TenureX (Accelerator)

Company Description: Our mission: We enable creating and running smart, controlled, and transparent correspondent banking relationships between FI's. The challenge we solve: Banks and Financial Institutions want to process and execute more wire transfers between them; however, they cannot correctly and efficiently manage the risks associated with this partnership because of how wire transfers are processed. Our solution: TenureX is unbundling the existing relationships into its core unit: The Transfer. Then, reassembling these relationships back to look & function to the same methodologies the organizations have in place, providing a complete streamlined, controlled process without affecting the operations, compliance, and RBA. Our broad use cases offer: Enhanced Onboarding process – we do 80% of the heavy lifting and leave you with the actual work of assessing a partner. Real-time RMA updates – we update the FI's profile based on its actual risk in real-time and enable better RMA updates. Enable Growth – With the TenureX platform, you will build a better business with a broader client base and fewer resecures Enhanced User experience - Our solutions are built to enable transparency and predictability while allowing better service to the FI's clients at all levels