Virtual Banking Technology helps banks adhere to Basel III
Leading banks around the world place Cashfac’s solutions at the heart of their cash management services offered to corporates and public bodies.
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Cashfac’s solutions are utilised by a wide range of corporations and mid-sized businesses to achieve greater transparency, control and compliance over operational cash.
Cashfac’s Virtual Bank Technology allows organisations to better manage their money by connecting a virtual bank infrastructure, managed and controlled by the firm, to a bank-provided account. Seamlessly marrying the cash data provided by the firm’s internal systems, to the balance and transaction data provided by the bank, provides a precise and granular understanding of real-time cash. By combining this detailed understanding of actual and expected payments and receipts with reconciliation, sweeping and pooling capabilities Cashfac users have unparalleled control across an account hierarchy designed uniquely for their business.
Cashfac solutions are utilised by the widest range of industry sectors;