Version 6.0 of IT2 revolutionised the way in which IT2 clients manage their Treasuries, empowering them to achieve Best Practice. IT2 enables Treasury process management - for the first time - to be properly integrated with policy, compliance, management reporting and control. Clients can combine efficient Treasury processing with integral Treasury Process Maps, which provide a very high level of SOX and equivalent compliance through the provision of transparent, fully documented workflow control. Client solutions are supported by a comprehensive set of Best Practice management reports, covering the management of corporate Treasury positions, future funding, debt, cash investment and FX transaction portfolios, and FX profits and investment translation. The unique IT2 features of Workbenches and Management Dashboards provide powerful and intuitive data management facilities. Treasury policy and compliance documentation is integrated with process data to complete the Treasurer's information picture, offering a new level of Treasury management to IT2 clients.
Version 6.1 builds on this new standard of Treasury Best Practice to offer a series of functional enhancements in many areas of the system, bringing new benefits to many different types of client Treasury. The areas of impact include reporting and control, streamlined cash management processes, full support for real time FX P/L analysis, enhanced investment portfolio management and closer integration with Reuters, 360T and FXall to broaden STP possibilities for IT2 users.
This release affirms SimCorp's commitment to evolve IT2 as a rich and versatile solution for a wide range of international corporate and financial institution Treasuries.