Virtual Banking (Baas) in United Kingdom

Cumulus Technology Limited

Virtual Banking (Baas), United Kingdom

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Overview of Cumulus Technology Limited


BaaS for client cash mgmt. provides you your own banking solution full AML/KYC facilities built in. Multi-currency and can report in to a single currency. Full security comes as standard with the offering including its own Intra-net messaging system. Can be offered as a hosted and managed solution enabling our customers to swiftly have the system installed at their office/clients with little or no impact on their IT. STP ensuring funds are segregated and payments are automatically generated and reconciled. Reduce costs by cutting down on administration, overheads and operating costs. Alerts and emails generated automatically if reqd. Single screen/single step processing of payments, receipts and accounting. Matching of receipts on client references. Multiple signatories as business dictates No capital outlay other than installation, hosting fees. Full reporting capabilities, deductions for tax and regulatory reporting. Low carbon footprint

Category of expertise: United Kingdom: International Banking , Payment Solutions, Private Equity, Trade Finance
Primary location: United Kingdom




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Virtual Banking (Baas):United Kingdom

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