BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group, has implemented BancBridge's TreasuryAgent platform for unattended web connectivity with corporate treasury management clients.
BMO clients are now able to automate the secure downloading of account information, audit reports and other transaction reports, without having to manually log in to the bank’s web-based treasury portal, DirectLine, the companies said. Dial up modems and complicated FTP processes are completely eliminated.
Donald Craddick, president of BancBridge, said: We are very pleased to have BMO Capital Markets join our growing list of customers. Banks like BMO have found that our TreasuryAgent automated web connectivity platform can immediately improve the service they offer to their clients by increasing productivity and streamlining manual processes.