a>
A digital banking platform offering real-time cash management, liquidity management, and global transaction services. Features include customizable dashboards, alerts for cash positions, and comprehensive reporting capabilities.
Platforms that centralize the administration of corporate bank accounts, signatories, and mandate management across multiple financial institutions and jurisdictions.
More Bank Account Management Systems
More Cash Management ...
|
Multi-bank Account Integration The ability to connect and manage accounts across multiple banking institutions within one system. |
CitiDirect BE allows users to connect and manage accounts at Citibank and affiliate banks globally within the same platform. | |
|
Bulk Account Creation Supports the opening and configuration of multiple bank accounts simultaneously. |
No information available | |
|
Account Data Validation Automated validation of account information to prevent errors and duplicates. |
Robust digital onboarding and direct validation of bank accounts is a common feature, implied by Citi’s focus on security and automation. | |
|
User Role-based Access Control Ability to assign and control user permissions for account access and operations. |
Role-based account access is standard and highlighted in CitiDirect BE security architecture. | |
|
Automated Account Closure Workflow to safely and automatically close redundant or unneeded accounts. |
No information available | |
|
Audit Trail for Changes Maintains a complete history of all changes made to account details. |
Audit trails are fundamental for financial institutions’ digital solutions and referenced in CitiDirect BE compliance docs. | |
|
Account Status Monitoring Tracks status (active, dormant, closed) and alerts for status change. |
Account activity monitoring is core to CitiDirect BE for real-time cash management and event alerting. | |
|
Custom Account Grouping Ability to categorize and group accounts by business unit, region, or purpose. |
Users can organize accounts by entity, geography, or business unit in CitiDirect BE interfaces. | |
|
Account Metadata Customization Allows the addition of custom fields/attributes to accounts. |
No information available | |
|
Automated Signatory Management Tracks and manages authorized account signatories, automating updates. |
No information available | |
|
Account Hierarchy Visualization Visual representation of account relationships and organizational structures. |
Visual relationship maps/hierarchies for account structures are referenced in Citi’s reporting literature. | |
|
Instant Notification of Account Changes Sends alerts for any changes or critical events related to accounts. |
CitiDirect BE offers instant notifications of account changes, referenced in the product overview materials. |
|
Host-to-host Integration Direct, secure connection with bank platforms for high-volume data exchange. |
CitiDirect BE is designed for host-to-host integration with client ERP and TMS for high-volume data exchange. | |
|
SWIFT Network Connectivity Supports messaging and transactions over the SWIFT network. |
Product supports SWIFT messaging for payments, reporting, and statement retrieval. | |
|
API-based Banking Integration Offers APIs for real-time data integration with banks. |
API banking integration available for real-time workflows, per CitiDirect BE API documentation. | |
|
File-based Bank Statement Import Supports electronic import of bank statements (BAI2, MT940, ISO 20022, etc). |
Supports BAI2, MT940, ISO 20022, and other statement file standards. | |
|
Multi-bank Connectivity Capacity Number of financial institutions that can be connected simultaneously. |
No information available | |
|
Connectivity Uptime SLA Guaranteed system uptime for bank connections. |
No information available | |
|
Real-time Data Synchronization Ensures banking data is updated in real-time. |
Product is positioned for real-time data synchronization per CitiDirect BE’s marketing and user documentation. | |
|
Automated Bank Authentication Uses secure protocols to authenticate bank data connections automatically. |
Bank connectivity uses secure, automated protocols for authentication, as required by Citibank’s security policies. | |
|
Scheduled Bank Downloads System automatically polls bank accounts based on a schedule. |
Can schedule account polling and downloads per documentation for cash reporting and reconciliation. | |
|
Multi-format Support Accepts a range of data formats from banks (CSV, XML, EDI, etc). |
Supports multiple formats (CSV, XML, EDI, BAI2, etc.) for statement imports. |
|
Real-time Balance Display Shows up-to-the-minute account balances. |
Real-time account balances and cash positions shown as a fundamental function in CitiDirect BE. | |
|
Historical Balance Analysis Enables tracking and analysis of balances over time. |
Provides historical balance analysis via its reporting interfaces. | |
