Structured Finance 2019

Day-to-day handling of bank accounts is a time-consuming and labour-intensive. In most cases, there is no standardized process for opening and closing accounts or changing mandates. The KYC requirements imposed by banks are particularly demanding: it is expected that the identity and legitimacy of all customers and business partners with be thoroughly checked. Find out from our experts at Structured Finance 2019 (27 -28 November) how you can digitise these tasks and automate the validation process. This not only enables you to comply with all legal requirements, but also reduces manual activities in this area to a minimum.

Omikron was providing the following workshop as part of the programme:

Thursday 28.11.2019, 9:45 – 10:45

Digital Treasury 4.0: eBAM and KYC in practice – Experiences of an Early Bird

Complex, paper-based, inefficient: Managing bank accounts is a real torture for many treasury departments – not least due to the banks' escalating KYC requirements. Now, however, digitalization is coming to bank account management. The utilities provider E.ON SE has succeeded in turning this concept into reality with the first banks. This workshop will show how digital account management works in practice and what advantages the E.ON SE Treasury achieves as a result.

Speaker :
Jens Otto, Leiter Financial Settlement, E.ON SE
Torsten Spieker, Head of Business Process Management for Treasury Systems, E.ON SE
Gregor Opgen-Rhein, Senior Sales Consultant, Omikron Systemhaus

The "MultiCash Bank Relationship Management Suite" delivery extensive automation for opening accounts and changing mandate, with full KYC included. It can also be used to perform all necessary internal checks and store all necessary information and documents centrally. In addition to the applications for eBAM and KYC, the suite also includes innovative solutions for bank service billing, bank statistics and sanctions screening. This enables corporates to digitize transaction banking processes and optimize banking relationships.

Our experts were happy to answer your questions about digitizing your treasury.

Location :
ICS Internationales Congress Center, Stuttgart

Download Programme folder 

Link to the homepage of the event