PeaceSphere

Enterprise Remittance Management Platform

Flagship Product Enterprise-Grade AI-Powered

PeaceSphere is an enterprise-grade Remittance Management Platform built on modern microservices architecture using .NET Core 8 and Angular 19. It provides comprehensive features for cross-border remittance processing, compliance management, multi-channel disbursement, fund management, and regulatory reporting — designed specifically for the banking sector with full compliance to Bangladesh Bank regulations, Foreign Exchange Policy, and ICT Security Guideline V4.0.

46 Functional Modules
63 Technical Requirements
6 Month Deployment
18 Dedicated Team

Solution Architecture

PeaceSphere is built on a modern microservices architecture that provides modularity, scalability, and resilience across six well-defined layers.

Presentation Layer

Angular 19-based responsive web application with role-based dashboards, real-time notifications via SignalR, and Progressive Web App (PWA) capabilities. Supports modern browsers including Chrome, Firefox, Edge, and Safari.

API Gateway Layer

Centralized API Gateway using Ocelot/YARP providing request routing, load balancing, rate limiting, authentication, and API versioning. Acts as a single entry point for all client requests with Swagger/OpenAPI 3.0 documentation.

Service Layer

Independent microservices for each business domain following Domain-Driven Design (DDD) principles with CQRS pattern — covering Transaction Processing, Customer Management, Fund Management, Compliance, and Reporting services.

Integration Layer

API adapters and connectors for CBS, SWIFT, RTGS, BEFTN, NPSB, MFS providers (bKash, Nagad, Rocket, uPay), AML/Sanction Screening systems, Agent Banking solutions, and external partners through RESTful APIs and SOAP web services.

Data Layer

Oracle 19c database with read replicas for performance optimization, Redis distributed caching for session and data caching, and RabbitMQ message queuing for asynchronous processing of high-volume transaction workloads.

Security Layer

End-to-end encryption (AES-256 + TLS 1.3), JWT token-based authentication, role-based access control (RBAC) authorization, multi-factor authentication (MFA), API rate limiting, and immutable audit trails with blockchain-based option.

Core Functional Modules

PeaceSphere provides a comprehensive suite of fully integrated modules covering the entire remittance lifecycle from transaction initiation to settlement and reporting.

User Management

Comprehensive user lifecycle management for Remittance Hub, Treasury, Branch, Agent, and Sub-Agent operations.

  • Maker-checker workflow for new user creation with multi-level approval
  • Flexible user group management with hierarchical role structures
  • Granular permission assignment at feature, menu, and action levels
  • Configurable transaction limits per user with password policies
  • Full lifecycle: activation, deactivation, locking, unlocking with audit trail

Setup Management

Fully parameterized setup module for MTOs, Agents, Sub-Agents, MFS providers, and Banks.

  • Exchange House/Bank setup with currency-wise Nostro accounts and BB approval details
  • Agent network setup with branch info, territory assignment, and account configuration
  • Configurable corporate data file mapping for different MTO file structures
  • MTO-wise and payment mode-wise exchange rate configuration
  • Configurable account debit instructions per exchange house/bank

Transaction Management

End-to-end transaction processing covering integrated, non-integrated, and SWIFT-based operations.

  • Integrated MTOs: real-time API processing with auto-routing and instant disbursement
  • Non-integrated: bulk file upload (Excel, CSV, flat files) and manual posting
  • SWIFT: MT103 parsing, voucher generation, MT202 COV and MT199 responses
  • Multi-channel disbursement via BEFTN, RTGS, NPSB, MFS, and cash
  • Hold/release mechanisms, cancellation, return, and reversal workflows

Fund Management

Complete NOSTRO/NRDA/NRTA cover fund management with real-time balance tracking.

  • NOSTRO to FC fund transfer management with balance monitoring
  • NRDA to NRTA transfers with configurable processing rules
  • Multi-level reconciliation engine with mismatch detection
  • Branch and Head Office level reconciliation across all transaction types
  • Automated settlement reporting with daily/weekly/monthly statistics

Incentive & Commission

Dynamic incentive and commission management supporting multiple calculation methods.

  • Bangladesh Bank incentives, Own Bank incentives, and Other Bank/MFS incentives
  • Slab-wise, fixed, and percentage-based calculation methods
  • Agreement-based commission configuration per MTO/Agent/Sub-Agent
  • Charge and incentive setup for BEFTN, RTGS, NPSB channels
  • Automated calculation and realization during transaction processing

KYC & Compliance

Comprehensive KYC management with walking customer registration and AML integration.

