Trovata, a leader in automating cash workflows using direct bank APIs for wholesale, has announced the launch of its new Enterprise Treasury Cloud product.
Enterprise Treasury Cloud product is fully managed data lake with a robust developer portal for bank balances and transactions at scale. Enterprise Treasury Cloud is designed for enterprise business systems or IT teams to drive digital transformation and automate backend support for accounting, finance and treasury teams internally.
The new Platform follows a year-long development effort and successful pilot with the treasury and business systems (IT) teams of global payments leader, Square.
Trovata CTO, Joseph Drambarean, commented:
“As wholesale banking APIs have become increasingly available, large enterprise companies are having to step up to significant challenges in integrating and driving automation and internal data platform capabilities across their ecosystem of services. With our new Enterprise Treasury Cloud, Trovata brings to life banking data from a complex network of global institutions into a common language providing resilience, scalability, and extensibility.”
Trovata’s new Treasury Cloud provides a treasury reconciliation module with automated reporting and alerts, analytics and real-time processing, large volume data searching and indexing, and expansive metadata. It also comes with a manifest API and infrastructure that monitors the data environment for synchronisation issues with their internal databases.
Trovata’s new Enterprise Treasury Cloud provides a treasury reconciliation module with automated reporting and alerts, analytics and real-time processing, large volume data searching and indexing, and expansive metadata. Along with manifest API and infrastructure that monitors the data environment for synchronization issues with their internal databases.
IT organizations can fast track data transformation initiatives by leveraging pre-built integrations with existing tools in their finance ecosystem built on custom data mapping provided by Trovata. Engineers can leverage the developer experience to register applications with the Trovata Platform, entitle data access to specific accounts for each application, entitle API access to specific APIs for each application, review API documentation, and utilize code gen tools for rapid onboarding.
Hello my friend! I wish to say that this post is amazing, nice written and include almost all significant infos. I?d like to see more posts like this.