Delivered direct-to-customer, our Virtual Bank Technology (VBT) enterprise solution is multi-bank agnostic and tailored to meet specific industry cash management requirements. We have categorised these industries into six categories:
We help Asset and Wealth Managers improve CASS compliance, process efficiency, risk monitoring and accounting without wholesale replacement of legacy systems.
We work with insurance companies to enable the management of cash flows and provide a level of segregation typically provided by bank accounts and spreadsheets.
We offer pension administrators a solution that integrates with their existing systems to help them automate manual processes, reconcile and administer pensions.
For small businesses we offer The Slide App: a free banking and cash flow forecasting app available on iPad and iPhone.
Customer Success
With Cashfac’s Virtual Bank Technology, we’ve achieved better cash management, consistent cost savings and easier regulatory compliance across different business units by automating core processes.
Ian Robinson Chief Operating Officer Jardine Lloyd Thomson
Since the switch every issue has been resolved, all fears were proved unfounded and we have made big gains. The biggest benefit was getting our time back. Two and half hours of data processing on a daily basis now takes minutes.
The business case for Cashfac has proved a success. The cost of acquiring Cashfac technology has already been recovered by the cost savings the solution has provided us with.
From banks and non-banking financial institutions to property management firms and government departments, our solutions help hundreds of organisations improve the productivity, visibility, automation and regulatory compliance of their cash management operations.
Our in-house banking solutions help businesses to centrally control cash operations across multiple banks and regions without the need for a banking license.
Our Virtual Accounts platform is a multi-bank cash management solution. It is designed to provide centralised visibility and control of all banking operations.
As an FCA authorised PIS (Payment Initiation Service) provider, our virtual accounts platform allows businesses to initiate payments straight from our platform.
