Accuity Updates Online Look-up Tools
Accuity has launched updates to its online look-up tools, The Global Banking Resource (TGBR) and IBAN Payment Resource. The new versions include data and search enhancements that are designed to enable users to improve their payment straight-through processing (STP) rates and research efficiency. To improve TGBR, new elements were added in version 7.2 such as daily updates for all information, extended history options for mergers and acquisitions, highlighted Fedwire and ACH correspondent information and SEPA Credit Transfer (SCT) codes. Local clearing codes for several countries including Afghanistan, China, Guatemala, Mongolia, Taiwan, Trinidad and Tobago, Turkey and Ukraine have also been added with this release. IBAN Payment Resource is Accuity’s IBAN look-up and verification application. The company has targetted the tool’s efficiency in version 2.1 by directly linking the SWIFT/BIC returned in look-up results to the detailed financial institution information available in TGBR. This gives subscribers with access to both products enhanced details regarding SEPA payment information, including SCT capability. Further enhancements include a link to Accuity’s data editors for updates on IBANs listed as valid as well as a Notes tool that allows users to place a note on a particular bank branch and save the information.