The finance industry is focusing on the liquidity optimization because of the financial regulators encouraging a strict control, including the intraday operations (e.g. Basel III), a wide use of Collaterals in order to reduce counterparty and system risks (e.g. EMIR, DODD Frank) and the increase of Bank liquid assets .
Aquarius is the new TAS application for Securities, Cash and Collateral management integrated into a modular Liquidity and Settlement platform. Advanced graphical features and high customization capability permit to self-configure all the preferred application settings for your own business model. It can simultaneously manage multiple legal entities, in order to satisfy also Bank groups and Service Provider requirements.
Each single module of Aquarius can run stand-alone or be part of a wider Aquarius platform installation integrated in the customer architecture.
Aquarius offers an integrated framework to monitor Intraday Liquidity and consolidate Cash Management and Collateral activities for both direct and indirect settlement systems participant.
Core functionalities includes : bcbs248 monitoring tools; global intraday liquidity overview on individual country, currency, legal entity or customer level; monitoring features on monthly and daily bases; flexible alerting system; easy integration with bank back office and network applications.
New developments in payment technology have allowed employment agencies to offer better and faster payments, while reducing the cost and complexity of processing and compliance.
For a long time, traditional methods of cybersecurity were enough to provide effective protection. But not anymore – sophisticated attack and fraud methods are bypassing traditional security layers to divert money out of the business.
Inefficiencies in payment processing and cash management can make the difference between a company’s success and failure. As corporates seek new ways to effectively address complex global payment ... read more