
Digital Banking
Third-party bank integration, cash positioning, and settlement
Deposit Management

Virtual deposit for asset management and distribution according to terms of agreements.
Beneficiary Payouts

Subsidiary Payments On-Behalf-Of POBO and Collections On-Behalf-Of COBO for FBO bank account.
Reconciliation

Matching and updating transaction to ensuring investment expenses are paid accurately.
Banking Embedded Ledger APIs
Treasury Bank offers two similar API products.
- Core Direct: Direct bank accounts as core accounts with HSC banking partners. These are the exact same accounts that are created if you walk into a branch to create a bank account.
- Treasury Direct: Treasury accounts are held in the Treasury Bank, and all interaction with third-party bank accounts is done using APIs.
Note: Both products have different behaviors and are documented separately. Please note that HSC c/o Treasury Bank has real-time connections to cores of each partner banks.




