Bricknode launches App for managing BankGiro payments

Stockholm - 12 July 2016

Today Bricknode launches a new application in the Bricknode Add-On Marketplace called BGC Manager. The application can be launched as an add-on to Bricknode Financial Systems (BFS) and offers a way to efficiently import and manage payments from BankGirot to BFS. This specialized app supports high volumes of payments and simplifies exception handling for un-matched payments in order to automate reconciliation.

Bricknode develops and offers a cloud based financial business platform including modules like back office, financial advisory, account management, customer portal, real time trading and insurance.

Bricknode Financial Systems (BFS) can be used by financial companies to offer trading and investing in various financial instruments. BFS supports managing high transaction volumes where interfacing with payment services like BankGirot is very important.

“Our customers are highly dependent on working with various payment and transaction services in order to conduct mass imports and exports. When working with high transaction volumes certain exceptions occur, for example a customer might have entered the wrong account reference number on a payment. In turn this can put a hold on the whole payment import for the day and delay any reconciliations that has to be completed.

With the built in exception handling of this app our customers can continue their processes, reconciliations and schedule time for cleaning up any exceptions in an organized manner. BFS has historically had flaws within this area but with our new app-based infrastructure we can now build and launch specialized apps in record time and leverage our platform in a big way.” said Stefan Willebrand, CEO and Co-Founder of Bricknode.

Bricknode is a young innovative company focusing on financial software. Our mission is to empower our business partners to deliver the best financial products to their end customers and partners in the most efficient way possible.

Bricknode Financial Systems is a cloud-based platform, which makes it possible for securities firms and other financial institutions to establish themselves online and participate in the Bricknode network and ecosystem. Bricknode is the backbone of FinTech.

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