Traxpay creates financial transactions service for global corporates

Reinventing payments for the B2B market with high-speed financial transactions service

Published on 11 Jun 2013

With reliable IBM zEnterprise technology, powerful IBM WebSphere software and our trusted hosting partner EFiS EDI Finance Service, we have created a new and innovative payment solution. We have reinvented financial transactions by enabling real-time cash flows between companies.

David Desharnais, Chief Marketing Officer and Senior Vice President, Product Management, Traxpay

Customer
Traxpay

Industry
Financial Markets

Deployment country
Germany

Partner
EFiS EDI Finance Service AG

Overview

Traxpay is an innovative financial services company headquartered in Mountain View, CA (United States) with international offices in Cologne and Frankfurt (Germany). Traxpay specializes in providing real-time, 24/7 financial services for corporate clients, and offers companies unparalleled speed, visibility and control of their transactions to help optimize cash flows.

Business need
Traxpay saw an opportunity to create a new super-fast financial transaction service for midsize and enterprise corporations. Would it be possible to start small and grow fast to meet global demands?

Solution
Traxpay worked with IBM® Business Partner EFiS EDI Finance Service to build and deploy an innovative transaction platform, based fully on cloud services that scale up and out at the touch of a button.

Benefits
Traxpay keeps pace with demand for its hugely popular financial transactions service without the need for large capital investment, and yet offers speed, security and reliability at less than one tenth of the cost of traditional services.

Components

IBM products and services that were used in this case study.

Software
DB2 for Linux, WebSphere Application Server, WebSphere Application Server for z/OS, WebSphere MQ

Hardware
System z, System z: Integrated Facility for Linux (IFL), System z: System z running Linux, System z: System z running Linux - SUSE

Solution
Application Infrastructure, Business Continuity, Cloud Computing, Connectivity and Integration, Enabling Business Flexibility, System z Software

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