Anvin Infosystems improves customer efficiency by integrating HSBC’s API – The Peninsula

Anvin Infosystems improves customer efficiency by integrating HSBC’s API – The Peninsula

Anvin Infosystems through their AdlER software facilitated a full suite Corporate and Treasury integration with HSBC’s Corporate and Treasury API for a complete automated digital experience for their client Dyarco, as an industry first. The automation includes real-time account balances, bank statements, payment initiations and payment status enquiries.

With the integrated solution the Corporate and Treasury API has allowed Dyarco to make prompt treasury decisions by leveraging real-time visibility of account balances and seamless flow of transactions. This also offer improved security and efficiency, enabled by transitioning from a paper-based framework to an automated payment proposition, including processing, query handling, instant payment status updates and automated reconciliation. This leads to elimination of human errors, manpower cost saving, while the solution itself is simple and secure. Dyarco’s own vendors also enjoy an improved experience with the reduction in the payment processing cycle

Dileep Balakrishnan, CEO of Anvin Infosystems said: “We have been focussing on improving the work efficiency of our customers through digital transformation with process automation, and the latest integration with the Corporate and Treasury API is a major milestone in this journey. We are committed to transforming the conventional businesses to intelligent enterprises and are excited to partner with HSBC on