  • Quick customer onboarding with KYC data collection and document upload
  • Unique ID generation with duplicate prevention using intelligent matching
  • NID/Passport verification integration via Election Commission and Passport systems
  • KYC deficiency management with checklists, reminders, and auto-alerts
  • AML/Sanction screening against OFAC, UN, and EU sanction lists

Reporting Engine

AI-assisted multilayer and dynamic reporting for regulatory and management needs.

  • All 17 general reports and all regulatory reports pre-built
  • Bangladesh Bank reports: Daily, Weekly, Monthly, Quarterly, Half-Yearly, Yearly, ADHOC
  • FastReport integration with custom report designer and template management
  • Multi-format export: PDF, Excel, Word, and CSV with formatted output
  • AI-assisted natural language report generation and scheduled delivery

AI & Risk Management

Embedded AI engine for intelligent matching, anomaly detection, and risk scoring.

  • AI-powered beneficiary matching using fuzzy and phonetic algorithms
  • Transaction pattern analysis with many-to-one and one-to-many detection
  • Anomaly detection for suspicious transaction flagging
  • Predictive analytics for transaction volumes and operational forecasting
  • Configurable risk parameters with automated alert generation

MTO Portal

Dedicated portal for Money Transfer Organizations with comprehensive self-service capabilities.

  • Remitter/Beneficiary ID generation and amount conversion
  • Automatic commission computation with bulk entry support
  • GL voucher management with VAT deduction and data search
  • File upload/amendment, report viewing, and exchange rate management
  • Branch management, user management, and test key functionality

Administrative & Task Management

Comprehensive administration and task tracking to keep operations running efficiently.

  • Revising/modifying information with full maker-checker controls
  • Amendment and cancellation approval workflows
  • Date-range task search with chronological notes and filtering
  • Stop payment, cancel payment, and return process management
  • Communication platform for FX deals, treasury confirmations, and circulars

Schedule & Cut-off Management

Automated scheduling engine for transaction processing windows and holiday calendar management.

  • Cut-off time management for EFT, RTGS, and other payment channels
  • Holiday calendar maintenance for automated transaction scheduling
  • Dynamic scheduler with front-end configuration panel via Hangfire
  • Transaction method setup per exchange house with automated routing rules
  • Configurable batch processing schedules and auto-retry mechanisms

Beneficiary & Remitter Utility

Advanced search and lookup capabilities for beneficiary and remitter information across all transactions.

  • Search by name, account number, phone, unique ID, or photo ID
  • Configurable date-range filters with detailed task views
  • View all associated tasks and complete transaction history per beneficiary
  • Remittance certificate issuance and verification
  • Instant status checking with real-time transaction registry

Integration Ecosystem

PeaceSphere provides pre-built connectors and open APIs enabling seamless two-way communication with the entire banking and financial services ecosystem.

Core Banking (CBS)

Real-time account verification, balance check, and GL posting

RTGS

Real-Time Gross Settlement for high-value transfers

BEFTN

Bangladesh Electronic Fund Transfer Network integration

NPSB

National Payment Switch Bangladesh for interbank transfers

SWIFT

MT103, MT202 COV, MT199 messaging with ISO 20022 readiness

bKash

Real-time credit, status tracking, and reconciliation

Nagad

API-based instant mobile money disbursement

Rocket

Mobile financial services integration and settlement

uPay

Digital payment channel connectivity

AML / Sanctions

OFAC, UN, EU sanction list screening and CTR generation

NID / eKYC

Election Commission NID and Passport verification

Agent Banking

Agent and Sub-Agent solution connectivity

Technology Stack

Built on a proven, modern technology stack designed for enterprise-grade performance, security, and scalability.