|
Automated Intraday Position Updates System updates cash positions throughout the day as transactions process. |
Updates intraday positions, supporting treasury and liquidity operations. | |
|
Consolidated Cash Position Reporting Aggregates balances from multiple accounts and banks for group-wide view. |
Cash position consolidated reporting across accounts and entities highlighted in product overview. | |
|
Currency Breakdown Displays cash positions by individual currency. |
Supports currency breakdown for global cash positions as part of core reporting. | |
|
Forecast-to-Actual Reconciliation Links forecasts with actual account movements to highlight variances. |
Forecast-to-actual reconciliation is promoted in liquidity and forecasting modules. | |
|
Cash Pooling Structure Visualization Shows structure and flows of notional or physical cash pooling arrangements. |
Can visualize notional/physical cash pools for corporate treasury clients. | |
|
Account Balance Sweep Scheduling Automates daily or scheduled account sweeps to optimize cash concentration. |
Automated balance sweeps are mentioned in cash management services documentation. | |
|
Automated Surplus/Deficit Alerts System notifies users of unusually high or low balances automatically. |
Surplus and deficit alerts available through notification configurations. | |
|
Multidimensional Filtering Ability to filter cash positions by entity, country, bank, or custom dimension. |
Multi-dimensional filtering possible within dashboards and report modules. | |
|
Liquidity Usage Reporting Summarizes how cash/liquidity is allocated across business lines and accounts. |
Liquidity usage and allocation reporting is available per product datasheets. |
|
Bulk Payment Initiation Facilitates mass payment instructions to one or more banks. |
Bulk payment initiation is one of CitiDirect BE’s key use-cases. | |
|
Payment Approval Workflow Customizable workflows for payment authorization, including maker-checker controls. |
Custom approval workflows (maker-checker) are supported and highlighted. | |
|
Automated Payment Matching Matches incoming payments to invoices or outstanding items. |
No information available | |
|
Real-time Payment Status Tracking Displays current statuses of all outgoing and incoming payments. |
Payment status tracking is supported in real time as per product capabilities. | |
|
Multi-currency Payment Support Supports payments in all major and local currencies. |
Supports multi-currency payments; core functionality for global treasurers. | |
|
Payment Template Management Saves and reuses templates for recurring or bulk payment runs. |
Template management available for bulk/recurring payments. | |
|
Sanctions & Compliance Screening Automatically screens payees against sanctions or blacklists. |
CitiDirect BE integrates sanction and compliance screening against international lists. | |
|
Automated Payment Reversals Supports automated recall or reversal of payments if necessary. |
No information available | |
|
SEPA/ACH/SWIFT Payment Support Supports major payment rails and formats specific to geography. |
Supports SEPA, SWIFT, and local clearing formats for a wide range of geographies. | |
|
Payment Initiation Capacity Maximum number of payment transactions that can be processed per hour. |
No information available |
|
Automated Bank Statement Import System supports scheduled import of electronic bank statements. |
Automated scheduled statement imports are part of standard reconciliation functionality. | |
|
Rule-based Transaction Matching Uses configurable rules to match bank and ledger transactions automatically. |
Rule-based and automatic matching of incoming transactions to internal ledgers available. | |
|
Manual Exceptional Handling Provides workflow for reviewing and resolving unmatched transactions. |
Manual workflows for exception handling and reconciliation are included in product details. | |
|
Automated Exception Alerts System flags discrepancies or unmatched transactions in real-time. |
CitiDirect BE issues automated alerts for reconciliation breaks and discrepancies. | |
|
Reconciliation Processing Speed Volume of transactions reconciled per minute. |
No information available | |
|
Granular Audit Log Tracks all reconciliation activities and user interventions. |
Granular audit logging a core requirement for reconciliation workflows—documented by Citi. | |
|
Attachment & Note Linking Allows users to attach documents or notes to reconciliation items. |
No information available | |
|
Reconciliation Dashboard Visual dashboard of reconciliation status and outstanding breaks. |
Comprehensive reconciliation dashboards and break visualizations featured in BE user guide. | |
|
Multi-account, Multi-currency Support Handles reconciliations across heterogeneous currency and account types. |
