Why Choose Astera EDI Connect for Banking & Mortgage Data Exchange
Effortlessly transform complex financial data into readable formats without requiring coding expertise.
Adhere to stringent GDPR guidelines for robust data protection and individual privacy and uphold PCS standards for reliable communication services.
Ensure accurate and error-free data transactions with built-in and user-defined checks.
Save time and effort by automating file transfers, generating acknowledgments, and sending emails.
Handle demanding banking and mortgage data volumes with a highly adaptable architecture.
Leverage advanced ETL functionality to further process received EDI data and easily store it in databases, make service calls, or store it in data warehouses.
Take advantage of Astera’s unified platform that offers AI-powered data extraction, ELT, ETL warehousing, and API lifecycle management capabilities.
Ingest various file types hassle-free, such as loan documents and financial records, while easily monitoring their movement throughout the data exchange process.
Create custom transaction sets to meet specific partner requirements (financial institutions, mortgage lenders, and insurance companies), promoting seamless collaboration.
Simplify EDI complexities with intuitive parsing, building, and validation tools, enable in-house handling, and reduce reliance on costly VANs.
Astera Supports Diverse Transaction Codes for the Finance & Mortgage Industry
| X12 | EDIFACT |
|---|---|
| Payment Order/Remittance Advice (820) | Financial Payment Message (PAYEXT) |
| Bank Statement (822) | Bank Statement (BANSTA) |
| Lockbox (823) | Lockbox (LOCSTA) |
| Account Analysis (822) | Account Analysis (BANSTA) |
| Bank Credit/Debit Memo (812) | Bank Credit/Debit Memo (CREMUL) |
| Payment Order/Remittance Advice (820) | Financial Payment Message (PAYEXT) |
Trusted by Leading Organizations
Customer Testimonial
CCHP Achieves 99% Approval, $100K Savings with Astera’s EDI Solution!
“Each change in the file done manually used to take 3 hours, which would average to about 2 days per month or 192 hours/$6500 per year. Now it takes just 5 minutes. “
– Amanda Moede, Health Plan Data Analyst, Children Community Health Plan (CCHP)
EDI Resources for the Mortgage Industry
EDI enables the electronic exchange of structured data, such as invoices, purchase orders, and financial transactions, eliminating the need for manual data entry and paper-based processes.
EDI Payments are crucial in facilitating secure and efficient financial transactions between businesses. From automating the exchange of payment instructions to streamlining communication.
Building strong, efficient, and transparent trading relationships is more critical than ever in the rapidly evolving business landscape. Organizations strive to optimize their operations, improve collaboration, and drive growth in the digital age.
Awards & Recognition
Let’s Talk
At Astera, we know that every organization has unique data needs. Set up a discovery call, and we will show you how our EDI mapping and processing solution can help your unique use case!