Nomos Software solutions support adoption of best-in-class, powerful and practical software techniques for working with XML-based financial messaging such as ISO20022. The solutions are used to test business rule compliance against the standards, and to test market practice and business-specific rules.Read more about the methodology behind the solutions.

Hosted Compliance Testing Service for SEPA

Nomos Software provides a hosted service for checking compliance of SEPA messages against the business rules published by ISO20022, EPC and EBA. The service provides a quick and easy way to validate SEPA messages. For example, the service can be used to check the compliance of DNF messages used by the STEP2 Direct Debit service between banks and EBA Clearing, and to check the compliance of pain.008 messages used on the Customer to Bank interface for SEPA direct debits. The service checks that messages are compliant with the business rules included in the ISO20022 MDRs (message definition reports), the EPC Imlementation Guidelines, and the EBA Interface Specifications. The service pinpoints any issues in the messages, and provides a reference to the relevant business rules in the published specifications.

Hosted Compliance Testing Service for ISO20022 and ISO20022-based Messaging

The Nomos hosted service for ISO20022 business rule compliance checking provides an easy way to validate ISO20022 messaging (e.g. payments clearing and settlement, securities trade, and cash management messaging), against the business rules published in the ISO20022 MDRs (message definition reports). Support can be included for additional market practice rules published for particular ISO20022 messages.

Beyond Standards Compliance Testing

The service can be extended to include customised business rules for ISO20022 and SEPA messaging to cater for individual business needs. For this more proprietary solution, the service can be deployed within the customer environment. Going beyond ISO20022, the service can be easily configured and extended to support business rules for any XML-based messaging, including XML messaging formats defined and used internally within a business.

Deploying Business Rules in Automated Test and Production Environments

The same business rules supported in the hosted validation service can be easily deployed by customers in production and automated test environments. Nomos Software generates java code that can be dropped into a customer environment, eliminating the time and effort involved in getting development and test teams to manually implement the business rules as part of the production system, and automated test suites. This ensures the exact same level of compliance checking in production and test environments, with the same detailed and business-focused error messaging found in the online service.

Solutions for UML Modelling Environments - MagicDraw^TM Add-Ons

The OCL Business Rules Testing Add-On for the MagicDraw UML product is designed for use by organisations that model business data in UML, and that store the real business data in XML form. The Testing Add-On turns OCL business rules captured in MagicDraw UML models into executable tests that can be run in an automated test environment against XML data.