Trovata’s Multibank Connector

Get client multibank data into your platform. Partner with us for a best-in-class, low-code multibank connectivity solution. Trovata’s self-connect widget lets you bring the power of corporate multibank data into your own bank portal, ERP, TMS – nearly any web environment.

The world’s largest library of APIs in corporate banking

APIs are the modern building blocks required to automate next-gen financial services. It’s why some of the largest financial institutions from around the world are our investors.

Legacy: sFTP

Service Bureaus, TMS, & bank gateways use legacy data collections methods like secure File Transfer Protocol (sFTP) and older file formats (MT940, CAMT, & BAI2) that limit data & lack automation.

• Heavy IT dependency
• Providers plug gaps with no audit trail
• End users have to reconcile

Modern: APIs + sFTP

As the pendulum shifts to direct bank APIs, Trovata gives you the best of both worlds with true quality assurance.

• Real time balances, transactions, & payments
• Rich metadata for deeper insights & tagging
• Data healing algorithm for data completeness
• Automated reconciliation ensures data integrity
• Audit logging for transparency & control
• All data normalized, stored, and fully indexed

Multibank connectivity as a managed service

The next wave of digital transformation demands that financial services be interwoven within your business applications. This means you need instant access to your clients’ bank balances and transactions. Trovata’s SDK + developer portal gives you everything you need as a managed service.

Why choose Trovata as your data solution

• Built on AWS for native cloud speed, agility, and scale
• Fully-managed service including client consent
• Future-proof global standard amidst bank modernization

Trovata vs. legacy TMS & Swift Service Bureaus

Trovata is democratizing corporate multibank data. Our new standalone SDK is a modern embedded banking solution, while our data platform provides you with an unparalleled tech foundation to build on.

Customize Data Delivery & Use

Trovata provides a toolkit of APIs that makes it easy to build integrations & custom multibank data feeds into your apps & services.

• Retrieve accounts, balances, & transactions
• Search & analyze transactions
• Initiate wires, ACH, RTP, & process payment files

Frequently Asked Questions (FAQ)

Common questions about SWIFT, use cases, implementation, consent, bank connections, data formats, customization, and partnership.

Want a demo?

Meet with our partnerships team to learn more.

Cash. Analyzed.

View all your cash inflows and outflows in one place, across multiple banks. Better manage and visualize cash data so you can make fast, informed decisions in one SaaS platform.

Aggregate bank data automatically.

Leverage open banking APIs to bring your cash data into a single, secure location. Trovata normalizes and consolidates bank data across multiple file formats so you can focus on analysis, instead of wrangling bank portals and spreadsheets.

Insights driven by AI.

Trovata leverages AI to better analyze historical trends, group transactions, and forecast cash so you know where to put it to work next.

Get clarity around money movements.

Gain quick cash visibility once you connect all your accounts in Trovata. Tag your cash flow data by region, entity, or division to understand exactly where cash is going and where it’s coming from.

Google-like search for your bank transactions.

Find transactions seamlessly across all your banks with our secure, finance-focused natural language search engine. For example, search by vendor, customer, or even a particular dollar amount.

Save time you currently spend in spreadsheets.

Trovata’s cash flow analytics tools save teams like yours hundreds of hours per year. Share readymade, beautiful visualizations with execs, even on the go.

Data. Visualized.

Trovata provides data analytics and reporting capabilities across our entire system to make it easier for you to analyze your cash flows.

• Cash Flow By Tag Report
• Instant Balances by Entity, Region, Division, and More
• Daily Cash Reconciliation

Trovata AI

Grasp the power of generative AI to unlock cash insights. All you have to do is ask.

Next-Gen Cash Management

Whether you’re the CFO or junior analyst, multibank cash management is now easier and accessible for everyone.

• Use natural language to chat with your new virtual team member.
• Get instant answers to the cash questions that matter most.
• Stay on your toes – even when you’re in the middle of a board meeting.

