Our product automatically aggregates network transactions and other balances, such as PnL, based on the Synctera ledger’s transactional data. At the end of each day, it triggers the creation of a file with money movement instructions for the bank to ingest.
By leveraging the Syntera automated sweeps daily file, the bank can automate transaction postings in their core banking system, eliminating the need for manual intervention. This solution enhances operational efficiency and accuracy.
