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Modernising Payment Applications For Future Resilient Financial  Services

Growing volume of cross-border payments, increasing demand for real time payments, threats from non-bank digital first entrants and massive drive towards ISO 20022 readiness are few of the major disrupting trends are at the heart of biggest transformation initiatives being undertaken by Banking and Financial Services industry today.

The confluence of disrupting trends is driving convergence towards Invisible and Real Time Payments made possible through digital interoperability of systems and usage of information rich XML messages to share information between participants. Banks and Financial Service Industry today is standing at the cusp of a digital revolution and only those, who adopt a Digital First operating model will succeed in 2020 and beyond.

CIO’s are leading this transformation along with the CEO’s as lines between business and technology continue to blur. Companies should focus on creating “Digital First” strategy which leverages Cloud, API led inter-connectivity, AI/ML and Big Data to transform business requirements such as ISO 20022 readiness, eKYC, faster payments and efficient back end operations.

Techwave brings strong domain experience, technology expertise and delivery capabilities to create tailormade IT services and solutions built to your needs. We see ourselves as ideal co-development partner to your business and collaborating with us means full access to leading digital technologies and best service experience in the industry.

Our Services

iot protocols

Application Modernization and Custom Development Services

Cloud First enterprise architecture framework development for scalable, resilient, event driven and future ready enterprise.

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iot protocols

Financial Message Automation For ISO 20022 Migration

Helping companies modernize messaging technology for regulatory compliance and efficient operations as they take digital transformation to next level

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iot protocols

Development Partner For Digital Transformation Initiatives

Bridge resource and skills gap quickly to turbocharge your digital transformation initiatives

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Our Experience


  • Algorithmic Trading
  • Equities
  • Commodity
  • Broker Dealer Services

Financial Messaging Automation

  • Message Validation
  • Data Enrichment
  • Transform Message
  • Message Flow
  • Message Formats (ISO 20022, SWIFT)


  • Cash Management
  • Settlements
  • Margins & Quotes
  • Rate Streaming
  • Spot/Forward
  • Retail Forex Over the counter


  • B2B Bulk Cross Border
  • Multi formats payment acquisition
  • Validations & compliance
  • Multi formats payout
  • Settlements & Reconcile
  • Credit/Debit Cards

Success Stories

Case study on Cross border payment - ASPOne

Case study on Cross border payment – ASPOne

Financial and banking - Case study on Retail Foreign Exchange - Euro change

Financial and banking – Case study on Retail Foreign Exchange – Eurochange

Financial and banking - Case study on Trading Analytics - Borgerweert, KARVY

Delivering Efficient Cross Border Payments Platform

Financial and banking - Case study on Real time analytics to enable customer facing personal - Eurochange SAP BO

Financial and banking – Case study on Real time analytics to enable customer facing personal – Eurochange SAP BO