About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Accuity Enhances SSI Presentment in the Global Banking Resource

Subscribe to our newsletter

Accuity, a provider of payment routing data, AML screening software and services is pleased to introduce new enhancements that have been made to its industry leading online payment look up tool, the Global Banking Resource (TGBR). The Correspondents page on TGBR has been reconfigured to allow users to more easily associate correspondents with specific beneficiary Swift/BIC or CHIPS UID payment codes.

The improvements to TGBR’s Correspondent page provide one click access to additional payment data, such as correspondent type and information about the institution holding the account, to further assist users with their payment needs. By providing the specific Swift/BICs to include in the correspondent payment instructions on a single screen, TGBR saves users time and helps ensure that payment instructions are set up correctly. In addition, having direct access to correspondent/SSI types will allow users to pinpoint the SSI they need for a specific payment type, reducing payment failures and saving money on repair costs and returned item fees.

“We are continuously looking for ways to improve our solutions and provide our customers with additional benefits from the use of our tools,” said Brent Newman, managing director of Accuity’s product and data teams. “This enhancement to TGBR makes our Correspondent data even easier to use. It’s another way that Accuity is leveraging what has become the industry’s Golden Copy of payment data and putting that unrivalled information to work for our customers.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Testing Industry Perceptions at Data Management Summit London

Every year at the A-Team Group Data Management Summit we take the pulse of the financial data and tech industry on a range of critical topics of the day. We do this through audience participation questions during the day-long event, urging delegates to interact with speakers and other participants via remote voting on salient questions....

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

FATCA – The Time to Act is Now

The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year. But with the exception of a few modifications, the legislation remains in place and starts to comes into force in earnest...