Custodian BNP Paribas Securities Services has launched ‘Liquidity Access’, described as a comprehensive solution designed to help banks and broker dealers manage and monitor their liquid assets.
The launch comes as regulations, such as Basel III and Dodd Frank, require market participants to hold more liquid assets, closely monitor their liquidity ratios and anticipate the evolution of their liquidity positions.
Liquidity Access is based around three pillars:
- Anticipate: Reporting tools such as treasury cash forecasts and an intra-day liquidity reporting service give clients a clear view of the cash and liquid assets at their disposal, across territories, time zones and accounts.
- Optimise: Clients can choose from our range of cash consolidation solutions allowing them to manage their cash flows more efficiently across accounts held with BNP Paribas.
- Leverage: A consolidated view of accounts across jurisdictions allows clients to access new, secured funding possibilities while also benefiting from structured, transparent credit lines (both intra-day and overnight).
“We are seeing huge demand from our clients to help them rethink the way they manage and monitor their liquid assets,” said Florence Bonnevay, head of market and financing services at BNP Paribas Securities Services. “The market is changing and so are we.”
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