Not every innovation in finance is an instrument or a portfolio management tool. Sometimes what seems a change in speed is really fundamental change. NationsBank, for instance, is currently building an intraday cash management tool that allows both itself and customers to micro-manage their accounts.

NationsBank svp for global payments Jay Butler is building an internal, Intranet-based system for wire transfers that the bank is simultaneously offering its clients under the name Real Time Wire.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.