Increased efficiency and reduced operational risk - by enabling faster settlements and reducing opportunities for error. The time taken for reconciling trades with counterparties is minimized and missing trades can be completely eliminated.
Reduced IT costs - eliminates the need for corporates to invest in their own bespoke or packaged treasury systems. It provides the benefits of improved workflow for business processes without the capital investment required for installing and implementing a system in-house.
Reduced communication costs - provides connectivity to SWIFT without the expense and IT infrastructure of bringing SWIFT in-house. Misys Treasury also provides connectivity to the banks, allowing for improved data flows between organisations.
Easy access and constant availability - a single, secure platform for all treasury-related operations that can be accessed from any point on the Internet, at any time. As a result, Misys Treasury allows subsidiaries and/or branches in different locations to use a centralised system.
Greater control and simplified operations - simplified trade execution gives the corporate treasurer greater control of trade activities. Misys Treasury allows access to a wider range of banks in different markets, giving users a greater ability to compare the rates quoted by their preferred bank against the market.
Increased transparency of pricing - real-time data means that corporates have access to up-to-date FX and money markets pricing.
Faster trade execution - due to increased STP, from trade execution right through to settlement.
Reduced manual intervention and processing - reduces operational and financial risk by automatically applying standing settlement instructions to confirmed transactions, removing the need for a manual trade confirmation process.
Better tools for decision-making - the system aids better decision-making on areas such as available cash balances, funding requirements and investment opportunities. A corporate treasurer can also view all currency positions related to FX and Money Market trades and cash accounts held at various institutions.
