Optimize workflow efficiency
Streamline the settlement process with AutoPay for greater efficiency. Clients using AutoPay have reported saving up to 45 minutes per trade.
Generate a secure wire request to a bank. From the same trade ticket, trade information can be sent to the treasury management system (TMS), custodian bank, clearing bank and/or fund companies, while updating balances in ICD Portal and Transparency Plus® exposure analytics.
Eliminate wire delays
AutoPay solves the problem of failed or delayed settlements that can occur when sending a wire manually or from a TMS. Automation eliminates the worry about delays, mistakes, or unexecuted wires. Using AutoPay, treasury can trade and settle all at once.
Eliminate wire delays
AutoPay solves the problem of failed or delayed settlements that can occur when sending a wire manually or from a TMS. Automation eliminates the worry about delays, mistakes, or unexecuted wires. Using AutoPay, treasury can trade and settle all at once.
Reduce human error
Errors from manual entry can wreak havoc. Eliminate manual entry of transaction details to the custodian along with the potential risks associated with entering incorrect information.
Reduce human error
Errors from manual entry can wreak havoc. Eliminate manual entry of transaction details to the custodian along with the potential risks associated with entering incorrect information.
“ ICD collaborated with Cisco throughout the entire AutoPay development process. We needed an automated payment methodology for our treasury department and ICD delivered a comprehensive and innovative solution that improved our efficiency while reducing our trade settlement risk."
AutoPay
Cisco Systems Honored with Treasury Management Award using ICD AutoPay Technology • ICD Awarded Patents for AutoPay Technology
Cisco Systems Honored with Treasury Management Award using ICD AutoPay Technology ICD Awarded Patents for AutoPay Technology … More
Adam Smith Awards Cisco: Best Fintech Solution
Cisco hails novel automated solution for unsecured manual settlement processes The Challenge As a treasury … More
ICD Releases AutoPay™ Settlement Process
ICD Releases Transparency Plus® 5.0 With Repo Classification Breakdown, Repo Sponsor Aggregation Analytics and Enhanced … More