Introduction to Cashfac Virtual Bank TechnologyCashFac Virtual Bank Technology® (VBT) is used by leading fund managers and funds networks, professional intermediaries, asset servicing businesses, financial institutions and third party administrators to manage complex client money processes and to enable value added client money banking products. VBT is also used by charities and care services. VBT cuts operating costs by 50% through the virtualization of bank accounts and clearing. VBT is distributed by banks under label in return for very high value client money deposits. Over €10 billion deposits have been gathered so far this way. Central bank statistics show that CashFac markets are the fastest growing source of deposits.  VBT is multi currency and it enables the bank to enhance its client money and corporate e-banking product fast and without changes to the bank's systems. VBT eliminates key constraints to business growth through its Cash Factory® management of the full cycle of receipts, balances, transactions, reconciliation, compliance and accounting. It provides a proven collaborative STP platform for the business, its branches, service teams, customers and counterparties. VBT automates the money processing and control areas that require hard-to-find specialists; it automates compliance and it establishes consistent and best financial operating practices that are propagated across teams and acquired businesses. Businesses that use VBT are able to leverage key human resource instead of diverting that resource to compliance and quality control. Illustration 1 - The Cash Factory®. CashFac enables new customer and client facing features to help shift a business to top-right in the value / price matrix.  CashFac Virtual Bank Technology® is extended into a full Cash Factory® by the addition of A2Pay and CAM. A2Pay® is the bulk payment v data solution for STP between counterparties. A2PayT™ combines data and payment into a single process for accuracy and low cost processing. A2Pay® eliminates spreadsheets and establishes control and chained reconciliation between payer and payees. A2Pay® delivers money faster to investment / end deployment through CashFac's unique Predictive Reconciliation® that establishes a path from payer systems through to allocation / deployment at the payee. Cashfac CAM is the client access module. CAM is the end-client product deployed by fund managers / networks as a key feature in a distribution platform. CAM offers the ability for an end client to make payments directly from main bank accounts into pension (including additional voluntary contributions) and other investment products. Illustration 2 - Virtualizing bank accounts and clearing to minimize the operating costs of bank and customer  Illustration 3 - the service oriented architecture of CashFac Virtual Bank Technology® 
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