Solutions
The FX Marketplace: Trends, Opportunities and Challenges
The foreign exchange marketplace is in a state of flux. The rules of the game are being re-written by the advent of new players and different ways of transacting FX thanks to technology advances.Download
Basel II Compliance in Finacle Treasury
Basel II provides banks a bouquet of approaches from the basic to the advanced, however it is in the advanced approach that banks have a better chance of achieving reduction in capital charge.Download
Treasury Organization - Picking the Right Model
Key factors that impact the choice of model adopted are - the primary motive for the treasury within the organization, the scale of operations, the geographic spread of the business and the complexity.Download
The Changing Face of Treasury Technology
Banks offering e-trading facility to their institutional customers have seen increased cost savings on delivery of this service by further integrating customer facing applications with back-end treasury applications.Download
Treasury: Back to Basics
Bank treasuries to be able to respond to the dynamics of this changing business world and to emerge not just unscathed but successful they need to harness the potentials of three key fundamental but truly powerful enablers…Download
Treasury
Finacle treasury solution is an integrated yet modular front, middle and back office solution built on best-of-breed open technology platforms, providing high scalability, flexibility and STP capability. The solution enables reduction in costs, decrease in time-to-market of products and services, while enhancing process efficiency.
The solution supports a wide range of financial products and their derivatives in foreign exchange, money markets and securities. It also provides full back office processing capabilities, including General Ledger, and has extensive middle office features such as limits, risk and liquidity management.
Key Modules
Cross Asset SupportFinacle treasury solution supports trading, risk management and processing for a broad array of asset classes on a single integrated platform. These asset classes include:
- Foreign exchange
- Money markets
- Interest rate derivatives
- Fixed income
- Precious metals
- Equities
- Structured products
- Credit derivatives
Finacle presents a comprehensive dealer-friendly front office module that enables efficient deal capture. The solution provides the flexibility to price and capture deals through the front office, or import them from external sources through seamless interfaces.
- Trade entry
- User-friendly interface
- Personalized layout
- Online updates
- Multi-dimensional organization structure
- Blotters
- Pricing
- Simulation
- Limits monitoring
- Real time position keeping and P & L
Finacle offers real-time tools to view positions and manage market, currency and credit risks effectively.
- Multiple revaluation methodologies
- Risk management
- Limits management
- Value at risk
Finacle offers a comprehensive back office module for real-time management of treasury instruments and their derivatives. This comprises complete deal processing including deal settlement, updating, verification, confirmation, Nostro reconciliation and tickets printing.
- Straight Through Processing (STP)
- Deal lifecycle
- Permissioning system
- Exceptions management
- Blotter operations
- Nostro blotter
- Setup of static data
- Accounting
- Reporting
- Electronic messaging infrastructure
- Message management
Business Benefits
Comprehensive 24X 7 Solution
Finacle treasury solution provides a full range of products and their derivatives in foreign exchange, money markets and securities, round the clock. This empowers the bank with an all-in-one system that addresses corporate clients’ needs for sophisticated functionalities. It also relieves the constraint of unavailability of systems for long periods during EOD operations.
Higher Operational Efficiency
The solution provides full STP for all supported instruments from pricing and pre-deal analysis to operation lifecycle processing, confirmation and settlement. In addition, the solution comes with a powerful integration framework to interface with the bank’s core banking solution and external data sources - thus minimizing operational delays and ensuring seamless transaction flows at the bank.
Lower TCO
The solution allows users, belonging to different legal entities to work on a single system and database, with support for cross-entity consolidation of risk and standing data. This directly results in significantly lower implementation costs and ease of centralized reporting for the bank.
Solutions
Core Banking
Point of View
Success Story
Exploiting Technology to Streamline Asset Management
Finacle treasury solution proved the best-fit resolution to manage bonds, notes issue, interest rate swaps, spread tickets, cash tickets, futures, FX, cross currency swaps and repos for ECM.
Enhancing Productivity
Finacle offers comprehensive and integrated front-to-back office treasury functionality at Credit Suisse, where it supports over 800 users globally, across various functional areas such as foreign exchange, money markets , derivatives and securities.
