News, Treasury news / 10 April 2013 /
SmartStream Technologies, the financial Transaction Lifecycle Management specialist, today announced that it has appointed Trustlink to distribute SmartStream’s Reconciliations and Cash & Liquidity Management solutions in sub-Saharan Africa. (more…)
Banking news, News / 12 September 2012 / MORS Software
MORS Software 2012 Liquidity Risk Management survey was conducted between 4 May and 15 July 2012. Sixty-one banking professionals from 26 countries across the UK, Continental Europe, Asia, Middle East and the US participated. (more…)
News, Treasury news / 26 July 2012 / Bank of America Merrill Lynch
Bank of America Merrill Lynch today announced it has added Notional Pooling to its Global Liquidity Platform, a centralised technology hub for liquidity management. Companies can utilise single and multicurrency notional pooling solutions to reduce capital cost, increase control of working capital and simplify treasury activity. (more…)
July / August 2012 / 13 July 2012 / Phil Cantor, SmartStream
Phil Cantor of SmartStream manages the company’s TLM Cash & Liquidity Management and TLM Client Money solutions. He takes a look at the challenges that banks and corporations face in keeping track of their funds, investments, trade cycles and trade finance.
Adam Lawrence, CEO of the Royal Mint, is busy proclaiming physical cash is still king as he strikes the Olympic medals for London 2012 from liquid gold. For banks, however, what’s growing ever more important is cash held in accounts, investing it effectively and knowing exactly how to make cash (and collateral) liquid quickly, if needed. The opposite of Adam’s job.
And that has led to the realisation that cash management is no longer just a necessary part of banking, but is its cornerstone.
It’s harder than it sounds. Corporations can have a devil of a time keeping track of their funds, investments, trade cycles and trade finance, as high lighted elsewhere in this feature. The only way to really know what’s going on is to track, in real time, each and every trade at each point of its evolution, capturing each amendment, each progression from bank to bank, from system input to system output to next system input, and so on. (more…)