ResourcesThe Rising Demand for Virtual Account Management (VAM) in 2018

The Rising Demand for Virtual Account Management (VAM) in 2018

This presentation looks at how banks’ and their corporate customers can mutually benefit from the use of Virtual Account Management (VAM) solutions.

Banks’ corporate customers have always sought to grasp greater operational control over their cash, their banking relationships and the banking services that they consume. Virtual Account Management (VAM) has historically been one mechanism that firms have used to do that. While Virtual Accounts were often technologically static and inflexible they have enabled corporates to operate internal and self-managed banking structures, albeit in a limited fashion.

Today, Virtual Accounts have been surpassed by a broader, more complete Virtual Bank Technology platform which harness advances in workflow integration, matching, analytics and real-time reporting with functionally rich Virtual Accounts to provide greater flexibility, customer self-service and a suite of integrated cash management applications.

This presentation explores how VAM is defined, evidences and explains the ever-increasing VAM demand and looks at the benefits Virtual Bank Technology can bring to both banks and their corporate customers.

Download your complimentary copy of this presentation for answers to the following:

  • What is Virtual Account Management (VAM)?
  • Why the increased VAM demand?
  • What’s in it for banks and their corporate customers?
  • What industries have benefitted and how?

 

Subscribe to get your daily business insights

Whitepapers & Resources

2021 Transaction Banking Services Survey
Banking

2021 Transaction Banking Services Survey

2y
CGI Transaction Banking Survey 2020

CGI Transaction Banking Survey 2020

4y
TIS Sanction Screening Survey Report
Payments

TIS Sanction Screening Survey Report

5y
Enhancing your strategic position: Digitalization in Treasury
Payments

Enhancing your strategic position: Digitalization in Treasury

5y
Netting: An Immersive Guide to Global Reconciliation

Netting: An Immersive Guide to Global Reconciliation

5y