How Does NXTsoft OmniConnect Work for Financial Institutions?

Category: API , OmniConnect , Video
Author: NXTsoft

Say hello to Connectivity as a Service! NXTsoft's OmniConnect platform allows financial institutions of any size to easily adopt and use fintech vendor's platforms through our documented standard APIs. OmniConnect provides secure APIs for the digital infrastructure needed for your institution to connect to any fintech application. Our fintech partners connect to OmniConnect APIs, which are built on REST principles with resource-oriented URLs hosted in AWS returning in JSON format. So, how does it work?

As an industry leader in comprehensive API connectivity, NXTsoft is the trusted provider you need to meet your needs. Our OmniConnect Open API delivers exceptional API for Fintech solutions, offering a smart, “plug and play” option for financial institutions that want to maximize efficiency and cost-effectiveness via full integration. 

What does your organization stand to gain? Not only can you level up your productivity and ease of operations, but you’ll be empowered with the technology to provide a consistent, high-quality customer experience across all applications and in-branch channels.

OmniConnect: API Connectivity Solution for Financial Institutions 

Say hello to connectivity as a service. NXTsoft's OmniConnect platform allows financial institutions of any size to easily adopt and use fintech vendors' platforms through our documented standard APIs. OmniConnect provides secure APIs for the digital infrastructure needed for your institution to connect to any fintech application. Our fintech partners connect to OmniConnect 's APIs, which are built on REST principles with resource-oriented URLs hosted in AWS returning in JSON format.

So, how does it work?

We take the request from our fintech partners and deliver it to the various cores we support, often orchestrating multiple events to return a single response. Our API is core agnostic, handling all transactions required to perform the action needed. This means that we are able to connect your data with a variety of fintech applications regardless of your core.

NXTsoft's API platform goes beyond the core data. Connect your data to other systems, such as CRM or marketing platforms. Our connectivity as a service platform makes it easy for you to get the data you need wherever it is. Great connectivity shouldn't compromise security.

For authentication, OmniConnect uses OAuth 2.0. We use an ID and a JWT token generated from OAuth 2.0 to validate that the partner and the client have access to the specific data and systems to which they want to interact. Our infrastructure is hosted in a secure AWS environment behind a firewall and utilizes an API gateway for additional security. Connect with NXTsoft today to discuss how the right API strategy can save you time and money.

We take the request from our fintech partners and deliver it to the various cores we support, often orchestrating multiple events to return a single response. Our API is core-agnostic, handling all transactions required to perform the action needed. This means that we are able to connect your data with a variety of fintech applications, regardless of your core.

NXTsoft's API platform goes beyond the core data. Connect your data to other systems such as CRM or marketing platforms. Our Connectivity as a Service platform makes it easy for you to get to the data you need, wherever it is.

Great connectivity shouldn’t compromise security. For authentication, OmniConnect uses OAuth 2.0. We use an ID and a JWT token generated from OAuth 2.0 to validate that the partner and client have access to the specific data & systems to which they want to interact. Our infrastructure is hosted in a secure AWS environment behind a firewall and utilizing an API gateway for additional security.

Connect with NXTsoft today to discuss how the right API strategy can save you time and money.

 

 

OmniConnect Enables Financial Institutions to Work with One Vendor for All Connectivity

When it comes to pinpointing the best Fintech API, companies should be able to harness the benefits of exceptional versatility. OmniConnect is the key to effortlessly linking your preferred applications to a single, user-friendly interface that optimizes your processes. 

Using OmniConnect, financial institutions can manage:

  • Payments/money movement
  • Native mobile applications
  • Loan origination solutions
  • Web applications
  • Digital banking
  • And more


Our innovative API solution facilitates autonomous connectivity, giving your organization the flexibility to change core and/or ancillary systems without disruption. Depending on your needs, you can customize a solution that secures your choice of applications and systems, including those from vendors and providers that include:

  • Fiserv
  • Jack Henry
  • FIS
  • Lokyata
  • FirstClose
  • Bottomline
Kasasa

OmniConnect Enterprise Open API Solution is Secured by OmniEncrypt

NXTsoft’s OmniEncrypt establishes a secure connection to our AWS environment, relying on unparalleled encryption and authentication to protect your organization. With a combination of 24/7 monitoring and a load balance appliance that securely routes traffic to your core system, you can be confident that your data is fully protected.

For an added layer of security, OmniAlert will report any suspicious activity or anomaly, taking a proactive approach to safeguarding your organization. Our U.S.-based Security Operation Center operates 24 hours a day, seven days a week, so you’ll never be caught with your guard down.

Why Choose OmniConnect?

With more than 25 years of experience and a respected reputation in the security and Fintech industries, NXTsoft is the number-one name for data optimization, connectivity, and security. Our solutions are affordable, effective, and can be rapidly implemented to keep your team on track towards key goals. 

When you choose OmniConnect, you can reap benefits that include:
  • The advantage of partnering with one of the largest Fintech companies in the world
  • U.S.-based support staff that is always available to answer questions and address issues promptly
  • Fully-maintained updates for impeccable functionality and compliance, requiring no time or effort on your part
  • A complete, customizable solution that suits your preferences, needs, and goals
  • Unmatched reliability and performance

A Proven Track Record of Success

In the past three decades, NXTsoft is proud to have built a strong foundation of proven performance. We don’t simply talk about results; we deliver them. 

We’ve worked with a diverse range of financial institutions throughout the U.S., including those with complex needs. From aggressive acquisition strategies to complicated conversions and mergers, our team has done it all. 

Save Time & Money with the Right API Strategy

Don’t waste time, effort, or money with an API strategy that doesn’t measure up. Instead, turn to the provider that countless financial institutions know and trust: NXTsoft. Together, we can create an API solution that aligns with your needs and empowers your team to achieve your goals.


 

April 27, 2022
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