Accuity, a leading global provider of financial data for over 175 years, today released an updated version of SmartWorks, its online global payment and counterparty management solution. The enhancement is the latest example of Accuity’s ongoing commitment to adapting and developing tools that allow clients to be even more effective in processing payments.
SmartWorks was first launched in 2013 and this enhancement represents another significant marker in the journey to bring together relevant and insightful information to guide banks’ and corporate customers’ payments, and financial counterparty Know Your Customer (KYC) processes within one solution. Recent updates build upon a consolidated and simplified interface to create a better user experience, including more intuitive functionality, while also accessing Accuity’s comprehensive payments information which can be easily managed and customized.
With improved features and data, SmartWorks now includes a database of over 52,000 banks and institutions worldwide and has amassed over one million routing and clearing codes; a simple, easy-to-use interface that enables increased efficiency in fixing and processing payments; and enhanced searching and filtering functionality allowing customers to find data at a faster pace through more streamlined processes.
“We have worked closely with our customers to bring this latest enhancement to realization and further support their workflow processes,” said Kerry Hewson, Executive Vice President of Accuity. “We are driven to provide solutions that are intelligent, intuitive and revolutionary in the way our customers access data.”
According to Hugh Jones, Chief Executive Officer, Accuity, “SmartWorks was built to provide reliable and proactive information for banks and corporates that would seamlessly fit their business-specific needs. This latest release marks another milestone for the solution in empowering customers seeking optimal levels of efficiency. We will continue to dedicate resources and time to SmartWorks’ ongoing development and will further evolve with market demand.”
Owned by one of the world’s leading business-to-business data and content providers, Reed Business Information, and part of Reed Elsevier, Accuity has been providing solutions to banks and businesses worldwide for over 175 years. Our unmatched data and services, powered by Bankers Almanac, deliver optimal payment efficiency, compliant transactions, bank counterparty insight and AML screening success.
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