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Help your customers manage segregation of monies held on behalf their clients, distinct from their own funds, for many different needs involving trust/escrow accounts.
-Contextualize client money use cases for specific industry and service segments, to handle a variety of escrow and non-escrow scenarios, which includes:
-Tripartite relationships with escrow agent as an independent 3rd party
-Bipartite trust relationships with no independent escrow agents
-Bank that double up as an escrow agent
-Manage models for both stand-alone escrow accounts and escrow sub-account structures
-Address standard regulatory compliance needs with bank definable parameters and rules
-Self-service capabilities for banks to configure different client money/escrow products
-Built on robust virtual account platform which provides flexibility and unlimited hierarchy
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