The Solution automates banks' Commercial Escrow & TRA Account, improves efficiency by streamlining setup, standing instructions and receivable categorization. It also integrates with accounting, compliance monitoring and core banking systems.
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Get full visibility and control over the funds held in trust on behalf of real estate buyers and sellers. Minimize the risk of error, fraud or other financial irregularities.
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We offer predefined modules to cater to regulations specific to commercial escrow and are also configurable to meet any organization specific requirements.
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Automate collection, tracking, and disbursement and get insightful reports. Streamline the entire escrow management operations, increase efficiency, and reduce costs.
Know MoreManual processes were not only inefficient, but were leading to huge fines imposed by RERA due to manual errors in reporting.
Our clients' words of praise and appreciation inspire us to continue providing the best possible solutions and help us to build a stronger relationship with our clients.
I really appreciate the Ascent team’s ability to understand the problem and provide a solution. They are highly responsive.
Vice President, Head of BCM
We are thoroughly impressed with the domain knowledge and technical expertise displayed by the Ascent team.
Senior Risk Officer
Thanks for helping us with achieving another milestone. You've always gone above & beyond to deliver the requirements.
AGM, Crisis Resilience & Standards
Thank you all. Fantastic work. Much appreciated
Senior Manager – Business Resilience
Our clients' words of praise and appreciation inspire us to continue providing the best possible solutions and help us to build a stronger relationship with our clients.
I really appreciate the Ascent team’s ability to understand the problem and provide a solution. They are highly responsive.
Vice President, Head of BCM
We are thoroughly impressed with the domain knowledge and technical expertise displayed by the Ascent team.
Senior Risk Officer
Thanks for helping us with achieving another milestone. You've always gone above & beyond to deliver the requirements.
AGM, Crisis Resilience & Standards
Thank you all. Fantastic work. Much appreciated
Senior Manager – Business Resilience
Ascent's AutoEscrow© software is an all-in-one solution for automating Escrow and Trust Account management for banks and NBFC’s. With predefined modules for RERA, CBUAE, Insurance Escrow, Mollak, and configurability for bespoke requirements, it streamlines processes and reduces errors.
It includes features like automated account setup, payment processing, regulatory reports, account reconciliation, and more.
Learn more about Corporate Banking Escrow Management solutions with the help of featured resources especially curated for you.
