All deals are maintained under one roof, providing a single, unified view to the escrow operations team. XCRO captures all the incoming transactions through various channels and present them at a single place.
Manage the complete lifecycle of a deal from deal creation through deal instruction execution to reporting. It encompasses various functions like pre-negotiations, operations, sales and legal.
Supports complex rule based schedules for instructions that are completely automated. We employ machine learning techniques to automate creation of instructions incoming through various channels like e-mail.
A truly Integrated solution that seamlessly connects with various systems such as Core banking system, Document management system, LDAP, SMS Gateway, and SMTP server.
Reliable and clear tracking of the deals that allows us to get a complete visibility on the transactions and audit trails across all activities that happen within the escrow system.
Maximize client earnings through efficient management of the funds in the escrow account from a single portal. Invest directly into several financial products without having to connect to disparate systems.
Manage a wide range of deal instructions being executed: Fund Transfer, Retention, Waterfall, Budget, etc.
Sophisticated scheduler to schedule the instructions based on pre-defined frequencies.
Ability to schedule Ad hoc instructions.
Handle priority and dependency within a deal.
XCRO encompasses all the RERA regulatory and compliance requirements.
Track withdrawals from a separate account.
Schedule transfer instructions between multiple accounts.
Milestone-based release of payments.
Banks also benefit from additional deal execution capabilities of XCRO, such as
Employee-Stock options (ESOPs)
Lender-Borrower EMI Payment with DSRA
Lender-Borrower with Sweep FD
Lender-Borrower with shortfall condition
Management dashboard gives a quick way to view your business performance in real-time. Monitor key performance indicators enabling you to take better decisions to manage your business and bottom line.
The dashboard is accessible to business and product heads to take effective business decisions with the help of key performance parameters like Average Balance, Outflow, Budget and Amount failed at their disposal.
Create and execute a wide range of complex Instructions without any human intervention as per set frequency. Completely automated instructions due to features like Retry mechanism and Holiday configuration.
EMI payments are easily configurable in XCRO. Notifications are sent out every day to the concerned party, in case of an account deficit, starting from few days prior to the scheduled date. In the event of a holiday , the transaction will get executed on the previous business day. Retry mechanism is enabled and in case of any failure, the transaction will get executed the next day without any intervention.
Set permissions and allow only specific people to perform the business processes. Empower your clients to initiate and approve transactions with high level of security and accountability.
It is easy to configure different amount ranges for authorized individuals to initiate and approve transactions.
Plan and create budgets for various business scenarios with combination of diverse frequencies and duration. Control and enforce the budgets rules and timelines accurately.
Budget can be configured at various heirarchies: Consolidated, based on purpose, based on destination, a combination of all.
360-degree view of the deal would instantly present you with the complete information of the deal at a single place. Complete history of the deal transactions are provided along with their corresponding deal initiators and approvers.
The deal summary with account details and party details, gives a complete picture of the deal. Navigate to budgets, instructions and entitlements with a single click.
|User acess management|
|Priority & dependency|
|Alerts & exception management|
|Master data management|
|Dashboards & reporting|
|Embedded data store|
|Connectors(SWIFT, SAP, etc.)|