Three Sub-Accounting Strategies Banks Are Adopting

Posted on by Razia Ahmed

Sub-Accounting is not exactly a new concept for North American banks, who on many occasions have built and deployed tactical solutions (like virtual accounts, escrow sub-accounts, etc.) when treasury clients came up with varying asks to segregate bank accounts to meet their specific needs.

iGTB, with guest speakers from Fifth Third Bank and Synovus, hosted the webinar on Sub-Accounting strategies for banks, to leap ahead of their competition.

Banks are now realizing that solving a specific sub-accounting need for a specific client is tactical at best, cannot be replicated or reused for the most part, and typically leads them down the high-overhead path of hand-crafted solutions that are not scalable.

Watch the recording of the webinar and learn:

  • What exactly are these 3 strategies, and how banks are adopting these into their offerings?
  • What are the types of problems that banks are trying to solve?
  • What is driving the urgency now, more than ever, to focus on rolling out sub-accounting solutions?
  • What our experts are suggesting to banks that are looking to roll out sub-accounting solutions.

 

Bridgit Chayt

Head of Commercial Payments & Treasury Management
Fifth Third Bank

 

Seth Marlowe

Head of Treasury Strategy & Product Innovation
Synovus

 

Balakrishnan Narasimhan

Head of Solution Consulting
Intellect Global Transaction Banking (iGTB)

Please fill in the form below to view the full recording and Q&A of the session.