Icon Solutions

Icon Solutions provides consulting services to leading financial service companies.

Ranging from IT architecture, design and strategy, to project delivery and software development, we enable institutions to capitalise on modern technology and market drivers to reduce costs, increase revenues, and ensure compliance with regulatory and industry standards.

For more than 16 years, we have focused on defining, developing and delivering instant or real-time payment solutions worldwide, including UK Faster Payments, Singapore G3 Fast and Europe’s SEPA Instant Credit Transfer (SCT Inst) implementations.

We work with clients to easily adopt state-of-the-art technologies and legacy platforms. We aim to find the optimal and most flexible solution. Getting the right people in front of each problem allows the best solutions to be identified quickly.

Consultancy services for the payments industry

Icon’s accumulated experience and depth of knowledge will support your modern payments business speed and scale.

We offer consultancy services to customers such as global banks, corporates and payment schemes. Our expertise in the business domain is supported by the practical experience of designing, delivering and supporting mass payment solutions for clients such as Tier 1 UK banks.

Instant payment framework

Icon Solutions’ Instant Payments Framework (IPF) provides companies with faster and more cost-effective access to instant payments through an advanced and highly flexible software framework integrated with core and back-office banking applications.

Created as a result of front-line experience gained from global instant payments implementations, IPF enables banks to avoid many of the common challenges associated with instant payments adoptions, whilst also providing a cost-effective, future-proof and flexible solution.

Support for APIs and digital interfaces

The world is now connected via APIs and user-centred mobile and web apps. We can help you get the right tools, people and culture to build new products for your move to the new API Economy.

Icon believes that PSD2 must be addressed in a wider strategic context, so has established an API Banking Centre of Excellence to support banks as they make the switch.

Fraud and anti-crime solutions

Every financial services company faces new challenges when dealing with potential and existing customers, especially in an increasingly digital world.

Our team effectively deals with failures in controls and digital transformation, so their involvement in the latest programmes reinforces their experience in existing and upcoming challenges.

We can help you to future-proof your anti-money laundering (AML), Know-Your-Customer (KYC), screening and monitoring solutions.

We are also involved in other operational risk domains and in the new challenges of Know Your Supplier and the due diligence of an increasingly dispersed services landscape.