Every company has a treasury department consisting of a CFO, financial staff, and technical experts to optimize cash flow management and working capital to rein in financial risks. Established markets are witnessing rapidly increasing economic activities owing to fluctuations in currency, changes in FX rates, and other challenges. This necessitates treasury departments to be well-equipped in terms of treasury efficiency, effective decision-making, and scalability to navigate and address any hardships that may arise treasury departments to be well-equipped to navigate and address any hardships that may arise. Discover how treasury management can help you.
Lack of visibility and control of liquidity.
IMS Treasury aids corporates in meeting their obligations with ‘Real-Time' data on liquidity and funding. Our certified connections with banks and custodians and standardized processes to manage cash positions and balances help treasurers easily identify liquidity threats and promptly take requisite actions.
The need for more visibility into money movement arises from managing multiple diverse connectivities and the incapacity to support their varied formats and protocols. The utilization of multiple systems to handle the money movement and fund management activities of a treasury leads to inefficiencies in the monitoring and reconciliation processes.
IMS Treasury facilitates the creation of payment messages adhering to all your counterparty or custodian's preferred protocols and messaging standards and displays real-time updates on the money being moved. The platform accommodates a wide range of industry-standard formats, including MT, MX, Excel, XML, and proprietary formats of Tier-1 Custodians, while supporting various protocols such as APIs, MQ Series, Webservices, and sFTP. Additionally, IMS Treasury offers integration capabilities with Order Management Systems (OMS), internal services, and external entities, enabling the automation of end-to-end money transfer workflows.
Fragile connectivity between branch networks, the central treasury department, and core banking systems presents a distinct challenge in effective financial management.
IMS Treasury encompasses the entire range of treasury operations, including money transfers against underlying settlement instructions. It seamlessly integrates with internal and external systems through the systems’ preferred protocols, ensuring a straightforward and unified implementation under one roof.
ECS Fin is an engineering enterprise that specializes in process optimization. We design software solutions with a systems approach to transaction processing.
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