BNY Mellon unveils new intraday liquidity analytics service

13 May 2013

BNY Mellon’s treasury services group has launched Intraday Liquidity Analytics. The new electronic e-banking offering aims to help corporate clients and other investors address liquidity transparency and intraday overdraft coverage requirements under the Basel III capital adequacy regime.

The addition of real-time liquidity analytics to BNY Mellon’s TreasuryEdge electronic e-banking platform is intended to help clients better manage the costs associated with intraday liquidity; to cut intraday overdraft facilities; and enable users to better manage payment flows. It will also provide clients with improved access to real-time and historical intraday cash and liquidity data across multiple accounts, presenting information in both graphical and detailed transaction formats.

Intraday Liquidity Analytics provides flexible and interactive tools for drilling down into problem time frames and transactions that are creating negative liquidity, claims the bank. The offering should also facilitate straight-through processing (STP) and increase the availability of internal manpower and resources, which can be more effectively deployed elsewhere.

“Helping clients deal with the new liquidity requirements under Basel III is another example of how providing insights and understanding, as well as data and information, has become indispensable to the delivery of effective liquidity and cash management services,” said Susan Skerritt, executive vice president (EVP) and global head of business strategy and market solutions for BNY Mellon’s treasury services group.

“Intraday Liquidity Analytics represents an important new dimension of service, and providing it on our TreasuryEdge platform makes it an integral part of our support for BNY Mellon clients.”

• The need for intraday reporting services under Basel III was much discussed at the recent SWIFT Business Forum in London.

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