They orchestrate the party (transaction), ensuring everyone's on the same wavelength and the confetti falls at the perfect moment. Party Planner Extraordinaire: Ever thrown a stress-free shindig? That's what it's like when you have a transaction coordinator.

Peace Ambassador: Remember those nail-biting moments of uncertainty? No more! Your coordinator acts as a buffer between you and chaos, soothing frayed nerves and keeping the vibes positive throughout the process.ĥ. Your transaction coordinator keeps everything in check, creating a chill space where nothing gets lost in the void.Ĥ. Zen Master of Organization: Say goodbye to the Bermuda Triangle of misplaced documents and unanswered messages. They're the time-turner pros who take care of the endless emails, calls, and appointments, letting you focus on what you do best.ģ. Time Traveler Extraordinaire: With a transaction coordinator, you magically gain more hours in your day. They’re like your GPS navigating through the forms and deadlines, ensuring everything stays shipshape.Ģ. Smooth Sailing Transactions: Picture this – you're cruising on a calm sea of paperwork, while your transaction coordinator handles all the nitty-gritty details. And it goes without saying that this tool should tick every box for ensuring complete compliance with AML regulations.1. The trick is to use a transaction profiling tool that allows you to not only gather enough information at the outset, but to turn the data generated into clear and useful insights via the use of dashboards and reporting. Understanding your clients also provides for a more personalised customers service experience, and a happy client is one who stays, meaning you can forge stronger, more profitable and more sustainable relationships. That means you can offer additional products and services in a more targeted way, giving a much better chance of increasing revenue.Īfter all, a change in transaction behaviour may not always point to wrong-doing, but could be an opportunity to broaden the scope of your relationship. By setting up detailed profiles and monitoring the transaction flow from those profiles you have an opportunity to generate data that can be used to build up a picture of both individual clients and that of your whole client base. And those commercial advantages we promised? From there it can be resolved or escalated, everybody’s happy. The minute there’s a potential issue you know about it. By setting parameters around transaction amounts, frequency and counterparties, identifying anomalies becomes a cinch.

Simply put, a transaction profile is just an easy way of knowing how much money is going where, when and to whom.

Moving on then, let’s look at the benefits of transaction profiling. And in fact, we see many commercial advantages resulting from tightening regulation.īut to keep it balanced, let’s look first at the downside of what is essentially knowing your clients better. By preparing a transaction profile in this way institutions can sufficiently monitor transactions conducted throughout the duration of the relationship to. We don’t think that needs to be the case at all. Increased regulation has certainly meant a parallel increase in administration and closer monitoring, something which might give a sense of greater complexity and a slow-down in actually getting business done. CitiManager Transaction Management User Guide Overview and Getting Started Overview and Getting Started Description CitiManager Transaction Management (Transaction Management) is a feature rich environment designed to align with your financial system and support transaction allocation, statement approvals and data delivery. Transaction profiling: just another bit of admin or an important financial tool?

Profile transaction management