Bank of China to employ GRGBanking cash reconciliation solution nationwide

F@ST Liquid Data is mainly for the reconciliation between ATM Switch data, ATM Journal data and branch data.

According to a release, Bank of China (BOC), one of the Big Four state-owned banks in China, signs contract with GRG Banking Equipment Co. Ltd. on implementing F@ST Liquid Data Cash Reconciliation Solution in all their branches in the country.

F@ST Liquid Data is mainly for the reconciliation between ATM Switch data, ATM Journal data and branch data, it can automatically fulfill the reconciliation process which is normally done manually. It can improve the bank’s cash reconciliation efficiency and decrease the operation cost and workload remarkably.

As the main ATM hardware and software supplier of BOC, the company has supplied software like FEEL View ATM monitoring system, FEEL Distribution remote file distribution software and SECOne terminal security software.