Electra was acquired by Gresham Technologies, the leading software and services company specialising in solutions for data integrity and control, banking integration, payments and cash management, in June 2021.
Statements and payments are basic tools of the financial trade. Why is it then that knowing what your cash and asset positions are is so hard?
More financial institutions are modernising their systems to offer banking-as-a-service solutions, currency exchange, sanction checks, PSD2 compliant payment platforms, and others. Although APIs exist, the ability to convert, validate, enrich and authorise information and functionalities between them is highly complex.
Whether you are a multinational corporation grappling with multiple banking relationships and systems, or a bank wanting to accept and work with your clients’ cash and payments data, we remove the needless complexity and frustration from statements and payments, allowing you to focus on value-adding tasks that go beyond the basics.
Connect for payments is a complete managed service for message transformation, multi-banking, cash, and payments. Effortlessly simplifying the multitude of connectivity and message formats you have to navigate, it takes the pressure off your IT teams, reduces cost and resource deployment, and enables powerful automation in cash management and payments.
Providing all the necessary integration to interact with external systems, we monitor message flow and disparate functions for blocked instructions, and standardise and deliver alerts to appropriate recipients.
With years of experience implementing interfaces for banks of all sizes across the globe, we bring specialist, domain specific knowledge of the most granular details, advising on additional local requirements and specialist needs.
This also means that we work in weeks, not months, and collaborate with you to give you the connectivity you need, when and where you need it.
Client transactions converted and validated in just 93 seconds
Ready-to-go bank connectors
Customers in 20 countries across the globe
Our out-of-the-box banking interfaces simplify payments, while our fully managed service alleviates resource deployment and pressure on your internal IT teams.
Instruction controls, bank status reports, and intraday/end-of-day statements on positions and transactions, give you full visibility of your payments.
Available as standalone domain-specific deployments, or as part of our applications packages that enable you to connect, reconcile and control your data end to end, or as a fully managed service.
Get fast, simple connectivity and message transformation for banks and corporates alike with our out-of-the-box banking interfaces for payments and cash statements, security orders and statements, FX confirmations, and trade finance.
Connect with 80+ banks as well as custom formats, validations, enrichments, and bank-specific items you require.
Get full visibility of your statements and payments with instruction control and added detail for each step of the processing lifecycle, including status reports from banks.
Centralise authorisations and gain control over your corporate payment or security instructions using complex rules.
See the latest positions and related transactions executed with end-of-day or intraday statements.