SwallowTech releases its latest liquidity management tool.

5 November 2014

Swallowtech have enhanced their SMART Predict solution giving their users the ability to comply with the forthcoming regulatory reporting requirements. Their Intra Day Liquidity Monitor enables users to actively manage all intra-day liquidity positions under both normal and stressed conditions as defined by the user. Reports can be generated for internal and external use detailing min, max and average balances. Trend analysis can be carried out using the systems historical data, highlighting peaks and troughs, and identifying patterns that can be used to optimise future funding requirements.

The SMART Predict cash management solution derives cash flow movements from transaction feeds it receives in a variety of standardised and proprietary formats and amalgamates this information with in-coming and outgoing SWIFT messages, providing a multi stage cash flow projection from predicted movement through to finality of receipt and a real time reconciliation. Front, Middle and Back Office have a global, consolidated real-time view of all cash and liquidity positions for both Actual and Forecast balances supporting optimal funding and lending opportunities.

SMART Predict helps to address 6 of the operational elements that should be included in a banks strategy for managing intraday liquidity risk as defined by the Basle publication Principles for Sound Liquidity Risk Management Supervision.

Benefits include auto and manual sweeping, actual versus predicted balances, intra day certainty, system and transaction independent.

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