CashFac is the complex cash management specialist

Replacing thousands of bank accounts, off line reconciliation, spreadsheets and guesswork in government departments and corporates with virtual bank accounts, single funds and payment bank accounts, real time precision, and instant funding positions.

Launching hundreds of thousands of real time cash management accounts with fast customer onboarding in asset retention programmes for fund managers; eliminating credit risk in settlement and providing real time 24 x 7 cash account access to retail investors on resilient cash management platforms.

Allocating millions of rents and service charges in STP in property and household management, with transparency and real time audit trail, precision for the portfolio owners and automatic compliance with regulation.

Managing complex flows of contributions and balances for hundreds of thousands of pension / superannuation plans in group and personal high wealth contracts, with compliance in SLA and regulation, and STP in funds management.

Controlling thousands of wallets in close connection with banks for on line auction sites that provide instant, 24 x 7 access to customers.

Protecting tens of thousands of accounts for vulnerable adults and children, and connecting carers, care departments and care homes in coordinated voluntary and funded programmes.

Enabling bank partnering for international corporate service coverage through virtual bank accounts in agency and virtual branch constructs.

Streaming high volume dividends and settlements in outsourced custodian and registrar services

Operating hundreds of thousands of client money accounts for professional firms and regulators

•   Banks

  CashFac's virtualisation uniquely enables bank partners to configure real time cash management products and immediate point solutions for fast response to RFPs, with full payment system integration, customer side STP with embedded reconciliation, and no change to existing bank systems. more...

•   Non-bank financial services

  Based on straight-through processing (STP), CashFac speeds cash management operations and delivers operational efficiency for a number of world leading financial institutions. CashFac supports electronic bank account management, including virtual bank accounts. more...

•   Professional and business services

  CashFac provides a single platform on which the centralised finance function can support wide area cash operations, including the management of thousands of bank accounts, with consistent and automated processes. more...

•   Public sector

  CashFac supports what is usually termed virtual or electronic bank account management for public sector organisations. It is already powering CARE ACCOUNT solutions for a wide range of public sector organisations. more...