Manage bank data, corporate signatories and exposures, rapidly and securely
The workflows around bank account management can be costly, inefficient and open to operational risks. With the Wallstreet Electronic Bank Account Management (eBAM) solution, your company can better manage these workflows; automating message delivery, creating transparent and auditable information flows, while reducing effort and resources allocated to this administrative but critical function. The Wallstreet eBAM solution can be white-labelled to your clients to enable them also to achieve similar operational efficiencies and controls around this process.
The Wallstreet eBAM solution is the best way to manage your entire bank account structures and processes around the world. Instantly your account management team will be able to see what accounts are open, closed, active or inactive, what services are tied to each account, the names of authorized signers, and their individual signing limits. The easy-to-use web interface presents & controls your entire banking relationship universe in real time. Appropriate documentation can be generated, centralised and stored for account openings, closings, changes and audits, signatories and mandates. The Wallstreet eBAM solution incorporates detailed user-defined business intelligence reporting, comprehensive audit trails through a fully automated process resulting in reduced human error or fraud. The solution can be configured to comply with corporate controls and governance through automating internal processes for requests, approvals, account exposures thereby ensuring regulatory requirements around controls are met.