Our global account management module enables banks to gain full control of global cash relationships. It provides the ability to upload, store and report on all maintained documentation and accounts. The toolkit provides full transparency over your relationships globally and with the embedded audit functionality demonstrates on-going counterparty Nostro/Vostro/Loro accounts monitoring to support audit and regulatory requirements.
The key benefits derived by banks using Thomas Murray’s Cash Correspondent Toolkit are increased cost efficiencies and reductions, consistent data for dissemination on a central platform, a reduction in operational risk across accounts and markets, the formalisation of policies across a bank and increased transparency across a bank’s entire account network and operations.