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Virtual Accounts Management. ACCOUNTS. MADE TO MEASURE.

Virtual Account Management Acccounts Made To Measure

Virtual Accounts Management.

Accounts.
Made to measure.

Bring innovation to the forefront of cash management

Meet our experts

Virtual Accounts Management.

Accounts.
Made to measure.

Delight clients with account management truly aligned to business

Meet our experts

Virtual Accounts Management.

Accounts.
Made to measure.

Offer what your legacy core
systems cannot do

Meet our experts

Virtual Accounts Management.

Accounts.
Made to measure.

Increase revenue with new monetization opportunities

Meet our experts

Virtual Accounts Management.

Accounts.
Made to measure.

Embed your bank deep into the customers’ cash operating cycle

Meet our experts

Virtual Accounts Management.

Accounts.
Made to measure.

Reduce cost and risk with Virtual Accounts blended into your ecosystem

Meet our experts
Virtual Account Management Acccounts Made To Measure

The world's most advanced sub-accounting system

The World's Most Advanced Sub-Accounting System

VIRTUAL ACCOUNTS ARE REAL

Self-service Virtual Accounts with no bank dependency, for made-to-measure flexibility and control

  • Unlimited Account Hierarchy
  • Contextual VA/VIBAN
  • POBO, COBO, LOBO
  • In house banking
  • Multi currency virtual accounts
  • Self-service where and when it matters
  • Unlimited Account Hierarchy

    Mirror complex corporate hierarchies in account structures with full owner information.

  • Contextual VA/VIBAN

    Use Virtual Accounts as a surrogate of bank account or map it to a context or virtual IBAN.

  • POBO, COBO, LOBO

    Perform full Payments, Collections and Liquidity operations with the bank’s existing processors. Enable Payment/Collection On-Behalf-Of factories.

  • In-house banking

    Enable customer to run an in-house bank with independent management of inter-company funding management.

  • Multi-Currency Virtual Accounts

    Create innovative solutions with super-efficient, multi-currency Virtual Accounts.

  • Self-Service Where And When It Matters

    Empower the customer to manage hierarchy, accounts and interest on their own. No need to wait for the bank to open, transact, manage and close accounts.

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Get the full measure of Virtual Accounts with three powerful offerings

  • Visual Cash Management

    VIRTUAL CASH MANAGEMENT

    • Context aware mechanism to enable swift reconciliation and instant DSO updates
    • Segregation based on corporate’s hierarchies (subsidiaries, departments, etc.)
    • Collections 'On-Behalf-Of' segregated entities. Extended capabilities to enhance real-time reconciliation of pending receivables
    • Payments 'On-Behalf-Of' segregated entities, while validating transaction limits
  • Managing Liquidity

    MANAGING LIQUIDITY

    • Alternatives for traditional sweeps through self-concentrating Virtual Account structures
    • In-house banking capabilities including interest management for corporate treasury functions like intercompany lending / borrowing and managing limits, across divisions, subsidiaries, lines of business, etc.
  • Managing Client Money

    MANAGING CLIENT MONEY

    • Segregation of funds that a corporate receives from, or on behalf of, a client or related stakeholders
    • Typical examples include escrow accounts, trust accounts, investment omnibus, etc.
    • Increased focus on regulatory and compliance aspects

Banks benefit from increased revenue, retention and satisfaction

Whilst adhering to regulations and reducing cost and risk

Banks benefit from increased revenue

Virtual Accounts are creating a paradigm shift in the way banks assess and implement their revenue streams, while at the same time addressing their key objectives with respect to operational cost and risk management.

  • Increase market share in cash management services
  • Help corporate clients with an alternative for in-house banking
  • Increase client retention, to become the Primary Banker
  • Create new non-traditional paradigms for fee income
  • Reduce operational expenses, while enabling clients for self-serviced account management
  • Provide a better view to credit visibility and viability of their customers
  • Help address implications arising due to Basel III requirements for liquidity coverage and capital adequacy
  • Reduce KYC dependencies and related risk

Clients benefit from better cash visibility

Giving significant improvements in operations and risk management

Clients benefit from better cash visibility

Corporate treasurers desire increased control over their financials, and to align it with their internal structures. As organizations grow through organic and inorganic growth with complex hierarchies, their aspirations for “In-House Banking” nirvana is getting realised due to Virtual Accounts.

  • Comprehensive and segregated view of cash position aligned by business units - geo, subsidiaries, etc
  • Natural aggregation of funds
  • Leverage real-time payments for better and faster cash visibility
  • Track inter-company positions and interest settlement
  • Optimize number of accounts to be maintained, significantly reducing costs
  • Reduce dependency on the bank for account management
  • Straight through reconciliation to free-up working capital
  • Support centralized treasury management and in-house banking
  • Efficiently manage counterparty positions and exposure
  • Manage intercompany exposures
  • Support payments decisioning with cross-hierarchy limits

AVAILABLE ON CLOUD AS SaaS

Harness the flexibility, power and security of Intellect’s global partnership with Microsoft Azure and AWS

Microservices Architecture

Microservices Architecture

Loosely coupled, self
contained services

API First

API First

Build internal eco
systems with Open APIs

100% Cloud Native

100% Cloud Native

Flexibility to deploy on
any public cloud platforms

Pluggable Backends

Pluggable Backends

Enrich and integrate any backend or application gracefully with pluggable integrations

Security

Security

With layers of security, ready
for private or public cloud deployments

No Vendor Lock-in

No Vendor Lock-in

Usage of open source components based on
CNCF (Cloud Native
Computing Foundation)

ABOUT iGTB

iGTB's Contextual Banking Experience Platform (CBX) is a white label digital banking platform and product processors to manage corporate’s cash, liquidity and trade leveraging Machine Learning and predictive analytics, delivered through APIs and an omnichannel User Experience.

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