Date Added: Jun 2010
Headquartered in Rickmansworth, UK, VocaLink is a specialist payments partner to banks, their corporate customers and government departments. When the UK Government instigated the Faster Payments initiative, VocaLink was tasked with creating an IT solution capable of enabling near-instant money transfers between accounts held by different banks. VocaLink worked with Orbital, an IBM Business Partner, to design and deploy a real-time payment processing architecture based on IBM WebSphere MQ and IBM Tivoli Workload Scheduler. Now they are able to eliminate administrative workload, increases transparency and reduce the risk of error by automating all key stages of the payments process.