Product engine and payment orchestration
Launch and manage banking products across accounts, transactions, and payments on a modular platform built to work with one or multiple cores.
Product engine
Configurable Product Factory
Deposit and loan products are defined by configuration — interest rates, charges, fees, taxes, delinquency rules and accounting — not by code. New products and policy changes go live without a release cycle.
Real-time Account Lifecycle
Open, activate, block, close and write off accounts through a consistent API. The product engine manages state and party links across every stage of the account's life.
Transactions and Balance Integrity
Real-time posting, holds, reversals and balance tracking with a double-entry general ledger underneath. Balances stay accurate across deposit, loan and internal accounts for every channel.
End-of-Day Automation
Interest accrual, capitalisation, profit distribution, fee posting and delinquency updates run as scheduled batches. Operations teams get a repeatable, observable close every day.
Shariah Compliant
One product engine covers CASA, term deposits, installment loans and revolving credit producs for both conventional and islamic banking. Built on a flexible architecture,it provides the ability to introduce new product structures without complexities.
Data Ready for Reporting
Daily account, balance and transaction extracts feed analytics, regulatory and finance reporting pipelines. No extra integration layer required to get product data out.
Use Case (Mobile)
audax combines digital origination and party management to deliver configurable end-to-end onboarding, identity verification, compliance screening, account creation, and a single trusted party master across individuals, businesses, prospects, and relationships, reducing time-to-account, duplication, and regulatory risk.
Accounts and transactions aggregation
Unified Account View
One consolidated view of every customer account across multiple core banking systems, account types, and currencies. Removes the silos that stop banks offering a complete digital relationship.
Real-Time Balances
Up-to-date balances and available funds on every channel, with multi-currency aggregation to a base currency. Customers always see where they stand before they act.
Account Lifecycle Self-Service
Digital actions for account activation and lifecycle management. Reduces branch and contact-centre load and lets customers manage their own accounts.
Transaction Intelligence
Search, filter and review transactions across accounts, with categories and tags that power personal finance journeys and downstream analytics.
Core Banking Orchestration
Routes enquiries and actions to the right core system through account-locator configuration. Deposits, loans, term deposits and external systems are reachable through one consistent API.
Configurable by the Bank
Account catalogues, grouping rules, product types and FX behaviour are configuration, not code. The bank controls its own product presentation and data logic which can be seamlessly exposed to customer and staff channels.
Use Case (Mobile)
audax combines digital origination and party management to deliver configurable end-to-end onboarding, identity verification, compliance screening, account creation, and a single trusted party master across individuals, businesses, prospects, and relationships, reducing time-to-account, duplication, and regulatory risk.
Payments and cards orchestration
Multi-Rail Payment Processing
Process domestic and cross-border payments across multiple rails -- own-account, intra-bank, inter-bank, SWIFT, and real-time -- through a single orchestration layer with configurable limits, validation, and compliance controls.
Card Lifecycle Management
Issue, activate, block, replace, and cancel physical and digital cards through integrated card processor connectivity, giving customers full self-service control while reducing branch and call-centre dependency.
Beneficiary Bill Payment Management
Maintain a secure payee registry with alias-based identification, step-up authentication, and a configurable biller catalogue that supports prepaid and postpaid bill payments with transaction history and service discovery.
Configurable Limits, Scheduled Payments FX
Enforce tiered transaction limits by currency, payment type, and customer segment; schedule recurring payments with lifecycle controls; and retrieve real-time foreign exchange rates with transparent fee breakdowns.
Issues Banks Face Today
- Limitations of legacy core
- Slow product launch
- Lengthy batch processing
- Fragmented data across systems
- Manual limit management
- Limited spending controls
How audax can help
Modernise products and payments without replacing your core, using audax to extend legacy capabilities, unify multi-core data, and orchestrate market-specific payment flows.
Extend Your Core
Launch new products on the audax Product Engine alongside existing legacy cores, adding capabilities without replacing what already works.
Unify Across Cores
Run multiple cores in parallel while aggregating accounts and transactions into one consistent customer view.
Shape what your customers experience next
Connect with our team to explore how audax can support your modernisation priorities, or request a personalised demo of our platform.
