A centralized multi-bank info channel with a combined view of all cash positions.The main capabilities of the new platform are:
Santander Global Connect will be run by the Finacle Cash Management Suite which comes with the Finacle Digital Engagement Hub, Finacle Online Banking, Finacle Payments as well as the Finacle Liquidity Management solutions.Some of the key highlights of the initial release include: Future releases should support self-service digital functionality/capabilities in order to effectively manage, control, and address cash and business risk, all from a common portal.Ĭustomer feedback will become a key part of future updates or enhancements, in order to ensure the international cash management solution meets customer needs.
The initial release of the platform, which is presently in the testing/pilot phase, offers clients with easy access to review liquidity held internationally. Santander Global Connect is a newly-developed cash management solution intended for promoting the international business expansion efforts for Santander’s corporate and commercial clients. Infosys Finacle, which is part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), and Santander UK, recently revealed that they’ve introduced Santander UK’s global cash management platform as part of the institution’s digital transformation efforts.
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