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PLAIS Connector

inventi PLAIS Connector provides integration with systems of State Enterprise Centre of Registers of the Republic of Lithuania.

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Streamlined Banking Operations

inventi PLAIS Connector integrates any core banking technology with the PLAIS (The Cash Restrictions Information System) system owned by State Enterprise Centre of Registers of the Republic of Lithuania.

This system enables any institution holding the right to a forced recovery to place orders to the credit institutions.

Features

  • Automated processing of Account Locking, Authorisation holds, Amount Transfers (write-offs) and Hold Cancelation requests.
  • Full Support during integration and testing phases with both regulators: Bank of Lithuania (operates LITAS-KART system) and State Enterprise Centre of Registers (operates PLAIS system).

Benefits

  • Automates core banking operation processes.
  • Significantly reduces time-to-market and simplifies operations.
  • Continuous Connector updates to stay in-tune with regulator platform and regulatory updates.
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We had the pleasure of working with inventi on several different projects and each time we were impressed by their professionalism. Happy to recommend the team to MAMBU customers considering composable banking and searching for partnerships that could provide tangible value to their business.

Ben Goldin,

CTO and CPO at Mambu

Executive Summary

  • Ensures integration with PLAIS - core part for any fintech operations.
  • Already in-use by multiple financial institutions.
  • Significantly reduces new platform time-to-market.
  • Secures operational regulatory compliance.
  • Automates core banking operations, reducing requirement for manual oversight.