Ghana International Bank select Realiti® as Intraday Liquidity Solution
Ghana International Bank plc (GhIB) has selected Planixs Realiti® software to improve its intraday liquidity management capabilities and to ensure its compliance with the Basel committee’s BCBS248 intraday monitoring regime
Realiti® can allow financial organisations to consolidate millions of cash flows per hour, in real time, to ensure they have an accurate, up-to-date picture of cash balances across their settlement accounts, comparing projections to actual external balances, and is able to control liquidity requirements and usage every minute of every day.
“We selected Realiti® as it is the most comprehensive solution in the market to address our intraday liquidity monitoring tasks.” said Sam Reynolds-Boison, Head of Finance. “Having been impressed by Planixs’ capability and industry knowledge in our evaluation, GhIB can look forward to a holistic view of our intraday activities and enhanced control of our intraday liquidity risk.”
“GhIB conducted an exhaustive evaluation – we are delighted to be selected as their solution provider of choice and look forward to developing our future relationship.” said Neville Roberts, CEO of Planixs. “Their selection of Realiti®, alongside a number of other new clients, further demonstrates the applicability of our solutions to banks of any size”.
Planixs’ patented Realiti® is the only commercially available Intraday Liquidity solution with live implementations in the industry today, providing real time insight into credit and liquidity usage. Its SaaS model, and high performance and scalable architecture means that it can be deployed with minimal intrusion to a bank’s existing infrastructure, rapidly delivering business value.
Ghana International Bank plc is a Ghanaian-owned bank in the City of London, authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. It has a strategy of positioning itself as the correspondent bank of choice for medium sized financial institutions and providing corporate banking services to its target markets across Africa.
Planixs provides cloud-enabled solutions that power any Treasury in any industry to become real-time with rapid analytics, intraday control and agile liquidity. Realiti from Planixs is a complete suite of modules that creates a real-time, liquidity-based view of the organisation and delivers instantaneous insights over vast data volumes with devotees across Funding, Liquidity, Compliance, Risk and beyond. Realiti’s clients are a range of banks of all sizes, including G-SIBs such as Deutsche Bank and Santander and D-SIBs such as Scotiabank, NatWest and Lloyds Banking Group.