Positional exposure, cash flow, risk and credit displays, including full CLS functionality, will provide the bank with instant real-time information. This is supported by extensive settlement and reporting capability giving the bank full control of its treasury function, minimising operational risk.
"Siena has been developed in conjunction with our existing customers to offer unparalleled look and feel along with business functionality across all financial products, both on and off balance sheet, including FX, MM, Bonds and Derivatives", comments David Mallinder, Head of Business Development & Sales at Eurobase Banking Solutions. "We are delighted that Banco Do Brasil has chosen our system to support its trading operation, a decision which underpins our belief that Siena is the most advanced and fully functional real-time treasury management solution currently on the market."
Siena supports all major treasury instruments in real-time. It is a continuously evolving system, the modularity of which enables the easy introduction of new financial instruments and client specific enhancements. The technology, which is 100% Java, enables Siena to work on multiple platforms, and the system is Web and XML enabled (Eurobase is an active TWIST™ Member).