2020 was a different year to say the least, but it has put the spotlight on the tools that you use everyday to manage your job more efficiently. Our product development team has worked hard on a number of new and improved features to Treasury Systems that will make your life easier. We wanted to highlight a few of them for you.
Reconciliation of bank accounts
Start by choosing account to reconcile
View of all unmatched payments generated from TS
View of all unmatched corresponding transactions from statement file
View of the suggested ambiguous matches made by TS
View of the matched payments and entries
Revaluation of bank accounts
Make your month-end closing easier by letting TS automatically revaluate all bank accounts in foreign currency and send to your accounting system. The advantages by doing this in TS is that all transactions and FX rates are already there and you get a complete and updated general ledger at the same time.
Book asset / liability in cash pools
During month end all companies with cash pools must book intercompany receivables and liability on the outstanding balance for all bank accounts in the cash pool, including counterparty codes. This can now easily be done in TS with one booking per bank account.
Pre-close on Commercial Papers
We are introducing the possibility to close Commercial Papers before maturity. Simply press the “Close” button to initiate the pre-close event registration. Complete with realised / unrealised accounting calculations and correct cash flows.
Click here start pre-close registration
Send confirmation letters, internal bank statements, management reports and more to your internal stakeholders for better documentation and follow-up. You get complete control over design and content as well as distribution rules and criteria.
Can be distributed to each subsidiary or a selected group of email addresses with complete control over email subject, body text and output format. The receiver of the reports does not need to have access to Treasury Systems.
Market valuation of CCIRS
Treasury Systems now supports importing and automatically creating highly sophisticated market valuation curves including tenor and currency spread for a more accurate valuation of cross currency interest rate swaps (basis swaps). The valuation can be shown in reports as well as exported via the accounting view.
Matching with FXall Settlement Center & Finastra Fusion
Let the Autopilot send all your deals based on rules to the matching service and automatically confirm all matched deals. Everything to be sent and sent for matching are presented in real time on the start page and can be reviewed in the Confirm view.
Deal import via Nordea and SEB API
We are now offering plug-and-play integration to Nordea Trade Retreiver API and SEB Trading Station API for secure and stable import of executed deals. Once executed in the bank, trades are automatically imported complete with tag mapping and accounting.