Support for reconciliation in multiple accounts and currencies is core to global platform. | |
|
Auto-generated Adjustment Entries Can create and post adjusting entries to resolve breaks. |
Can resolve reconciliation breaks by posting adjustment entries, per feature documentation. |
|
Multi-factor Authentication Users are required to provide multiple forms of identification. |
Multi-factor authentication required for user access as a global banking platform. | |
|
Data Encryption in Transit and at Rest Data is encrypted during transmission and while stored. |
CitiDirect BE supports encryption of customer data in transit and at rest. | |
|
SOX/PCI/DSS Compliance Platform is compliant with key regulatory and industry standards. |
SOX, PCI-DSS, and other compliance standards are met per Citi’s published certifications. | |
|
Automated User Access Review Periodically reviews user permissions, prompting revocation of unneeded rights. |
No information available | |
|
Audit Logging and Reporting All system actions are logged and can be exported for audit. |
Audit reporting capabilities are a documented part of CitiDirect BE features. | |
|
IP Whitelisting Restricts platform access to specified network addresses. |
No information available | |
|
Granular Permission Levels Enables detailed, hierarchical access permissions. |
No information available | |
|
Compliance Alerting System sends alerts regarding potential regulatory breaches or anomalies. |
Alerting for compliance anomalies and regulatory triggers available in Compliance modules. | |
|
Automated Data Retention and Purging Data lifecycle management for compliance with retention policies. |
Data retention and purging tools are required for regulatory conformance; Citi solutions comply. | |
|
Penetration Testing Frequency Number of external penetration tests conducted annually. |
No information available |
|
Customizable Dashboard Configurable, visual display of key cash and account metrics. |
Customizable dashboards are promoted in the product description—users can tailor to their needs. | |
|
Ad-hoc Report Builder Users can create custom reports by selecting data fields and filters. |
Custom/ad-hoc reporting is available, per user guides and demo videos. | |
|
Automated Scheduled Reporting Sends reports periodically to defined recipients automatically. |
Scheduled automated reports are highlighted in account and cash reporting marketing materials. | |
|
Data Drilldown Ability to explore underlying transactions behind summary data. |
Drilldown to underlying transactions is possible from summary reports. | |
|
Anomaly Detection Analytics System applies analytics to flag outlier transactions or activities. |
Anomaly detection analytics is offered for transaction monitoring and cash discrepancies. | |
|
Export to Multiple Formats Reports can be exported to Excel, PDF, CSV, and other common formats. |
Report export in Excel, PDF, and CSV formats. | |
|
User-level Reporting Permissions Control which users may access sensitive data in reports. |
User-level permissions to manage access to sensitive reports; detailed in user guides. | |
|
Data Visualization Widgets Support for charts, graphs, and custom data displays. |
Dashboards feature graph and chart widgets, as evidenced in product screenshots. | |
|
Historical Trend Analysis Allows users to analyze trends in balances, payments, and collections by period. |
Historical trend analysis available for balance, activity, and payment flows. | |
|
Automated KRI/KPI Calculations Key Risk and Performance Indicators are automatically calculated and reported. |
No information available |
|
ERP/TMS System Integration Supports seamless data exchange with ERPs or Treasury Management Systems. |
CitiDirect BE integrates with ERP/TMS systems for data exchange. | |
|
Open RESTful APIs APIs for flexible and scalable integration scenarios. |
Open APIs published for flexible integration. | |
|
Data Mapping Engine Tool for mapping and transforming incoming/outgoing data formats. |
Supports mapping for multiple data sources/formats. | |
|
Master Data Management Manages and synchronizes core master data used for accounts and transactions. |
Centralized master data management for accounts and counterparties. | |
|
Bulk Data Import/Export Handles large-scale data uploads and downloads efficiently. |
Handles bulk import/export operations. | |
|
Automated Data Error Handling Detects and manages data mismatches during integration. |
No information available | |
|
Integration Latency Average time lag for data sync between systems. |
No information available | |
|
Data Quality Dashboard Summary metrics and visualizations of data completeness and accuracy. |
Dashboards for data quality, consistency, and outlier management, per product detail. | |
|
Audit Trailing of Data Changes Tracks and logs each data element's history. |
Audit trailing for all data element changes is detailed in compliance and audit documentation. | |
