CTC Virtual Bank Accounts

Control for those managing client money and cash transactions

CTC Virtual Bank Accounts is a real-time cash and transaction control solution permitting Straight Through Reconciliation, comprising Gresham’s CTC technology and our partner CashFac’s Virtual Bank Technology® (VBT).

CTC Virtual Bank Accounts provides significant control and efficiency improvements for those managing client money or client funds and associated transactions. Re-keying and other high cost, manually intensive operations are removed and transaction control is increased, allowing the corporate to streamline the entire process of managing cash and transactions whilst demonstrating compliance with regulatory requirements.

We currently provide this cash and transaction control solution to Barclays in the UK, as part of their Integrated Funds Solution (IFS) and Account Management Solution (AMS) and ANZ, as part of their ANZ Cashactive solutions (alongside our CTC Receivables Matching technology).