Smartstream - Cash & Liquidity Management - from the back to the front office
Financial institutions are looking for cash management solutions for the front-office, which will provide a global real-time view of cash positions across all settlement channels by trading business line, portfolio, book and product.
The new requirements by Basel and local regulators have added further pressures for trading desks to understand their cash positions and manage risk in real-time. Previously, front-office traders have predominately used multiple end-of-day accounting platforms with no real-time visibility of daily positions. Now there is a need to view company and legal entity-wide aggregated positions by the minute in order to make comprehensive internal funding decisions, economically viable trading decisions and appropriately manage liquidity risk.
Cash management solutions provide the benefit of real-time visibility for the front-office. Cash is reconciled and consolidated to deliver a multiple views for trading desk and risk teams, including individual balances for every business line, book, portfolio and product - across all currencies. Risk alerts notify the trading desk of any potential risk challenges.