WIZZIT Cloud Hosted Solution is a secure cloud hosted environment with over 10 years of experience to provide the optimal solution to banks. It is Cloud Based but integrates securely into the bank's system to allow for real time transaction processing and reconciliation. It is a distributed system with multiple redundant points in multiple countries providing a platform with no downtime. The platform is built on technology that allows for high concurrent transaction processing.
FULL SECURITY ASSESSMENT
Ongoing security monitoring and compliance with the following:
|- Payment Card Industry Data Security Standard (PCIDSS).|
|- Financial Services legislation.|
|- Protection of Personal Identifiable Information standards.|
|- Corporate governance standards|
Country Specific information can be assessed and included in the security monitoring set.
ADVANTAGES OF THE CLOUD PLATFORM
|- Systems should be able to be implemented and bank branding provided within an 8 week period.|
Scarce IT resources are not impacted with WIZZIT taking care of the following:
|- Infrastructure setup.|
|- Mobile Network connectivity.|
|- Third party solution provider integration.|
|- Daily monitoring and system management.|
|- Network monitoring and management.|
|- Bank/Post Office Integrations. (Firewall and network connectivity will need to be allowed by the FSP)|
|CLOUD HOSTED VS. BANK HOSTED||CLOUD HOSTED||BANK HOSTED|
|HARDWARE||No Hardware is Required.||6 Servers required in the local Data Centre & DR Site|
|SYSTEM MONITORING & MAINTENANCE||WIZZIT is responsible.||Host is responsible.|
|SOFTWARE MAINTENANCE & UPGRADES||All software maintenance & upgrades are done with no downtime.||This is host dependent.|
|APPS (IOS & ANDROID) & INTERNET BANKING||Custom requirements are billed on a time and material basis.||Custom requirements are billed on a time and material basis.|
Of all the market segments, the least serviced is the SME market – despite small business being the backbone of any economy. WIZZIT has developed a new tailor-made solution to address this gap.
Introducing the WIZZIT International Smart ESB. Developed over the last 10 years, it’s the ultimate solution for seamless integration with all existing and third party banking systems while maintaining complete security.
We can now offer an exciting range of end-to-end technology products for banks to service retailers and merchants in new ways.