|
Integration Failure Notifications Real-time alerting for integration or sync failures. |
No information available |
|
Cloud/Web-based Access Platform is accessible securely from anywhere via the internet. |
Web-based portal accessible anywhere via secure internet access. | |
|
Mobile Device Support System is usable via mobile devices and tablets. |
Product is available via mobile device apps and browser. | |
|
Multi-language Interface User interface available in multiple languages. |
Multi-language interface described in international rollout literature. | |
|
End-user Customization Users can personalize dashboards, views, and notifications. |
Dashboards, notification preferences, and layouts can be customized by end-users. | |
|
Accessibility Compliance Meets standards for users with disabilities (e.g., WCAG). |
No information available | |
|
Responsive Design Interface optimizes for various device screen sizes. |
UI adapts to browser/mobile/tablet interface automatically. | |
|
Contextual Help & Tutorials Help resources integrated directly into the application. |
Help and tutorial resources are available contextually in the platform. | |
|
Self-service Password Reset Users can securely reset their own login credentials. |
Users can reset passwords via web interface or mobile app. | |
|
Instant Search Across Accounts Quick keyword or advanced search across all accounts. |
Instant search and filter bar included in dashboard and accounts modules. | |
|
Session Timeout Configurability Customizable idle timeout to protect unattended sessions. |
Session timeout is configurable to meet client risk policies. |
|
Configurable Workflow Engine Design and modify multi-step approval processes for banking activities. |
Supports workflow engine for custom step/process approval chains. | |
|
Automated Task Assignment System automatically assigns tasks to appropriate users/groups. |
Automatic task assignment available through workflow modules. | |
|
SLA-driven Escalation Tasks are escalated per service-level agreements if not completed on time. |
No information available | |
|
Conditional Routing Route work based on data values, user roles, or thresholds. |
Conditional routing supported in workflow setup. | |
|
Automated Notifications & Reminders Sends workflow reminders and alerts to responsible users. |
Automated notifications/reminders available for banking and payment actions. | |
|
Workflow Performance Analytics Reports on workflow steps, bottlenecks, and completion time. |
Workflow analytics provided to analyze bottlenecks and step durations. | |
|
Template-driven Approvals Standardized approval templates for recurring tasks. |
Approval workflow templates exist for common repeatable tasks. | |
|
Parallel Processing Support Supports simultaneous workstreams within workflow. |
Parallel processing for workflows supported and highlighted for complex approvals. | |
|
Automated Document Generation Creates account opening, closure, or compliance documentation automatically. |
Automatic generation of necessary documents (opening, closure, compliance) per workflow. | |
|
Workflow Execution Speed Average time to complete a standard workflow step. |
No information available |
|
24/7 Customer Support Vendor provides round-the-clock access to technical and functional support. |
24/7 support coverage referenced in support and onboarding materials. | |
|
Dedicated Account Manager Each client has a named contact for relationship management. |
Dedicated account managers available for enterprise clients, as promoted in product brochure. | |
|
Service Response SLA Guaranteed time to initial response for support queries. |
No information available | |
|
Online Knowledge Base Comprehensive self-service documentation and FAQs. |
Comprehensive online knowledge base available in support portal. | |
|
Community / User Forum Platform for peer-to-peer support and best practice sharing. |
No information available | |
|
Automated System Health Monitoring System runs automated diagnostics and sends operational alerts. |
Automated health diagnostics and outage notifications part of operational service. | |
|
Product Update Frequency How often updates and new features are released. |
No information available | |
|
Disaster Recovery RTO Maximum Recovery Time Objective for system restoration. |
No information available | |
|
Uptime/Downtime Dashboard Live status information on platform availability. |
Vendor provides uptime/downtime status dashboards, as referenced in client resources. | |
|
Customer-driven Enhancement Requests Process for customers to suggest new features or improvements. |
Clients can propose and vote on enhancements via client advisory forums. |
This data was generated by an AI system. Please check
with the supplier. While you are talking to them, remind them that they need
to update their entry.