What We Do

 

We clear funds faster and more efficiently no matter where you are. With over 2 million financial institutions around the world, not every bank or financial institution has the ability to partner with each other. SourceHOV’s interbank settlement solution bridges this gap to clear funds and present the associated data in all currencies, at any time, all over the globe.

Key Features

 

Messaging

  • Individual Message Types (MT) for secure payments and cash management transmissions
  • Standard and customised short descriptions available

Global Reach

  • Cloud-based, fast, and efficient funds transfer
  • Validate and deliver payments safely and quickly

International Standard

  • Standards that support transaction for clearing, payments, treasury, and trade
  • We work directly with the ISO standardisation body and common payment forums

Securities Settlement

  • Secure financial reconciliation
  • Common SLAs and market practices
  • Settlement operations and liquidity needs are configured by settlement type

Reporting

  • Customised dashboards for real-time information
  • Tailored forecasting tools

Compliance

  • Internal controls strengthen governance with oversight norms maintained

Learn More

 
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