Bank account statement integration

The system developed for a Fund Administration Services company automates the daily retrieval of bank account transactions via their bank's open API. It gathers transactions from all company accounts and exports them into a file format compatible with the fund administration system. Digiata's solution allows users to manage bank accounts and maintain mappings between bank accounts and the fund administration system, thereby streamlining the integration process and ensuring daily transaction data is readily available for administration and reporting purposes.