About CashFac

CashFac is a software and related services business that applies CashFac Virtual Bank Technology® to provide Straight Through Cash Processing® solutions for complex money management. These solutions release substantial benefits for corporate customers in terms of cost savings, compliance with complex money regulations, and enhanced client service. At the same time, these solutions release substantial deposit balances and / or loan balances for our partner banks.

To meet a broad range of customer need and budget, CashFac solutions are available on client-server platforms and hosted service platforms. CashFac solutions are fully multi currency and multi territory.

CashFac delivers its solutions both directly and via partner banks under own-label arrangements. Four of the top 5 UK banks offer own-labelled CashFac technology to their corporate customers, providing a high value, customer-centric extension to the banks’ corporate banking platform.

CashFac Virtual Bank Technology® is differentiated from its competition by:

• providing industry-specific, work-flow oriented cash management solutions for pensions & employee benefits, wealth management including stock-broking & investment & financial products, insurance broking & underwriting, law & trust, outsourced business process (BPO), agency banking & correspondent banking, and financial management of supply chains
• bridging the gap between the deep, back office treasury processes and banking networks so that the power of full scope banking technology is fully leveraged in the corporate back office
• enabling a Cash Factory® approach to handling the full cycle of transaction and balance processing including receipt management, Predictive Reconciliation®, automatic client money allocation within an integrated set of bank accounts and virtual accounts, and payments
• enabling transparency in the cash process for all counterparties including the payers, payees, clients, trustees, beneficiaries, counterparties, brokers, banks and audit.

CashFac's Marketing Centre is in London, England; the Development Centre is in Livingston, Scotland.

CashFac®, CashFac Virtual Bank Technology®, A2Pay®, Straight Through Cash Processing®, Cash Factory®, tapX® and Predictive Reconciliation® are registered trade-marks of CashFac.