Planixs, the leading provider of real-time cash, collateral and liquidity management solutions to global banking firms, is pleased to announce that it has been placed in the ‘top five’ in the Data and Data Management category as part of inFinite Intelligence’s Banking Technology Rankings 2023.
The first edition of inFinite Intelligence’s rankings attracted an exceedingly high level of interest, with 25 companies making the ‘top five’ list across five categories. Planixs has been ranked in the Data and Data Management category – with the firm being recognised for its excellence and technical innovation with its real-time treasury software, Realiti®.
Realiti provides banks with instant, real-time visibility and advanced analytics across all data. The software allows firms to optimise cash and liquidity, improve treasury processes, better manage liquidity risk, reduce overdraft and liquidity buffer costs and ensure regulatory compliance. With Realiti, organisations can meet global regulations including the UK PRA, the European Banking Authority and FED regulations. The solution also incorporates stress testing capabilities, allowing firms to apply a range of stress scenarios to understand, monitor and prepare to mitigate any intraday liquidity stresses and to help size liquidity buffers.
Founded in 2011, Planixs works with some of the world’s most prestigious global financial institutions such as Santander, Allied Irish Bank, Deutsche Bank, Scotiabank, National Bank of Canada (NBC), SIX Group, Banque Internationale à Luxembourg (BIL), Landesbank Baden-Württemberg (LBBW) and Lloyds Banking Group in helping them transform their treasury operations.
A representative for inFinite Intelligence stated “In this highly regulated sector, effective data management is critical not only from an operational, but also a compliance standpoint. In recent years, we’ve seen a new crop of FinTechs revolutionise financial firms’ data access and analytical capabilities, with a focus on data quality, timeliness, security, and privacy. Many financial services organisations are investing in advanced data management tools and technologies to help them make better decisions, reduce risk, and comply with regulatory requirements.”
Neville Roberts, Planixs’ CEO adds, “Data is at the heart of what we do – working with global banking firms, we have developed our real-time solution to transform the treasury function, providing banks with the tools to gain instant, real-time visibility across all their data for real-time liquidity control. We are delighted to be recognised by inFinite Intelligence for the capabilities we can deliver across data management.”
