Major North American Bank selects Realiti as the solution to its Intraday Liquidity needs
Planixs today announced that a major North American Bank has selected Realiti® to improve the bank’s intraday cash and liquidity management capabilities and ensure compliance with the Basel committee’s BCBS248 intraday monitoring regime.
Planixs’ Realiti solution allows financial organisations to consolidate in real-time millions of cashflows per hour and ensure an accurate, up-to-date picture of cash balances across all settlement accounts. Actual external activity is reconciled with expected cashflow projections to control liquidity requirements and usage in real-time. The ability to apply analytical science to this data provides intelligent insight to a bank’s treasury, risk and operations departments.
“We are delighted to have been selected by one of the top banks in North America as their solution provider of choice for real-time cash and liquidity management and to support regulatory compliance,” said Neville Roberts, CEO of Planixs. “We look forward to developing our future relationship with the bank and have further reinforced Realiti’s position in the market as the leading intraday cash and liquidity management software solution.”
Planixs’ Realiti continues to be the pioneering intraday cash and liquidity management solution with live implementations at global scale. Its SaaS or on premise delivery models and high performance and scalable architecture mean that Realiti can be deployed with minimal intrusion to a bank’s infrastructure, rapidly delivering business value.
Planixs provides cloud-enabled solutions that power any Treasury in any industry to become Real-Time with instant insight, rapid analytics, intraday control and agile liquidity. Realiti from Planixs is a complete suite of modules built to deliver instantaneous insight over vast data volumes with devotees across Funding, Liquidity, Compliance, Risk and beyond.
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.