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Correspondent Solutions

Correspondent Solutions

Correspondent financial institutions have special processing needs that may not be met by traditional banking systems. 

ProfitStars Correspondent Solutions help these institutions increase efficiency and reduce costs with:

  • the conversion of manual transactions to electronic
  • full integration with external systems for file and data movement
  • security and infrastructure for operating a web-based service for financial transactions
  • the ability to sell additional services to downstream respondent institutions
  • streamlined clearing through the Federal Reserve
OnNet
Centralized, web-based management for payments, settlement, clearing, electronic data workflow and communications between correspondent and respondent institutions and other endpoints.

OnX
Web-based image exchange solution for correspondent banks and other financial institutions with respondent customers, that allows interchange of image cash letters.