Smoother operations and processing
Minimise errors, case exceptions and broken communications between financial institutions
Correspondent Banking as a Service
Correspondent Banking as a Service
Improved margins and customer experience
Reduce your payment operations and compliance costs and boost customer satisfaction and volumes
Correspondent Banking as a Service
Better risk management and control
Strengthen risk management through transaction-by-transaction analysis and control
Correspondent Banking as a Service
Clearer focus and sustainable growth
Reduce time to market when engaging with new counterparties and diversifying your portfolio
Enabling correspondent banking partnerships, one transaction at a time
The problem
Banks, financial institutions and other payment/financial service providers often struggle to establish smooth and transparent relationships due to time-consuming manual processing and complex transaction chains.
Because banks are unable to easily and accurately assess transaction risks, relationships are traditionally based on trust. This results in missed opportunities for profitable business relationships with new partners. Until now.
The promise
TenureX is an innovative platform that eliminates the constraints of bilateral, relationship-based banking. With TenureX, financial counterparties can cooperate seamlessly and confidently, one transaction at a time.
Transforming the correspondent banking experience
TenureX enables banks and all types of financial institutions to build and streamline their relationships with current and future banking partners. This is done using an innovative, reliable and controlled network and a data-first approach.
The platform provides enriched objective information about wire transfers, enabling structured execution based on pre-agreed compliance and risk rule setting between banks and their partners.
Benefits of the TenureX platform
Smoother operations
Unified, objective data view
Reduced internal frictions and costs
Straightforward digital processes
Fast setup thanks to simple API integration
Reduced risk
Data driven decision making
An X-Ray view of each transfer before exposure
Enriched data about each involved party
An external, scalable framework that helps filter out noise
Business growth
Access to new volumes, relationships, and partners
Improved offering for banks
Reduced time to market for setting up clearing accounts
Improved customer retention and experience
For additional information about the correspondent banking landscape and the need for new solutions, check the resources below.
