Streamlining Cash Settlements in the New World

Description

Buy-side firms have found themselves at a crossroads in the majority-remote environment as the rise of automation has taken shape to help mitigate the effects of several fragmented and decentralized processes. Specifically, within the area of cash management, firms continue to manually track, map and verify banking details through the use of spreadsheets and manual processes, which are inherently error-prone and time-consuming.

In this Video on Demand webinar, we explored industry-wide best practices for solving the challenges of manual cash settlement through tightly controlled and fully transparent automation.

Agenda

  • Efficient Management of a Payment Ecosystem – Workflows, Checks and Controls
  • Integrating Different Payment Methods – SWIFT, ACH, CHAPS, BACS, Faster Payments
  • SSI Management – Workflows, Audit, Callbacks
  • FX and Security Settlements
  • Upstream and Downstream Integration
  • Demo of IVP Cash Master
Key Takeaways
  • Best practices to resolve and prevent common problems within the payment process
  • Key steps for integration with SWIFT and other payment methods
  • How to build a seamless communication platform with banks and other counterparties
  • Checks and controls to reduce risks and fraudulent activities

Cash Management Solution

A customizable cash management solution for processing payments and monitoring balances via STP. This ISO 20022-compliant solution centralizes balances for unified risk control and regulatory compliance and ensures that counterparty data is validated once and then made instantly available for future automated payments based on configurable rules. A comprehensive and customizable solution for cash settlements, balance monitoring, and straight-through processing (STP). Our cash management solution includes features like SWIFT payment processing and ensures that counterparty data is validated once and then made instantly available for future automated payments based on configurable rules. The solution centralizes all balances, providing unified risk control and regulatory compliance.

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