12 December 2017
visit www.avoka.com

Accurate Software wins European Investment Bank contract

01 December 2004  |  4051 views  |  0 Accurate Software

The European Investment Bank (EIB), the European Union's financing institution, is implementing Accurate Software's operational risk management software, Accurate NXG, to automate reconciliation processes at its headquarters in Luxembourg.

EIB will use the technology to automate reconciliation processes for its cash, securities and foreign exchange confirmations.

Accurate says the system will provide EIB with a single platform that will streamline back office processes and provide a comprehensive transaction control system across multiple business areas.

The product will also deliver improved information management via a browser-based dashboard, which provides a platform for users to analyse and distribute key information, and can be used to quantify risk at both a detailed and aggregate level.

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

European Fund Administration goes live with Accurate Software

European Fund Administration goes live with Accurate Software

12 October 2004  |  3168 views  |  0 comments
National Bank Financial licenses Accurate operational risk software

National Bank Financial licenses Accurate operational risk software

03 August 2004  |  3225 views  |  0 comments
Caixa Catalunya deploys Accurate NXG for reconciliations

Caixa Catalunya deploys Accurate NXG for reconciliations

05 April 2004  |  3545 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.solutions.lexisnexis.comvisit www.atos.netvisit www.aciworldwide.com

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11781 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8665 views comments | 15 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7068 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6809 views comments | 20 tweets | 11 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
6712 views comments | 17 tweets | 35 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job