Customers that hold various types of securities or assets at a financial institution may from time to time decide to transfer part or all of these assets to a different organisation. This may represent hundreds of individual assets for customers with large portfolios.
Aqua Global’s e2gen Asset Transfer Module (ATM) allows an institution to easily transfer existing assets to a new financial institution, or allow new assets to be captured in an efficient manner.
Some of the benefits include:
- Provides pure automation (Straight Through Processing)
- Reduces manual effort and risk
- Improves audit and compliance requirements
- Scalable to meet increased business volumes
- Generates the necessary outward SWIFT messages
- Matching of outward and inward messages via the Securities matching module
- Alerts users to the pending booking event
- Users can verify and approve the transfer data
- e²gen automatically manages the booking in the host back office system