Manchester, London, Frankfurt – February 26, 2025 – Planixs, the leader in real-time treasury and liquidity management solutions, confirms full coverage of the recently announced ECB Sound Practices for Managing Intraday Liquidity Risk.
ECB Sound Practices for Managing Intraday Liquidity Risk
In November 2024, the ECB published seven principles for managing intraday liquidity risk. These principles are designed to help financial institutions mitigate the potentially cascading impact of intraday liquidity shortfalls, especially during stress situations – a risk continuing to grow in intensity and complexity. This is an important step for the ECB and the banking industry across Europe. It is the first time a regulator has formally documented the principles and practices it expects for managing intraday liquidity risk.
For financial institutions, recent events have highlighted the catastrophic impact that liquidity shortfalls can cause not only on the individual institution but on the market in general. Firms who embrace these published ECB Sound Practices will not only be regulatory compliant and avoid intraday liquidity buffer add-ons but also reap significant benefits including optimising liquidity costs, lowering liquidity risks and increasing resilience.
Planixs Realiti Coverage
After a detailed study of the ECB Sound Practices and in consultation with customers and the industry, Planixs can confirm that its Realiti solution provides 100% coverage for all IT solution and insight related practices. Any bank that is supervised under the ECB can be confident that they will be compliant with the published practices and realise the rewards for doing so.
“We are delighted that the ECB have formally published the Sound Practices for Managing Intraday Liquidity Risk. Every bank in Europe will be investigated if and how they meet these requirements and with Realiti’s full coverage of these practices, Planixs has the answer for all these institutions,” said Neville Roberts, Planixs CEO. “We stand ready to assist all ECB regulated banks on their journey to compliance against these practices with our proven Realiti solution suite, together with our partners.”
Next Steps
Planixs launched their ECB Sound Practices analysis offering early in January 2025 that conducts a short series of workshops to assist banks in analysing the practices against their current IT solution capabilities. These have already proven extremely useful to several banks to plot a roadmap to full compliance.
We welcome any bank to reach out to the contact below to discuss how we can help them achieve these benefits.
Register for our webinar on Navigating the ECB’s Intraday Liquidity Guidelines on March 13th to explore the key challenges a bank faces in implementing the ECB’s ‘Sound Practices’ with practical insights into how to address them effectively.
About Planixs
Planixs is the leading provider of real-time treasury and liquidity management solutions. Our Realiti suite offers comprehensive functionality to deliver real-time insight, optimize liquidity usage, and enhance risk management for financial institutions worldwide.
Contact Information
Jonathan Broadley
Marketing Director
Planixs
jonathan.broadley@planixs.com
