New Briefing from Flux Articulates the Importance of File Orchestration within Banking and Finance
Today, Flux released an executive brief that articulates the importance of file orchestration within the banking and financial services industries. In today's complex banking and regulatory environment, the need to control and coordinate the paths files follow through coordinated workflows is paramount.
Check clearing and payment processing infrastructures are two examples of complex workflows that require taming. Almost invariably, files flow through these workflows in check image exchanges or through payments platforms.
"A file orchestrator unites managed file transfer and workflow to choreograph the flow of files through batch processes and transfers those files between disparate environments. This is the key to building reliable financial platforms that ensure consistency of processing," said Dave Sims, Founder and CEO of Flux.
Demand for consistent, reliable, and audited financial file processing continues to increase. Average file sizes continue to decrease while the overall number of files continues to increase — driving toward processing smaller and smaller transactions with increasing frequency throughout the day.
Read the file orchestration executive brief at:
Flux is an enterprise software company dedicated to advancing file orchestration solutions for banking and financial services. First released in 2000, Flux has grown into a financial platform that the largest US, UK, and Canadian banks and financial services organizations rely on daily for their mission critical financial systems.
Flux was recently praised as a Strong Value in Enterprise Management Associates' (EMA) Workload Automation Report. Part of Flux's success is due to their engineering team’s ingeniously simple approach to managing file processing workflows.
Across platforms and many industry sectors, Flux has simplified tasks surrounding workload automation, ensuring that critical transactions are processed on time. Whether Flux is used as a powerful standalone solution or embedded into a larger application pushing tens of thousands of jobs, Flux solutions bring solid business value with efficiencies, precise control, and affordability. Flux delivers it all with a single point of control through its Operations Console for IT Operations and developers alike.
Privately held, Flux's US offices are located in Nevada, Colorado, Tennessee, Hawaii, and Montana. Buenos Aires, Argentina rounds out the locations with all offices providing effective engineering, development, professional services, and technical support to Flux’s global customer base.
To learn more about Flux, visit flux.ly.