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Software Solutions for Treasurers: From Trade Execution to Back Office Management

Learn about the benefits of Straight-Through Processing (STP) in treasury operations and how software solutions like Salmon, SunGard, XRT, SAP, Trema, City Financials, and SimCorp can help streamline trade execution and back office management. Explore topics such as deal documentation, credit checks, front office systems, hedge accounts/positions, operating cash flows, legacy systems, and more. Discover why STP is essential for treasurers and how it can improve efficiency, reduce errors, optimize resource allocation, and provide a comprehensive audit trail. Case studies and multi-bank platform decision drivers will also be discussed.

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Software Solutions for Treasurers: From Trade Execution to Back Office Management

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  1. Software Solutions for Treasurers From Trade Execution to Back Office Management IACT, Dublin, 13th February 2007

  2. STP Straight-Through Processing (STP) Deal Documentation Credit Check Front Office System Salmon, SunGard, XRT, SAP, Trema, City Financials, SimCorp etc. Hedge Accounts/ Positions Operating Cash-Flows Legacy System SAP, BAAN, PeopleSoft etc.

  3. Treasury Headaches Why STP? A Treasurer‘s Paracetemol • Transaction • Low Market Transparency • Time-consuming Price Request (sequential) • Acoustic Missunderstandings (Fifty <-> Fifteen etc.) • Processing • handwritten Ticket / Dealblotter • Manual capture in Excel / Treasury Management System • Manual deal confirmation exchange / reconciliation • Missing standardisation of information format / transmission • Missing „Audit Trail“ (error tracking, alternative prices etc.) • Information • Limited assessment of individual banks‘ performance

  4. STP Gains Platform Customer Benefits • Increased efficiency from STP • Workload reduction of approximately 70% • On average min. +1 bp price improvement • Optimizing of resource allocation • Significant reduction of error margin • Availability of market data to subsidiaries • Auditable Trail

  5. Case Study At Company A 360T is part of a real end-to-end STP External counterp. 1 Company A Company A External counterp. 2 GROUP CENTRE External counterp. 3 Intra-Group trading Group external trading External counterp. m Subsidiary 1 Automated transport of trade infor-mation Subsidiary 2 Automated transport of external con-firmation info Subsidiary. 3 Automated fax- or e-mail confirmations Subsidiary n TMS (Treasury Management System) Automated transport of external confirmation info Automated transport of settlement and state-ment info Transfer of booking-info to and from legacy system Bank 1 Multibank Communication system Bank 2 Bank statements and payment files Bank 3 Bank m Source: e-FOREX (October 2005)

  6. Case Study Multi-Bank Platform Decision Drivers • Variety of instruments • STP efficiencies • Non-anonymous trading environment • Technology • Flexibility • Easy to use • Independent ownership

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