Core Platform

.NET Core 8 Backend with Microservices, CQRS, DDD
Angular 19 Material Design, RxJS, NgRx State
Oracle 19c Primary DB with read replicas
SQL Server 2022 Configurable secondary option

Infrastructure

Docker / Kubernetes Container orchestration & scaling
Nginx Reverse proxy & load balancing
Ocelot / YARP API Gateway with Swagger/OpenAPI 3.0
Kestrel Built-in .NET Core web server

Middleware & Services

Redis Distributed caching layer
RabbitMQ Message queuing for async processing
SignalR Real-time notifications & live updates
FastReport AI-assisted report generation

Security & Auth

AES-256 + TLS 1.3 End-to-end encryption with mTLS
JWT + MFA Token auth, SMS/Email OTP, TOTP

DevOps & Monitoring

CI/CD Pipeline Azure DevOps / Jenkins / GitHub Actions
Monitoring Stack Serilog + ELK, Prometheus + Grafana
OpenTelemetry Distributed tracing & observability

Deployment

Windows Server 2022 Enterprise OS support
Ubuntu 22.04 / RHEL 9 Linux server support
Hybrid Cloud On-premises, Azure, AWS deployments

Implementation Methodology

Agile implementation with iterative sprints — continuous feedback and risk-mitigated delivery across 7 phases over 26 weeks.

Phase 1

Discovery & Planning

Weeks 1 – 3

Requirements validation, gap analysis, infrastructure planning, and team mobilization.

Phase 2

Core Development

Weeks 4 – 8

User Management, Setup Management modules, database setup, and system configuration.

Phase 3

Transaction & Fund

Weeks 9 – 12

Transaction processing, fund management, incentive/commission, and MTO portal.

Phase 4

Integration

Weeks 13 – 16

CBS, SWIFT, RTGS/BEFTN/NPSB, MFS providers, and AML/Sanction screening.

Phase 5

Testing

Weeks 17 – 20

SIT, UAT, performance/load testing, security testing (VAPT), and defect resolution.

Phase 6

Migration & Training

Weeks 21 – 23

Data migration, user training across all modules, material delivery, and parallel run.

Phase 7

Go-Live

Weeks 24 – 26

Production deployment, hypercare support, monitoring, and documentation handover.

Compliance & Security

PeaceSphere is designed with compliance-first principles, ensuring full adherence to both local regulatory requirements and international standards.

Bangladesh Bank Compliance

Full compliance with Bangladesh Bank Foreign Exchange Policy, all relevant circulars, AML/CFT regulations, suspicious transaction reporting, and CTR generation as per BB guidelines.

ICT Security Guideline V4.0

System architecture and security controls designed to meet all requirements of the ICT Security Guideline V4.0 issued by Bangladesh Bank, built into the core system architecture.

OWASP Top 10

Application security following OWASP Top 10 vulnerability prevention guidelines with regular VAPT assessments and mitigation at no additional cost during warranty and AMC periods.

PCI DSS Readiness

Data handling and encryption practices aligned with PCI DSS requirements. All API payloads encrypted with AES-256 and transported over TLS 1.3 with mutual TLS for system handshaking.

ISO 27001 Alignment

Information security management practices aligned with the ISO 27001 framework, including server hardening as per CIS benchmarks and comprehensive access control policies.

SWIFT Standards

Full compliance with SWIFT messaging standards including MT103, MT202 COV message processing, and ISO 20022 migration readiness for future-proof interoperability.

Support & Service Level Agreement

Peace Systems Limited provides robust post-implementation support with a dedicated team, defined SLAs, and continuous evolution roadmap.

1-Year Warranty

The first year post go-live is covered under warranty including all bug fixes, security patches, performance optimization, and minor enhancements at no additional cost.

Critical (P1): 30 Min Response

System down or transaction processing stopped — 30 minute response time with 4-hour resolution target. Dedicated 24/7 support for production-critical issues.

High (P2): 1 Hour Response

Major feature impacted or performance degradation — 1 hour response time with 8-hour resolution target. Priority escalation path with dedicated engineering support.

Annual Maintenance (Year 2+)

Comprehensive annual maintenance covering application support, security patches, language version updates, vulnerability remediation, and ongoing incident resolution.

Evolution Roadmap

Continuous enhancements including advanced AI/ML models, blockchain audit trails, mobile app development, chatbot integration, Power BI/Tableau connectors, and Open Banking API expansion.

Comprehensive Training

Module-wise training program covering operational (3 days), technical (5 days), administrative (2 days), integration (3 days), report design (2 days), and security (2 days) — with materials in English and Bangla.

Ready to Modernize Your Remittance Operations?

Let's discuss how PeaceSphere can transform your cross-border fund transfer operations with enterprise-grade automation and compliance.

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