COREX Capabilities
Standard capability configurations available in the COREX Platform
COREX Platform Capabilities
The COREX Platform offers a comprehensive set of capabilities that can be configured based on client requirements and subscription tier. Each capability is identified by a standard code (SCTxx) and can be enabled or configured to different levels depending on client needs.
Core Capabilities
SCT01 - B2C Distribution Channel
The B2C Distribution Channel provides interfaces for individual customers to access financial services.
Features:
- Customer registration and onboarding
- Account management and overview
- Transaction history and statements
- Payment initiation and management
- Customer support access
- Personal settings and preferences
Platform Options:
- Web Interface: Browser-based responsive application
- Mobile - Android: Native Android application
- Mobile - iOS: Native iOS application
Configuration Options:
- Basic: Single platform (Web OR Mobile) with essential features
- Standard: Two platforms (Web + one mobile platform) with full feature set
- Advanced: All platforms (Web + Android + iOS) with biometric authentication and offline capabilities
SCT02 - B2B Distribution Channel
The B2B Distribution Channel provides interfaces for business customers with multi-user access and role-based permissions.
Features:
- Business entity registration and verification
- Multi-user access with role-based permissions
- Bulk payment processing
- Business account management
- Reporting and analytics
- Integration with accounting systems
Platform Options:
- Web Interface: Browser-based responsive application
- Mobile - Android: Native Android application
- Mobile - iOS: Native iOS application
Configuration Options:
- Basic: Web-only interface with essential business account management
- Standard: Web + one mobile platform with full business features and multi-user support
- Advanced: All platforms (Web + Android + iOS) with accounting integrations and custom workflows
SCT03 - Country of Operation
A foundational core capability that defines where a tenant can operate and is used by all other capabilities. Each tenant can configure which countries they can operate in per capability.
Features:
- Allowed country lists - Countries where operations are permitted
- Denied country lists - Countries where operations are restricted
- Localized interfaces and content
- Country-specific compliance features
- Regional payment methods and banking connections
- Local currency support
- Country-specific reporting requirements
Per-Capability Configuration:
- Each capability (SCT01-SCT13) can have its own country configuration
- Tenants can enable specific capabilities in specific countries
- Different compliance requirements can be applied per country
- Capabilities can be gradually rolled out to new countries
Configuration Options:
- Single country operation: Limited to one country with full compliance
- Regional operation: Multiple countries in a region (e.g., EU, APAC) with regional compliance
- Global operation: Worldwide operation with country-specific compliance for each market
Payment Capabilities
SCT04 - Instant Payment
Real-time payment processing capabilities for immediate fund transfers.
Features:
- Real-time transaction processing
- Instant payment notifications
- 24/7 availability
- Transaction status tracking
- Fallback mechanisms for failed transactions
Configuration Options:
- Basic: Standard processing times
- Standard: Same-day processing
- Advanced: Real-time processing with instant confirmation
SCT08 - Usage of External Bank Cards
Integration with external card networks for payment processing.
Features:
- Card registration and management
- Card transaction processing
- 3D Secure authentication
- Recurring payment setup
- Card tokenization for security
Configuration Options:
- Basic: Limited card types and transaction volumes
- Standard: Full card support with standard security
- Advanced: Enhanced security features and specialized card types
SCT09 - Multi-Currency Financial Operation
Support for operations across multiple currencies with exchange capabilities.
Features:
- Multi-currency accounts
- Foreign exchange services
- International payment processing
- Currency conversion reporting
- Exchange rate management
Configuration Options:
- Basic: Limited currency support (major currencies only)
- Standard: Extended currency support
- Advanced: Complete global currency support with real-time FX
SCT10 - Closed-loop Operation
Self-contained financial ecosystem for specific use cases.
Features:
- Internal wallet system
- Closed network transactions
- Custom payment instruments
- Specialized loyalty integration
- Controlled ecosystem management
Configuration Options:
- Basic: Simple closed-loop transactions
- Standard: Full closed-loop ecosystem
- Advanced: Hybrid closed/open loop with external connections
Management Capabilities
SCT05 - Subscription Business Performance Management
Tools for managing subscription-based business models and recurring revenue.
Features:
- Subscription plan management
- Recurring billing automation
- Subscription analytics and reporting
- Customer lifecycle management
- Churn prediction and prevention
Configuration Options:
- Basic: Essential subscription management
- Standard: Full subscription business tools
- Advanced: AI-powered subscription optimization
SCT06 - Decision Support System
Analytics and intelligence tools to support business decision-making.
Features:
- Business intelligence dashboards
- Data visualization tools
- Predictive analytics
- Custom reporting
- Decision recommendation engine
Configuration Options:
- Basic: Standard reports and basic analytics
- Standard: Interactive dashboards and custom reporting
- Advanced: AI-powered predictions and recommendations
SCT11 - Compliance Management
Tools and features to ensure regulatory compliance across operations.
Features:
- KYC/AML verification workflows
- Regulatory reporting
- Transaction monitoring
- Audit trail and logging
- Compliance documentation management
Configuration Options:
- Basic: Essential compliance features
- Standard: Comprehensive compliance management
- Advanced: Automated compliance with regulatory updates
Advanced Capabilities
SCT07 - Omni Channel
Seamless experience across multiple customer touchpoints and channels.
Features:
- Consistent user experience across channels
- Cross-channel transaction continuity
- Unified customer data view
- Channel-specific optimizations
- Centralized channel management
Configuration Options:
- Basic: Limited channel integration
- Standard: Core channel integration
- Advanced: Complete omnichannel experience
SCT12 - Financial Network Access
Connectivity to financial networks and banking systems.
Features:
- Banking network integration
- Payment scheme access
- Correspondent banking relationships
- Network status monitoring
- Fallback routing mechanisms
Configuration Options:
- Basic: Limited network access
- Standard: Regional network access
- Advanced: Global network access with redundancy
SCT13 - Financial Asset Management
Tools for managing various financial assets and investments.
Features:
- Asset portfolio management
- Investment tracking and reporting
- Risk assessment tools
- Performance analytics
- Asset allocation optimization
Configuration Options:
- Basic: Simple asset tracking
- Standard: Comprehensive asset management
- Advanced: Sophisticated investment tools and strategies
Capability Configuration by Subscription Tier
Each subscription tier includes a specific configuration of these capabilities. For detailed information on which capabilities are included in each tier and their configuration levels, please refer to the Subscription Models page.
Custom Capability Configuration
Enterprise and Custom subscription tiers allow for tailored capability configurations based on specific business requirements. Contact our sales team to discuss custom capability configurations for your implementation.