Straight-Through Processing stories
For a bank handling 10,000 cross-border payments a day, failed transactions can drain about USD $2.2 million a year and drive customers away.
Banks can now link supply chain finance with trade lending and risk controls, as Finastra's new platform targets faster working capital rollouts.
Manual commissions reconciliation should ease for J.P. Morgan as rising U.S. options volumes push more firms onto DTCC's CTM workflow.
Banks can now manage translation, validation and routing of payment messages in one platform as ACI targets cleaner data across networks.
Businesses dropping out of onboarding are driving most of the burden, with a new report putting North American SMB merchant checks at USD $10.4 billion a year.
Finance teams using BlackLine can now collect and reconcile payments in one place, potentially speeding cash flow across 190 markets.
Fund administrators can now pull banking data in real time as Northern Trust's new APIs go live with NAV Fund Services first to adopt them.
Banks could cut payment failures and manual repairs as Volante rolls out AI agents aimed at lifting processing rates above 95%.
The new service could shorten invoice approvals for trade customers while giving suppliers earlier visibility on payment status and financing.
Finance teams face tighter AP controls and fraud risks as Basware gains a second major analyst endorsement for its AI-driven platform.
International investors in Korean equities could get a faster, more transparent voting process as the two firms plan to digitise proxy infrastructure.
Banks can now bundle trade, lending and supply chain finance in one system, with AI tools aimed at reducing risk and speeding onboarding.
It gives the Australian superannuation fund daily exposure data across its portfolio, supporting faster oversight and data-led investment decisions.
Businesses in Hong Kong, Singapore and Malaysia will be able to settle supplier bills inside existing finance systems, cutting manual processing.
Asian firms want faster FX hedging, but weak bank API links could slow automation in treasury systems despite rising AI adoption.
Finance teams can cut reconciliation times and retain audit trails as BlackLine pushes a governed AI model to ease close pressures in Australia.
Advisers will gain access to Ned Davis Research models across multiple custodians, while Amplify handles trading, rebalancing and reporting.
New account holders are moving into online banking faster, with Quontic lifting immediate digital uptake to the mid-70% range after the link-up.
Buy-side portfolio managers will be able to trade bonds without leaving IMTC's system, as ICE Bonds liquidity is embedded in existing workflows.
Cleaner early claims data could cut delays and rework for motor insurers as LexisNexis rolls out three tools across the U.K. market.