20 August 2017
visit www.avoka.com

Raiffeisenbank chooses City Networks for Nostro reconciliations

16 January 2003  |  3234 views  |  0 Raiffeisenbank chooses City Networks for Nostro reconciliations

Prague-based Raiffeisenbank has gone live with City Networks CityNet cash reconciliation (CARS) module to automate foreign nostro reconciliations and internal accounts at its head office and across its network of branches.

The package replaces a largely manual reconciliation process.

Pierre Brisse, executive director and member of the Raiffeisenbank board, says: "Cars was identified as being the product which would best address our needs and was positively received based on both its flexibility and its 'user' view."

He adds that the bank also uses City Network's CityNet confirmation matching (Tram) module.

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 company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.worldpaymentsreport.comvisit www.abe-eba.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
9216 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7930 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
7402 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
6759 views 0 | 1 tweets | 1 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6534 views 1 | 5 tweets | 3 linkedin