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Breaking news, opinions and insight from Sibos 2019 in London

CoCoNet upgrades cash management product

Source: CoCoNet

Today at Sibos, CoCoNet announced the launch of MULTIVERSA IFP Version 4.0. This is the next generation of its highly successful payment and cash management solution for banks’ corporate customers.

Banks that use the latest version of MULTIVERSA IFP will enjoy two main benefits. Firstly, they will be able to increase their corporate customers’ satisfaction by offering them an improved solution for payment and cash management services. Secondly, they will gain from improved processes and added customer care functionality.

Improved user experience
The latest features of MULTIVERSA IFP for payment and cash management tasks include smart payment creation functionality, real-time reporting and SWIFT gpi tracking for international payments.

Banks will also be able to delight their corporate customers with the seamless and enhanced user experience provided by Version 4.0. This is thanks to the outstanding visual quality of the version’s user interface, as well as its smart dashboards and optimised workflows.

Furthermore, Version 4.0 has highly convenient security methods. With the new release, users can access their banking channel via an app-based security token for mobile and desktop.

“I am very proud to launch MULTIVERSA IFP 4.0 at Sibos today,” said Oliver Olmesdahl, CEO of CoCoNet. “With the combination of an enhanced user experience, new features and convenient security, banks can provide a tool that makes their corporate customers even more successful.”

Benefits for banks
MULTIVERSA IFP 4.0 brings great benefits to banks as well as to their corporate customers. Its functionality enables them to strengthen their relationships with their existing customers and generate opportunities in new markets.

Included in the new release are customer analytics applications and customer retention tools. MULTIVERSA IFP 4.0 is also agnostic to banks’ back-end systems and integrates seamlessly with their applications and APIs. As a result, it is an excellent foundation on which to base their global channel strategies for corporate customers.

“We already have many international banking clients who are using MULTIVERSA IFP successfully on a day-to-day basis, providing banking services to more than a million corporate users around the world.” explained Oliver Olmesdahl. “The banking and broader business landscape continue to change rapidly, however, which is why CoCoNet is committed to constant innovation. This commitment to innovation is evident in Version 4.0 of our highly popular MULTIVERSA IFP product.”

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