Sybase, Inc., an SAP company (NYSE: SAP) and industry leader in enterprise and mobile software, today announced a new release of SybaseÂ® Liquidity Management Suite (LMS), providing the global financial services industry with a variety of new modules enabling native support for Sybaseâs relational database management system and analytics platform. Further demonstrating Sybaseâs leadership in analytics for capital markets, Sybase LMS consolidates payment and transaction information in real-time, across multiple systems, to provide a comprehensive enterprise-wide capability for managing operational liquidity, supporting optimal use of operating capital while minimizing operation risk.
âGiven the fact that business-as-usual Liquidity Risk Management processes contributed to the financial crisis, the need for powerful, flexible and customizable LRM solutions is resoundingly clear in this post-crisis era,â said Aite Group Senior Analyst John Jay. âSolutions like Sybaseâs Liquidity Management Suite provide a portfolio of mission-critical functionalities, which can be made operational quickly, across enterprise-wide and more granular business liquidity views to meet the current environment of risk, compliance and regulatory conservatism.â
The latest version of Sybase LMS provides significantly enhanced capabilities for more granular intra-day liquidity risk analytics and reporting. Integrated with Sybaseâs award-winning column-based database, Sybase IQ, the Sybase Liquidity Risk Manager module enables bank treasuries to track positions in real-timeâfrom a top-of-the-house understanding of overall liquidity risk, to deep drill down for various asset classes, entities and business units.
âIn times of restricted credit and volatile markets, liquidity management is getting a lot of attention,â said Jeff Wootton, Senior Director, Product Management at Sybase. âSybase Liquidity Management Suite provides bank treasurers and funding managers with more timely information, consolidated from across the enterprise, in order to more closely manage current liquidity and to make timely, strategically sound funding decisions.â
The enhanced LMS suite also offers a market-leading centralized, multi-entity solution that is designed expressly for the needs of treasurers and funding managers in managing short-term liquidity. The Cash Flow Manager and Collateral Manager modules now offer native support for Sybase ASE, providing the ability to store all transactions collected by the LMS in Sybase ASE as the database-of-record. The enhanced Liquidity Risk Manager now supports Sybase IQ for scenario modeling, providing greater granularity of analysis than was previously available.
Importantly, the financial crisis made it evident that greater sophistication in reporting and analysis is required to ensure that financial institutions have real-time insight into their short term liquidity. Capital adequacy may be appropriate for long term management of liquidity risk, but in the short-term, only a cash flow analysis will provide a true picture. This enhanced capacity takes on added weight with the approaching implementation of Basel III, which calls for banks to have systems in place to manage short term liquidity.
Sybase Liquidity Management Suite is uniquely suited to meet the need for increased compression of reporting cycles as part of heightened regulatory demands for liquidity reporting. Employing streaming technology based on Sybase CEP technology, LMS enables banks to accurately determine and predict the appropriate levels of liquidity and collateral at low-latency speeds on a par with the speed of trades. The result is the only intraday liquidity management application suite of its kind designed for treasurers and funding managers.
Sybaseâs leading financial solutions include advanced data management and analytics that improve trading, risk management, compliance and market data management across the enterprise.