Fundtech and Open Solutions say they are now offering electronic bank account management (eBAM) over the SWIFT network. The technology allows users of Open Solutions’ browser-based electronic bank account management platform, Weiland BAWeb, to exchange eBAM messages with their banks securely through SWIFT. It will automate opening and closing accounts, managing signatories and obtaining account information. Open Solutions says the product will allow clients to close the audit gap between their company’s records and the bank’s.
Longview Solutions says it has created an enhanced version of its enterprise software to simplify the way companies collect tax data. The tax-provisioning software, Longview Tax, provides automatic roll-up of consolidated data and pre-built standard reports and integrates into Microsoft Office and SharePoint. It aggregates and analyzes high volumes of data and has dynamic reporting, foreign currency translation and web data collection.