About Steadgate Software Solution Pvt. Ltd.
Steadgate Software Solution Pvt. Ltd. is a leading provider of digital banking solutions for banks and financial institutions worldwide. The company's flagship product, Finzly, is a comprehensive digital banking platform that enables banks to modernize and launch core-independent solutions like Instant Payments on RTP and FedNow, ACH, Wires, SWIFT on a Payment Hub, Commercial and Consumer Digital Account Opening, FX Solutions, Trade Finance and Interest Rate Swaps for Treasury Management.
With the rise of digitalization in the banking industry, it has become increasingly important for banks to offer their customers convenient and secure online banking services. Finzly provides banks with an all-in-one solution that allows them to quickly launch new products and services while also improving their existing offerings.
One of the key features of Finzly is its ability to support instant payments on RTP (Real-Time Payments) and FedNow. This means that customers can make real-time payments directly from their bank accounts without having to wait for funds to clear or go through intermediaries.
In addition to instant payments, Finzly also supports other payment types such as ACH (Automated Clearing House), wires, SWIFT (Society for Worldwide Interbank Financial Telecommunication) on a Payment Hub which makes it easier for banks to manage multiple payment channels from one central location.
Finzly also offers commercial and consumer digital account opening which simplifies the account opening process by allowing customers to open accounts online without having to visit a physical branch location. This feature not only saves time but also reduces costs associated with manual processing.
Another key feature of Finzly is its FX Solutions which helps banks manage foreign exchange transactions more efficiently by providing real-time rates updates across multiple currencies. This feature helps reduce risk associated with currency fluctuations while also improving customer experience by offering competitive rates.
Trade finance is another area where Steadgate Software Solution Pvt Ltd excels through its product -Finzly- as it offers trade finance solutions that help automate trade processes such as letters of credit issuance/receipts/confirmation/discrepancy handling etc., thereby reducing manual intervention & errors in trade finance operations
Finally yet importantly , Steadgate Software Solution Pvt Ltd's product -Finzly- provides interest rate swaps functionality which enables treasury management teams at Banks/FIs/Hedge Funds/Corporates etc.,to hedge against interest rate risks arising out of borrowing/lending activities.
Overall Steadgate Software Solution Pvt Ltd's product -Finzly- provides an end-to-end solution covering various aspects like Payments ,Account Opening ,FX Solutions ,Trade Finance & Treasury Management . It empowers Banks/FIs/Hedge Funds/Corporates etc.,to provide seamless customer experience while reducing operational costs & risks associated with traditional methods .
finzly.com
