The major innovations of 6.4 include:
â¢Treasury Process Management â the enhanced treasury process library gives treasurers a 360Â° view of their operations, supported by the out-of-the-box availability of best practice treasury management workflows. These facilities enable accelerated, secure system implementation, and additionally support controlled, transparent process management and audit reporting facilities in live operations.
â¢Composite Workbenches â new powerful reporting consolidation tool, which further improves IT2âs advanced real time position reporting by enabling users to integrate multiple reports into a single management report.
â¢Cash Forecasting Enhancements â intuitive new data management & integration functions, including the application of reporting time buckets across forecast and bank statement data.
â¢IFRS 7 Compliance â enhanced hedge effectiveness sensitivity testing, in which user-defined hypothetical market scenarios may be used to perform an effectiveness test on exposure/hedge relationships.
â¢External Market Value Import â a new benchmarking tool, to validate valuation results using market quotations or traded levels.
â¢Investment Management â flexible real time portfolio gain/loss reporting, for example by portfolio, legal entity and dealer.
â¢Instrument Coverage â Bermudan Swaptions, Credit Default Swaps, Reverse Stock Splits and Non-deliverable Forwards (NDFs) are added to the IT2 supported instrument set.
â¢Approval of Key Compliance Items â enhanced control of IT2 treasury process maps, management dashboards & reports, so that any changes must be approved by a second authorised user before the new version can become active in the live system.
â¢Printing Process Documentation â provision of user defined process, audit & training documentation in PDF format. IT2 reporting on all the approved processes produces a complete treasury Procedure Manual.
â¢Document Storage Facility â new function to attach any type of file to deal records in IT2, to enhance documentation and auditing facilities.
â¢Technical Enhancements â support for the latest Windows platforms SQLServer 2008, 64-bit SQL servers and Windows Server 2008, keeping IT2 in line with current technology advances.