Matrix accounts: Enables front-to-back digital banking
Your customers just want banking to be easy. They want simple, seamless access to products and services, 24/7. Matrix accounts enables banks and financial service providers to quickly create and adjust banking products, such as cash accounts, term deposits, loans, and FX contracts, and also to handle different payments, including SEPA and SWIFT systems.
What does Matrix accounts offer?
- Banking products that are easy to create and adjust — cash accounts, term deposits, loans, and FX contracts
- A lean, agile and highly adaptable back office solution
- A flexible product that supports multi-currency accounts, including fixed interest and overdrafts
- Configuration of reusable schemes for interest, fee, transaction, task and payment allocation
- Handles incoming and outgoing SEPA and SWIFT payments, as well as internal payments
- Accounting by configuring a subledger
Visit our website for more information: https://www.fivedegrees.com/products/digital-core-banking-matrix-accounts