White Paper

Seven signs you’ve outgrown your treasury management system

Company: Calypso Technology

Calypso Technology  case study

Category: Compliance

Published: 14 May 2015

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Overview

Seismic shifts in global regulation and a more complex banking landscape areleaving treasurers vulnerable. Legacy treasury management systems cannot meet increasing national and cross-border demands, or provide the real-time decision support tools needed to optimally monitor and control risk. No longer is it adequate to simply manage cash and capital; the treasury management systems of today must encompass critical enterprise-wide risk functions, such as funding, liquidity, ALM and portfolio management.
The stakes are high. As banks expand their regional and global footprint, they are facing increasingly diverse challenges. Regulatory compliance, the growing use of derivatives, and more sophisticated risk management and reporting are placing higher demands on technology.

In many cases banks are using multiple legacy treasury management systems. This patchwork approach is increasingly ineffective. A consolidated approach will reduce operational and market risk, while often lowering costs. If your bank lacks real-time data or you are still using spreadsheets, it is another warning sign.

By upgrading to a unified treasury management system, banks can better manage funding and risk, respond more quickly to market and regulatory challenges, and generate significant operational efficiencies. For many banks, it could be time to make a change.

 

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