EastNets has announced a partnership with Aptys Solutions to offer a managed services platform for both domestic and international wire transfers. The partnership is designed to provide small to mid-sized financial institutions a service that integrates multiple back-office systems and offers a connection to both SWIFT and FedLine Direct networks.
“These are very exciting times for today’s financial institutions and organizations as the advent of new technologies have played a major role in ensuring seamless transactions,” said Hazem Mulhim, CEO and Founder of EastNets. “Understanding the key demands of this industry, we have partnered with industry leader Aptys Solutions and have come up with a comprehensive wire transfer system that integrates with FedLine Direct and SWIFT within the US and the rest of the world.”
“New compliance regulations are driving the mid to small financial institution market to find better ways to manage their wire service,” added Eric Dotson, EVP of Sales at Aptys Solutions. “With the introduction of this integrated platform, FIs will benefit from a user-rich experience that allows them to take advantage of unattended SWIFT and Fed wire processing and lets them reduce operational costs and re-focus on core banking functions.”
On the second day of this year's AFP conference Trump's potential tax reform, using synthetic debt and the expected benefits of SWIFT GPI were all hotly discussed topics.
Today CGI and GTNews have announced the launch of the fifth annual Transaction Banking survey report, which offers which offers critical insight into the corporate-to-bank relationship.
On-Demand Treasury Management Solutions continue to gain increased adoption in the US and EMEA regions.
Treasurers are being expected to do more work with fewer resources than ever before, so it is little wonder that the automation of day-to-day operations was highly discussed on the second day of EuroFinance, the annual treasury event held in Barcelona this week.