Wire Transfer System
The ACCORD® Funds Transfer System (FTS) permits a financial institution to offer a comprehensive range of wire transfer services to its clients through automated processing of payments using the Federal Reserve Bank's FedWire Payment System. FTS is designed to be easy to use, improve customer service, and increase productivity as well profitability. In addition, it can reduce liability by making regulatory compliance more manageable and lowering exposure to operator errors. Additionally, its comprehensive security system enhances the overall wire processing operation.
ACCORD® FTS is a modular and scaleable system. It can be configured to handle anything from a few hundred FedWire transactions to many thousands per day. Using standard platforms, products and components, it provides a resilient and flexible system that can be implemented in a phased manner to provide a cost-effective fund transfer solution.
FTS is designed to be easy to use, improve customer service, and increase productivity as well as profitability.