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Montran’s ILM Solution Wins Most Innovative Fintech Award

June 20, 2024

Montran’s Revolutionary Intraday Liquidity Management (ILM) Solution Wins Most Innovative Fintech Award

NEW YORK – June 20 2024 – Montran’s groundbreaking ILM solution was awarded ‘Most Innovative Fintech’ at the prestigious BFSI Leadership Awards for its innovative approach to transforming corporate liquidity management.

The pioneering ILM solution strategically externalizes balance management for corporate accounts, significantly easing the burden on core banking systems and ensuring seamless, efficient payment processing. By leveraging distributed database technologies, Montran’s solution actively manages balance limits and payment disbursement across various payment rails with an active-active multi-node deployment model that enables quick and seamless limit checking and payment functionality.

“We are honored to be recognized by the BFSI Leadership Awards for our innovative ILM solution,” said Sanford Faden, Montran Co-Founder. “This award is a testament to Montran’s long-term commitment to resolving our clients’ real-world concerns. Our ILM solution truly revolutionizes how banks can optimize liquidity management and payment processing for their corporate customers.”

The BFSI Leadership Awards celebrate the most disruptive and transformative fintech solutions across the banking, financial services and insurance sectors. As the winner in the ‘Most Innovative Fintech’ category, Montran’s ILM solution was selected from many submissions for its pioneering approach to streamlining liquidity management and enabling straight-through payment processing.

Montran’s award-winning ILM solution is already being deployed by leading banks to optimize liquidity management, reduce reconciliation weights, and enable frictionless payment processing for their corporate customers.

For more information on Montran’s Intraday Liquidity Management solution, contact us here https://www.montran.com/contact-us/

About Montran

Montran is the leading provider of Payment and Securities Market Infrastructure solutions, servicing the world’s foremost financial institutions with mission critical installations and operations in over 80 countries. Discover more at www.montran.com.

For Media Inquiries

Veronica Alvaro

Montran

valvaro@montran.com

 

SOURCE Montran

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