Electronic Money Movement

Automate the Money Transfer Process to Generate New Revenue and Improve Customer Satisfaction

Scivantage Electronic Money Movement is a real-time, account funding solution that automates the funds transfer process between bank and brokerage accounts. Offering a single point of access for multiple transfer options, Electronic Money Movement empowers online customers and financial advisors to efficiently manage cash balances, and enables them to electronically move fundsfrom any account, to any account, at any time.

Utilizing our proprietary transaction engine, Scivantage provides an integrated funding solution that simplifies and automates the movement of money between accounts. With support for on-demand, recurring or periodic transfers, this powerful application offers comprehensive money movement options, including Automated Clearing House (ACH), transfers, wires and check requests.

Scivantage Electronic Money Movement employs an integrated decision support and workflow system to ensure proper information is validated automatically based on the type of funding request. Leveraging Scivantage’s proprietary Rules Engine, this application ensures that fund requests can be automated and reviewed based on a firm’s specific business requirements; mitigating risk throughout the process and virtually eliminating manual review requests.

When combined with Scivantage's Account Opening & Maintenance application, Scivantage Electronic Money Movement makes it easy to grow online relationships and improves the likelihood that new accounts will be funded.

Key Advantages
  • Comprehensive money movement options: ACH, transfers, wires, check requests
  • Supports on-demand, recurring or periodic transfers
  • Instant account and identity verification to reduce the risk of fraud or identity theft
  • Full workflow system with complete audit trail to better monitor exceptions and manage overall relationship
  • Compatible with all major and proprietary back office systems, with out-of-the-box integration to Thomson Reuters Beta Systems, Broadridge, Pershing and National Financial

Scivantage Account Opening & Maintenance is available as part of

Scivantage Investor

Scivantage Professional

Data Sheets

For More Information

For more information or to schedule a web demo, contact us today.