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For financial institutions,
large and small, ABM network management results in administrative
headaches, like alert monitoring, incident management,
treasury management, settlement reconciliation, maintenance
contracts, and all the associated overhead, often requiring
several people to be employed to manage the day-to-day
operations. As well, significant capital is employed
to maintain this costly but necessary delivery channel.
Other than perhaps the major banks, no single institution
operates a sufficient number of ABMs to benefit from
the economies of scale potentially available from industry
vendors, such as the armoured carriers, switch providers,
equipment manufacturers and communications providers,
resulting in ABM networks being a costly overhead at
best.
Through economies of scale, and its state-of-the-art
switching, reporting, incident management and cash forecasting
systems, Threshold offers its clients the ability to
outsource some or all of its ABM network management,
benefiting from reduced costs and increased efficiency.
Via a secure web-based system, clients can see and monitor
the ABM network, performance reports and monitor problem
resolution, should they choose. Clients can completely
outsource their ABM and switching operations, without
losing management control. Threshold's solution is truly
turnkey; from new ABM deployment projects to assuming
management of an existing network, Threshold takes care
of all facets of your project.
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“I am pleased to tell you that our ABM
network has never been so efficiently and effectively managed and,
to our delight, the network is actually profitable. Our ABMs experience
less downtime, we have significantly less cash employed as a result
of the cash management services offered by Laser Cash, and we allocate
significantly less internal resources to the management of the network
than was previously the case.”
…All Trans Financial Services (TTC)
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