Iliad Solutions Ltd. Company Research Report

Company Overview

Name: Iliad Solutions Ltd.

Mission: "Staying ahead" is the primary mission as Iliad Solutions helps organizations bring new technology and services to market quickly and with confidence. They emphasize safeguarding existing technology and innovating to stay ahead of the competition.

Founded: No information is available.

Founders: No information is available.

Key People: No information is available.

Headquarters: Bank House, 27 King Street, Leeds, West Yorkshire, LS1 2HL, United Kingdom.

North America Office: T +1 912 536 6467, E info@iliad-solutions.com

Number of Employees: No information is available.

Revenue: No information is available.

Known For: Iliad Solutions is recognized as a leader in financial message validation and payments testing and certification. They are market leaders in supporting over 60 customers worldwide, processing 10,000 test transactions per second.

Products

Iliad Solutions offers a suite of advanced payment testing and certification products optimized for financial services.

t3 Platform

The t3 platform is a state-of-the-art solution designed for secure and efficient payments testing and certification. It is described as scalable, containerized, and cloud-based, supporting global operations 24/7.

Key Components:

t3:Switch

Description: An enterprise-grade, browser-based electronic payment testing platform that simulates any endpoint in a single solution.

Features:

Enterprise simulation and test engine

200+ payment interfaces

ISO 20022 and OpenAPI Native

Service Virtualization

Processes 5,000 transactions per second

Cloud native/Hosted service availability

DevOps/Agile integration

Handles settlement and clearing

t3:Now

Description: Market-leading test tools available on-demand for rapid deployment.

Features:

Quick setup, operational in days

Cloud-based for fast integration with development processes

t3:Portal

Description: Provides dynamic, intuitive controls for testing and certification with a simplified GUI.

Features:

Project-based testing and certification

Facilitates collaboration for global/multi-lingual teams

t3:Cert

Description: Solution focused on Level 3 EMV merchant terminals onboarding and certifications.

Features:

End-to-end certification

Self-service-enabled and white-labeled options

Recent Developments

New Partnerships: As of October 22, 2024, Iliad Solutions has partnered with ICC Solutions to drive innovation in global EMV L3 testing and certification.

Contract Renewals: Iliad Solutions renewed a multi-year testing and certification contract with Butterfield, a leading independent bank, on October 8, 2024.

Industry Engagement: Participated in several industry events throughout 2024, including a pivotal role in Colorado's Faster Payments Council Fall Member Meeting and discussions in Istanbul as of June 11, 2024.

Platform Updates: Continuous updates to t3 platform capabilities include support for open banking, instant payments, and ISO 20022 implementations.

Industry Engagement and Insights

Iliad Solutions consistently contributes to industry discussions, emphasizing advancements in SEPA instant testing, ATM testing, FedNow, and open API strategies.