How it works

Your data is never shared with OpenAI. When you ask Trovata AI a question, GPT-4 technology taps into Trovata’s native capabilities within your private Trovata environment. In seconds, it serves up the information you’re looking for. Since Trovata aggregates, stores, and manages your bank data, the answers will always be accurate and private.

Analyze and run scenario planning

Create a 13-week cash forecast in seconds, across multiple subsidiaries.

Make winning game-time decisions

Our AI can give you hard-to-find answers instantly, when you need them most.

Add 10s of employees at the price of none

Manually aggregating and analyzing bank data is now a thing of the past.

Interpret data faster with AI-generated reports

Ask for any kind of report, in any format.

FAQs

• No limit to the questions you can ask about your corporate cash position.
• Trovata AI uses GPT-4 to generate SQL statements for analytics.
• All computations are performed by Trovata's platform; data is never sent to OpenAI.
• Users can review and modify the SQL used for answers.
• Available to all Trovata customers.

Featured

Explore the future of cash management. The Finance Professional’s Guide to AI, ML, and ChatGPT.

Cash Reporting Tools

Get immediate answers to your cash data questions. Analyze visualizations or raw data to answer any cash question, in any context. Automated real-time reporting enabled by bank API connections.

Real time cash positions.

View real-time cash position with one login. Automatically aggregate and normalize data. Get cash reports sent to your inbox.

Conversational AI-driven insights.

Ask Trovata AI any open-ended question and it will produce a report with visualization and raw data. Supports reconciliation and forecasting.

Group and search cash flows by functional type.

Find and group cash flows by type, vendor, customer, or partner. Tagging supported.

Review cash flow trends.

Historical data is stored automatically. Access and analyze trends with enhanced search tools.

Mobile cash insights.

View financial positions and cash data on mobile. Set push notifications for account balance thresholds.

Reports from Balances

Overview of current cash balance and all connected banks/accounts. Customizable, report-ready screens.

Cash Positioning Reports

Analyze cash position by bank, entity, region, division, and currency. Create and save custom views.

Reports from Analysis

Sift through transaction and balance data to identify trends, test hypotheses, or answer specific questions.

Reports from Insights

Pre-built reports showing data directionality, anomalies, and recommendations.

Forecast Reports

Build and maintain 5-day, 13-week, and 12-month cash forecasts using machine learning.

Reports in Trovata AI

Ask open-ended cash questions and Trovata AI will generate the best report, including visualizations and raw data.

Reconciliation Reports

Automated daily bank-to-book reconciliation reports.

Custom Reports

Create dynamic, flexible reports on transactions and balances.

Integrate multi-bank transactions in NetSuite.

Fully automate the upload of intraday bank data into NetSuite for matching and reconciliation with Trovata’s hybrid SuiteApp. Give your accounting teams hours back every week and reduce the risk of manual error, all without IT resources.

Bank connectivity. Streamlined.

Trovata’s direct connections to 100+ enterprise banks and 2000+ business banks enable a daily feed of multibank data into NetSuite. Automate the posting of JEs to your G/L and accelerate the reconciliation processes.

Transaction data. Normalized.

Trovata’s normalization collects data across different formats and unifies them into a single, cohesive model that can be used by NetSuite. By normalizing data formats across API, BAI, CAMT, and others, Trovata reduces the amount of manual work finance teams do to prepare bank data for NetSuite.

Cash operations. Cloud-scaled.

Trovata’s native cloud-based infrastructure offers finance teams real-time data access, increased security and compliance, and cost savings. With support for millions of transactions and global connectivity, Trovata is able to scale with your business as operations grow.

Implemented. 
In just a few clicks.

Getting the Trovata Multibank Connecter up-and-running is quick and easy. All that is needed is a one-time self service implementation that can be done in 30 minutes. Our integration scales as accounts are opened and closed, so no need to worry about maintenance or upkeep. The best part: our NetSuite plug-in is free to use for Trovata users that have a bank connected.

Book a demo.

Get a product walkthrough of Trovata’s NetSuite integration with one of our experts.

