Banking
Montran offers a complete suite of payments, cash and liquidity management solutions for banks. Solutions range from local clearing and settlement mechanism connectivity, to full payments engine and accounting space capability with multi-CSM connectivity. In addition we offer solutions to manage bank liquidity, bank client liquidity, cash pooling, sanctions screening, fraud, virtual accounts and more.
Payments Connectivity
Montran’s Payment Connectivity solution was developed as a response to the growing need of the commercial banks to connect to multiple clearing and settlement systems, messaging systems such as SWIFT as well as other proprietary messaging systems. It allows a single point of integration between the back-office applications of the bank and the external world, thus offering a wide overview of the entire payments and messages traffic of the bank.
Virtual Account Management
The Montran Virtual Account Management (VAM) platform is available for Intra-Bank use or as a Multi-Bank, Multi-Jurisdictional product for your Corporate clients. It offers full Virtual IBAN Management (VIBAN) and Open Banking capability. Available as Software-as-a-Service (SaaS) or on premise.
Cash Pool Engine
Montran’s multi-currency Cash Pool Engine provides banks with a liquidity management platform offering cash concentration and notional pooling capabilities to its various client segments. The Cash Pool Engine is considered the cornerstone solution to achieve client liquidity objectives, maintaining complete control over liquidity holdings held at accounts within the bank, or third-party bank accounts, providing multi-bank support.
Demand Deposit Accounting
Montran’s Demand Deposit Accounting System is an online, real-time customer accounting system that keeps track of all the activities and the balances of the accounts, both current day and for historical days. Fully integrated with the Payment System and can be interfaced with any Payment Engine.
Virtual Account Management
The Montran Virtual Account Management (VAM) platform is available for Intra-Bank use or as a Multi-Bank, Multi-Jurisdictional product for your Corporate clients. It offers full Virtual IBAN Management (VIBAN) and Open Banking capability. Available as Software-as-a-Service (SaaS) or on premise.
Multi-Bank Cash Concentration
Montran’s Multi-Bank Cash Concentration allows banks to offer various cash concentration capabilities to its corporate client segments. The capabilities apply to both bank local accounts and to accounts held at other banks, providing multi-bank support. It enables the bank to provide value added services to their clients which assist in achieving liquidity management objectives and complete control over liquidity holdings.
Cash Pool Engine
Montran’s multi-currency Cash Pool Engine provides banks with a liquidity management platform offering cash concentration and notional pooling capabilities to its various client segments. The Cash Pool Engine is considered the cornerstone solution to achieve client liquidity objectives, maintaining complete control over liquidity holdings held at accounts within the bank, or third-party bank accounts, providing multi-bank support.
Escrow Services
The Montran Escrow platform allows any bank to provide a fully featured Escrow service to their clients. All funds are automatically allocated to the correct client accounts upon receipt of funds with full alerting, IOLA/IOLTA interest calculation and regulatory reporting. Available as Software-as-a-Service (SaaS) or on premise.
Sanctions Screening
In today’s ever changing, strict regulatory environment, scheme operators and commercial banks struggle to perform sanctions screening 24/7 and in real-time required by Instant Payments infrastructure. The adoption of these modern payment channels is delayed because of the shortcomings of the legacy solutions incapable of adhering to the latency required.
Fraud Detection and Prevention
The trend towards Instant Payments is clear by now. But as some like to say, Instant Payments means instant fraud. Banks have a tough time finding fraud detection solutions that work within the difficult time constraints of an Instant Payments flow. National Banks and clearing and settlement institutions are looking for centralized solutions to help their participant banks.