Enabling correspondent banking partnerships, one transaction at a time
Banks, financial institutions and other payment/financial service providers often struggle to establish smooth and transparent relationships due to time-consuming manual processing and complex transaction chains.
Because banks are unable to easily and accurately assess transaction risks, relationships are traditionally based on trust. This results in missed opportunities for profitable business relationships with new partners. Until now.
TenureX is an innovative platform that eliminates the constraints of bilateral, relationship-based banking. With TenureX, financial counterparties can cooperate seamlessly and confidently, one transaction at a time.
Transforming the correspondent banking experience
TenureX enables banks and all types of financial institutions to build and streamline their relationships with current and future banking partners. This is done using an innovative, reliable and controlled network and a data-first approach.
The platform provides enriched objective information about wire transfers, enabling structured execution based on pre-agreed compliance and risk rule setting between banks and their partners.
Benefits of the TenureX platform
Unified, objective data view
Reduced internal frictions and costs
Straightforward digital processes
Fast setup thanks to simple API integration
Data driven decision making
An X-Ray view of each transfer before exposure
Enriched data about each involved party
An external, scalable framework that helps filter out noise
Access to new volumes, relationships, and partners
Improved offering for banks
Reduced time to market for setting up clearing accounts
Improved customer retention and experience