Take control of your agent bank costs with BCS Arc™
What is BCS Arc?
BCS Arc ™ is an enterprise-strength web application that provides instant visibility over your agent bank network, helps you manage and monitor the invoice reconciliation process and identify and eliminate charging discrepancies. The system stores details on all your entities, markets, agent banks, accounts and fee schedules, as well as providing comprehensive management information reporting on all aspects of your sub-custodian network, along with powerful 'What if?' scenario modeling and analysis.
How can BCS Arc help your business to thrive?
BCS Arc is a cutting edge, powerful application that can deliver significant advantages to your organisation's Network Management function. BCS Arc™ is not only quick and easy to deploy, with a low cost of ownership, but can also comfortably meet the needs of complex, global, volume-intensive businesses. Key advantages include providing:
• A single 'Golden Source' global data repository to store and manage your agent bank network - including contacts, contracts, accounts and fee schedules
• Reconciliation of agent invoices with Synthetic Invoices™ generated from your transactional data and fee schedules.
• Multiple-level tolerances to identify, classify and appropriately manage discrepancies and errors in invoicing.
• Instant access to Management Information Reporting on all aspects of your agent network, to help manage your sub-custodian relationships.
• Scenario modeling and analysis - take the guesswork out of renegotiations and prove your cost savings.
• Cost reductions through improved control processes and better use of resources.
To find out how BCS Arc has helped businesses take control of their agent bank network take a look at a BCS Arc case study.