What We Do

 

Clearing funds faster and more efficiently no matter where you are.
With over 20,000 financial institutions in the United States and almost 2 million 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 customized 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 standardization body and common payment forums 

Compliance

  • Internal controls strengthen governance with oversight norms maintained

Reporting

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

Securities Settlement

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

Learn More

 
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