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Cashfac announces real-time data analytics platform

Cashfac Technologies, based in the UK, Singapore and Australia, has launched a service called Cashfac Analytics, which provides a real-time data analysis and reporting module. The module provides analysis of data related to specific bank and corporate cash management functions.

According to the company, the service delivers greater understanding of cash operations through enhanced data visualisation, analytics and reporting capabilities. Tim Martin, Cashfac's product manager, describes the service as: “another useful tool” for corporates... “to help them achieve a 360-degree view of their cash operations.”

The company's press statement says that the product addresses the increasingly complex nature of managing operational cash, including reconciliation of monetary flows, understanding intraday dynamic cash positions and the impact of specific cash movements on the corporate balance sheet. It also enables users to tailor their own reports, while dashboards are provided for corporate and bank users.

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