Trovata & Morgan Money's Next Level Partnership

Clients requested the ability to gain complete cash visibility across their banks and investments in one place. J.P. Morgan Asset Management has partnered with Trovata to enable joint customers to use Morgan Money’s services for higher yields on corporate investing.

Three benefits that Trovata and Morgan Money clients can expect

• Morgan Money users’ investment balances and transactions flow into Trovata in real time.
• Manage and monitor operating and investing activities all from within the Trovata platform.
• Determine liquidity needs using Trovata and invest seamlessly using Morgan Money.

About J.P. Morgan Asset Management

J.P. Morgan Asset Management, with $3.6 trillion in AUM (as of 12/31/2024), is a global leader in investment management, serving institutions, retail investors, and high net worth individuals worldwide. Offers global investment management in equities, fixed income, real estate, hedge funds, private equity, and liquidity.

Podcast Episode: Interest Rates, Investing, and Inflation – Predictions with Paul from Morgan Money

Paul Przybylski from Morgan Money discusses high interest rates and inflation.

Press Release: Trovata and Morgan Money

Read the press release to learn more about how Trovata users will be able to tap into Morgan Money’s services.

On-Demand Webinar: Generate Higher Yields on Idle Cash with Increased Cash Visibility

Watch the recorded session of Morgan Money and Trovata to learn how these two platforms can help your team level up your investing strategy.

Corporate Payments Tool

Trovata Payments empowers you to orchestrate money movement efficiently, initiating Real-time Payments (RTP), ACH, and wire transfers all in one platform. Eliminate third-party processors and logging into multiple bank portals.

• US domestic payments via J.P. Morgan, Wells Fargo, PNC, Bank of America, U.S. Bank, and KeyBank
• International payments via J.P. Morgan to UK, Poland, Germany, Australia, India, Japan, Canada

Payment decisions. Made better.

Be strategic with your cash outflow. Utilize the payment method with the lowest fees to better manage your cash flow.

Real-time Payments. In seconds.

Send up to $1M with near-instant settlement, confirmation, and fund availability. RTP can be initiated and processed anytime, anywhere.

Payments history and processes. Tracked.

Track payments in a comprehensive dashboard with deep historical information such as account and beneficiary details, workflow processing, and payment history. Google-like search for payment data across connected accounts.

• Analyze payments by status
• Drill down into historical payments within a specific date range

Workflows and approvals. Built-in.

Increase transparency and manage your payments approval processes with automated workflows. Set up custom rules and user roles to ensure compliance with treasury policies and internal controls. Workflows can be saved as templates and assigned to payment types.

Move money. Securely.

Enhance payment security with optional maker-checker (Peer Review) and optional Multi-Factor Authentication (MFA) for payment release.

• Accountability and fine-grained controls for payment permissions
• Extra layer of security authentication

How Banking APIs Are Revolutionizing Payments

Access key insights into how bank APIs empower you to initiate payments in one platform without logging into multiple banking portals or paying third party fees.

Trovata Payments App Data Sheet

Discover how Trovata’s Payments App empowers treasury and finance professionals to make transfers and initiate payments via ACH, wire, and RTP using bank APIs, eliminating the need for third-party intermediaries and additional fees.

API Platform

Trovata’s API Platform establishes a dedicated financial big data pipeline that drives value across your enterprise.

Out of the Box Intelligence

Trovata aggregates your data from across your global banks and accounts. This cash flow data can then be tagged by region, entity, or division. Trovata also translates all non-USD denominated amounts into USD equivalents.

• Aggregates data from global banks and accounts.
• Tagging by region, entity, or division.
• Currency conversion to USD.

Highly Interactive

Trovata is a powerful instrument for analyzing and communicating your company’s cash flows. We make it easy to share cash flow data with senior leadership and major stakeholders through our reporting app for iPhone and iPad.

• Interactive analysis and communication tools.
• Reporting app for iPhone and iPad.

APIs Explained

Trovata leverages APIs to integrate directly with banks and revolutionize the cash management space.

