Manual cash trading methods are time-consuming, costly and provide limited visibility to vault balances across the network. ExchangePoint™ from Fiserv eliminates the need for spreadsheets and automates cash trading transactions, saving financial institutions time and costs.
Ensuring optimal cash levels is a balancing act. Too little cash impacts customer satisfaction, while too much is a cost and security burden. At most financial institutions, trading analysts determine daily cash needs by using spreadsheets and making calls, inflicting these challenges:
- Keying data into multiple systems is time-consuming
- The risk of human error is high
- No visibility into trading partners' positions reduces the potential for trades and leads to higher costs
Read how ExchangePoint solves these limitations with complete automation and visibility.Download