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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.

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