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Lloyds TSB Corporate Markets

Client Cash Manager

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Factsheet download: Client Cash Manager

Streamline the management of your client funds

Client Cash Manager (CCM) is a PC based solution designed for organisations that administer customer funds.  Allowing you to set up and manage client bank accounts easily and efficiently CCM can cut the costs and increase the financial benefits of holding client funds. Suitable for use in a variety of sectors it is particularly valuable for companies dealing in pensions, property and law. 

The key benefits

  • Improve interest revenues as you set your own interest rates and charges for client funds held on deposit.
  • Reduce costs by cutting down on your administration, overhead and operating costs.
  • Provides a strong platform for growth with automated processes allowing you to grow your business without having to add staff or back-office capacity.

Features and benefits

  • Visibility of all client funds transforms cash management and interest allocation – and provides a full audit trail.
  • Greater profit margins thanks to streamlined administration and accounting – typically achieve ROI within 6-18 months.
  • Improved customer service thanks to greater efficiency and transparency with integrated statements for each client.
  • High level of compliance and risk management with segregated funds and automated payments and reconciliation.
  • Virtual account for every client that you can set up and manage.
  • Interest paid on aggregated balances, calculated daily.

For further information on Client Cash Manager:

Talk to your relationship manager.

 

Lloyds TSB Corporate Markets is a trading name of Lloyds TSB Bank plc and Lloyds TSB Scotland plc.
Lloyds TSB Bank plc and Lloyds TSB Scotland plc are authorised and regulated by the Financial Services Authority.
FSA authorisation can be checked on the FSA’s Register at:  http://www.fsa.gov.uk/register/home.do