-to-end automation

Banking Orchestrator caters for end-to-end automation scenarios by connecting client systems through its secure API endpoints. This enables clients to submit transactions directly to their banks over the SWIFT network without the need for additional (human) validation at bank level or using the bank’s own security credentials.

Reach

The bank network connectivity is relying on Finologee’s own SWIFT connection stack. Messages are routed through its own BIC but can also use the client’s BIC. National and international coverage is virtually universal, with most banks being connected through the SWIFT network. The connection of bank accounts is a straightforward and standard process at the banks and has no technical impact on the client’s side.

Flexibility

When defining the scope and the setup of an Banking Orchestrator implementation project, Finologee works closely with client teams to define user roles and permissions that accurately reflect internal organisation rights and mandates, and to configure authorisation workflows according to internal procedures. Custom reports can also be implemented to meet specific business requirements.

Performance

Banking Orchestrator platform instances and implementations can be deployed and scaled very flexibly on Finologee’s versatile hosting and operations infrastructure. The web interfaces are optimised for the most relevant desktop and mobile devices, so end-users can enjoy the best experience when using the product.

Luxembourg regulation compliance

Finologee holds a ‘Support PFS’ (financial industry IT provider) licence by the Luxembourg Ministry of Finance. This status requires Finologee to abide by the same regulation that applies to banks and other financial industry professionals, making outsourcing to Finologee by regulated professionals straightforward. Non-regulated players also benefit from this setup through additional guarantees for risk management, professional secrecy, IT security, governance and audit obligations.

Security

The Banking Orchestrator system is hosted on Finologee’s Trusted Platform environment, providing state-of-the-art security and resilience guarantees fully meeting the financial industry’s requirements. The security architecture of the product has been developed according to highest market standards, with third-party transaction signature relying on industry-leading partners and thoroughly segmented production environment. Finologee is also ISO/IEC 27001 certified and subject to a variety of external audits and PEN tests.

Hosting

The Banking Orchestrator platform is hosted on a high-performance and redundant virtualisation environment, with Luxembourg’s leading data centre provider, in a redundant setup at Post Telecom’s Tier IV-certified premises, spread across different physical locations Banking Orchestrator platform operations and customer care are handled by Finologee’s DevSecOps and Customer Operations teams. Finologee’s customers can choose from several SLA options, providing market-leading availability and reactivity guarantees.

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