Evare LLC, a technology company specializing in the acquisition, transformation, and delivery of financial data, announced today that Singapore has become the latest country to be added to the growing list enabling true global bank connectivity through the Evare Data Network. Evare clients with banking relationships in Singapore can now leverage the same automation available in other countries.
Evare has established 150 financial data links with 8 of the top 20 banks in the world and five of the top seven cash management banks. These links are used to acquire, normalize, and deliver balance and transaction data from the financial institutions’ internal systems, including DDA, account analysis, custody, clearing and settlement, and collateral services, to the banks’ clients.
"Our customers with banking relationships in Singapore needed a reliable data acquisition tool." stated David Phillips, CEO of Evare. "We have developed a unique service that saves our clients time and money, reduces their exposure to operational risk, and is flexible enough to support individual client requirements in terms of data format, delivery method, and worldwide banking relationships."