Major Indian Commercial Bank selects Intellect® OneTREASURY to centralize its treasury operations and fuel its growth plans

Integrated solution which manages the risk of core activities and enhances productivity

  • On Demand FX positions, Liquidity positions and Risk positions for improved investment and funding decisions
  • Increased operational efficiency by leveraging a single trading and risk solution
  • Compliance to regulatory ask by integrating banking and treasury book positions
  • Pre-Trade risk analysis and limit monitoring
  • Highly parameterized deal query tool
  • Ability to interface with external platforms such as FXCLEAR, SWIFT etc.
  • Excel style look-and-feel, features and floating windows

The client is one of the oldest and major commercial banks in India with over 3300 branches across the country. Today, the bank has expanded its operations both on domestic and overseas fronts.

To support its market expansion activities the bank needed to integrate its treasury operations, add support for additional asset classes and ensure that its systems are compliant with latest RBI regulatory guidelines.

It required a browser-based centralized treasury system that could eliminate manual interventions and improve risk management capabilities. The system should have the capability to provide the management with a better view of organization-wide liquidity positions and risk numbers.

Intellect deployed its complete front-to-back Straight Through Processing web-enabled cross-assets solution covering multiple asset classes (Foreign Exchange, Money Market, Fixed Income, Derivatives, Equity & Mutual Funds and Bullion) with multi-entity support. The solution provides a complete coverage of functions from deal-capture, processing and limit management to accounting entry generation and final settlement. A thirdparty risk engine was leveraged to provide market risk analytics.

The online interface between front-office and back-office systems, reduced reconciliation time, increased efficiency of deal processing and provided an integrated solution that was compliant with RBI guidelines. Using the solution the client was able to automate and centralize its treasury operations, which led to increased trade volumes, increased profitability, reduced processing errors and reduced manpower requirements.

About iRTM

iRTM comprises of three comprehensive solutions catering to the needs in Treasury, Liquidity Risk and Capital Markets domains. The world's largest treasury operations is run over iRTM's solution. iRTM solutions are designed to deliver extreme performance, ensure regulatory compliance and provide an unmatched customer experience. With 68 implementations across 90 countries, we are a brand which progressive firms can rely on to power their banking & capital markets businesses.