Electronic Bank Account Management (eBAM) Solution Now Offered by Flux

12 March 2013

Flux announces its eBAM solution for banks, delivering efficiency to corporate customers

Today, Flux announced Flux eBAM for Banks. This new solution allows banks to provide their corporate customers automated and standards-compliant services to electronically manage:

  • Opening and closing bank accounts
  • Adding and removing account signatories
  • Obtaining account information without manual intervention

Electronic bank account management replaces tiresome, lengthy, and slow paper-based processes with electronic efficiencies, reducing human errors, speeding up response times, and providing greater transparency into bank and corporate operations.

Flux eBAM for Banks delivers banks a strategic advantage in competing for the business of corporate customers, who demand ever increasing efficiencies and speeds from their banking partners. Banks can also open new revenue streams by offering Flux eBAM capabilities as new services to corporates.

Since 2000, Flux's file orchestration technology has been underpinning service offerings at the largest banks and financial institutions. Flux's long track record of reliability in the most demanding financial environments forms the foundation of Flux eBAM for Banks.

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