18 January 2018
visit http://response.ncr.com

HVB rolls out CityNet Reconciliation and Investigation in London

03 February 2004  |  2940 views  |  0 HVB rolls out CityNet Reconciliation and Investigation in London

Germany's Bayerische Hypo-und Vereinsbank AG (HVB Group) has installed City Network's CityNet Reconciliation and Investigation product at its London office.

The vendor says HVB London will implement the latest version of the system, which provides improved integration between the confirmation matching, cash and securities reconciliation processes and the investigation functions.

Mike Turner, head of nostro control, HVB London, says: "Better integration and faster processing means that in spite of an 5% increase in volumes over the last year, there has been no change in numbers in the reconciliations and investigations department."

The product is also able to run 24x7, which eliminates any 'end of day' processes. Additional benefits include a single 'sign in' and users are also now able to access information on both reconciliations and investigation from just one screen.

HVB already uses the product at six other centres, including its office in New York.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

HVB Group deploys Front Arena

HVB Group deploys Front Arena

19 November 2003  |  3006 views  |  0 comments
HVB Group implements Pegasystems to tackle payments exceptions

HVB Group implements Pegasystems to tackle payments exceptions

20 October 2003  |  4170 views  |  0 comments
HVB rolls out City Networks Conversation Checker module in London

HVB rolls out City Networks Conversation Checker module in London

01 September 2003  |  4042 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comvisit www.niceactimize.comvisit www.thomsonreuters.info

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11849 views comments | 16 tweets | 17 linkedin
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
10132 views comments | 32 tweets | 35 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
9834 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
9532 views comments | 17 tweets | 14 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9452 views comments | 14 tweets | 16 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job