• Direct API integrations with banks.

Book a demo.

Get a product walkthrough of Trovata with one of our experts.

Fast to deploy. Built to last.

Trovata TMS combines best-in-class bank connectivity with a full suite of treasury capabilities—from cash positioning and forecasting to payments, capital markets, and derivatives. Built for speed, automation, and continuous innovation, it’s treasury management reimagined.

The future of treasury starts here

Legacy TMS software is slow, rigid, and stuck in the past. Trovata delivers fast onboarding, data-first automation, constant innovation, and expert guidance.

• Fast Onboarding: Up and running faster than the competition.
• Data-First Automation: AI-ready workflows and reporting out of the box.
• Constant Innovation: A visionary, tech-first platform that only gets better with time.
• Expert Guidance: A partner in your success, not just another vendor.

Cash Positioning & Liquidity Forecasting

Access real-time cash positions and dynamic liquidity forecasts to make smarter, faster decisions.

Capital Markets

Manage all debt and investment activities in one place to gain complete visibility and control.

Bank Account Management & Fee Analysis

Streamline account oversight, enforce compliance, and uncover cost savings with automated bank fee analysis.

Intercompany & In-House Banking

Manage intercompany loans and internal bank structures with seamless workflows and reporting.

Domestic & International Payments Management

Automate secure payments globally with centralized approvals, built-in compliance, and full audit trails.

Interest Rate & FX Hedging

Manage FX exposures and interest rate hedging end-to-end—ensuring compliance, reducing volatility, and enhancing forecast accuracy.

TMS Resources

Supporting guides and resources for Trovata TMS, including ROI analysis, product overview, and bank fee analysis.

• The ROI of a TMS: Building a Data-Driven Business Case
• Trovata TMS Overview
• Bank Fee Analysis: The Blind Spot Costing Treasury Real Money

Book a demo.

Get a product walkthrough of Trovata with one of our experts.

Trovata and State Street's Fund Connect Integration

Clients requested the ability to gain complete cash visibility across their banks and investments in one place. That’s why State Street now integrates Fund Connect with Trovata. Our joint customers will be able to use Fund Connect’s services to access higher yields on corporate investing.

Three benefits that Trovata and Fund Connect clients can expect

• If you are a Fund Connect user, your investment balances and transactions will be able to flow into Trovata in real time.
• Manage and monitor operating and investing activities all from within the Trovata platform.
• Determine your liquidity needs using Trovata then take action to invest seamlessly using the services offered by Fund Connect.

State Street’s Fund Connect Product Overview

Learn more about how Fund Connect connects investors to global liquidity through money market products.

Doing More With Less

Hear insights on how Trovata’s integration with Fund Connect enables more strategic decision-making in treasury and investment management.

Forecasts. Flexed.

Cash forecasting used to be a mess of spreadsheets and scattered data, but Trovata makes it simple. Trovata collects and normalizes data, then generates a forecast, all in one platform.

Proprietary machine learning models

In addition to automating the cash forecasting process, Trovata leverages machine learning to establish a forecast baseline, analyze historical data trends and increase forecast accuracy.

Enhanced user defined growth rates and variables

You know your business better than anyone. That is why we give you the power of flexibility over forecast variables. Whether you automate bank or ERP data feeds or copy & paste from spreadsheets, we let you tailor your cash forecast to meet the needs of your business.

Advanced scenario modeling and planning

Trovata gives you the flexibility to model and create cash forecasts around different business decisions and potential investments. This way you can make fully informed decisions and put your best financial foot forward.

Multi-subsidiary forecasting and analysis

With Trovata you have the ability to drill down, and forecast for subsidiaries individually. This allows you to truly analyze, monitor and plan for each business at its specific level. These precise forecasts allow you to better understand each facet of your organization.

Explore the future of cash management.

Learn how to transform your forecasting process into one that’s faster, more accurate, and built for agility in today’s volatile market.

Book a demo.

Get a product walkthrough of Trovata with one of our experts.