Integrated global
treasury
management
Unifying treasury
operations to
optimise cashflow
Fusion
Banking KTP
Software overview
“
We needed to put in place a global
solution to manage cash positions
resulting from the recording of
financial flows, financial transactions
and cash pools; as well as to follow
the management of risks hedged by
derivative products. FusionBanking
KTP was the perfect
fit. The solution also feeds our
accounting systems and facilitates
group reporting which eases
monthly closures.
”
Elisabeth Vendeville
FusionBanking KTP is a fully integrated treasury management system for large and medium sized corporations. Consolidating data for use across the enterprise, core modules address the critical aspects of your treasury
operations on a single system for global visibility and control over cash positions and risk management.
By automating and optimising processes and delivering true straight-through processing (STP) our clients minimise manual interventions, reduce costs and see rapid ROI.
FusionBanking KTP’s modular
approach delivers stand-alone modules for cash management, trading and hedging, risk management, reporting and internal collaboration with your global treasury operations or affiliates. FusionBanking KTP is a proven solution deployed by over 160 corporate customers and 90 banks, with more than 7,000 users worldwide. The customer base comprises more than 200 live clients in 31 countries.
Consolidated treasury operations
Risk and regulatory constraints are part of everyday
life for treasury managers. FusionBanking KTP
provides the integrated, modular platform they need
to manage evolving cash management, risk,
reporting, compliance and accounting requirements
and adapt to constant change in global markets.
With a platform for subsidiary collaboration you
can centralise treasury management across the
international business.
Integrated global treasury management
Markets module
Cash management
module
Dashboard module
Risk management
module
IFRS
module Accountingmodule
Affiliates portal FusionBanking KTP
Freeing up the merged business to focus on competition
Formed from the merger of Gaz De France and the Suez Company, GDF Suez is the world’s largest global utility company. Post-merger, GDF Suez’s treasury function was similar in complexity to that of a medium- sized bank, with high transaction volumes and complex treasury operations. Its challenge was to effectively manage the increased risk, empower subsidiaries and support communications between the centre and the regions.
GDF Suez wanted to establish a full payment value chain across the organisation – from the capture of payments, processing through central treasury and on to the SWIFT network directly to the bank. It also needed to ensure full IFRS compliance at both a central and regional level.
The company chose FusionBanking KTP for its flexibility, robustness and breadth of offering. Today, GDF Suez uses the solution
for cash and deal management, with co-ordination across regions. The consolidated view it provides enables treasury to monitor activities centrally, creating reports and services for the regions as required. Increased visibility for subsidiaries reduces data duplication and cost, while a service-based approach to treasury operations ensures maximum value.
Overall, FusionBanking KTP has freed this multinational utility firm to focus on the areas of its business that provide a competitive difference.
FusionBanking KTP in action
Overhauling a corporate treasury solution
“
The whole group’s reporting
will be mapped onto the
system with valuation
calculations, IFRS
effectiveness tests and
postings as well as the
management of remote
subsidiaries input, all done
through FusionBanking KTP
web.
”
Elisabeth Vendeville
Global Project Manager, GDF Suez
The FusionBanking KTP
advantage
FusionBanking KTP
gives you all
the tools to manage and control your treasury
operations from a single, multi-asset platform.
It allows you to achieve real-timeviews of global cash positions by consolidating forecasts and cash reports from subsidiaries. With greater cross-treasury consistency and standardised processes you can gain consolidated views of risk and minimise the cost and challenge of maintaining regulatory compliance.
Global view
FusionBanking KTP provides a global view of positions based on all cash flows across your operations and financial transactions. You can manage and control activities with subsidiaries and banking partners, including real-time cash positions and the calculation of interest schedules.
Real-time data
Manage bank accounts (forecasts and actuals) providing the basis for real-time consolidated reporting that’s crucial to financial decision-making. With a single cash management engine you can drill down into cash flows in real-time across business entities.
Market risk, covered
With functionality originally designed for the trading floor, FusionBanking KTP provides full front-to-back office support for the financial instruments needed to manage liquidity and mitigate exchange rate, interest rate and commodity risk. It also handles debt management and delivers the transparency and reporting needed to obtain financing more quickly.
Proactive alerts
If there is risk, FusionBanking KTP can identify it. Operational, financial or counterparty risks can
be intelligently monitored and flagged automatically. The risk module enables financial institutions to manage risk efficiently and make faster, more informed decisions. A powerful, flexible calculation engine allows you to build risk indicators and drive the analytics to scrutinise simulation results in greater detail.
Internal collaboration
For a truly global view of the treasury operation, centralised cash
management is key. With an internal portal to interact and integrate with subsidiaries you can avoid managing spreadsheets and email exchanges outside of FusionBanking KTP. This drives risk transparency
and makes it faster to manage requests or view real-time cashflows across multiple entities.
Implement KPIs
Key Performance Indicators can be set against your global operation to guide business intelligence and measure the effectiveness of treasury processes, from subsidiary performance to P&L comparisons.
Process Control
Workflow control enables
entities to interact with one another using transparent processes that can be adapted to meet your specific requirements.
“
IFRS postings are
automatically produced
and are available through
FusionBanking KTP Web. A
full
straight-through-processing is now in place
ensuring that once a deal is
initiated in the front office,
all processes are automated
right through to generation
of local and IFRS GAAPS.
This allows us to avoid any
redundant captures.
”
Elisabeth Vendeville
Core processing
Benefit from full STP through to accounting, including full security and audit control, and built on a powerful reference database. Reporting facilities include over 200 pre-defined reports and an integrated report writer for custom requirements.
Affiliate portal
With a collaborative approach across the global business, the system can fully manage budgets and liquidity for total in-house banking and calculate banking fees for complete intra-group corporate cash management. The in-house banking portal provides the tools to perform cross subsidiary currency hedging, multi-lateral netting, subsidiary financing and transaction processing.
Product capabilities
Cash management module
The solution provides the real-time position keeping and consolidated reporting that is crucial to financial decision making. With the ability to drill-down into cash flows you can proactively handle internal current account management, including cash-pooling and zero balancing.
Market module
FusionBanking KTP is a multi-currency, multi-entity and multi-market tool that provides full
STP for front, middle and back office activities. It interfaces with the most popular data feeds and trading
platforms, providing real-time valuation and pricing. Standard reporting
formats give you a full audit trail with confirmation processes for deals and payments (SWIFT, emails, HTML files, paper, fax, etc.)
Risk management module
Comprehensive risk management is available for a wide range of
financial instruments, enabling detailed simulation and stress testing, powerful calculations and forecasting that incorporates market data, curves and volatilities. Cross-asset scenario analysis or P&L analysis is available in an integrated dynamic
Liquidity management
Manage all stages of periodic or depreciable bullet loans, lending or borrowing lines of credit, money market funds, shares and negotiable debt securities/bonds.
Debt management
In addition to short-term financing, FusionBanking KTP provides certificates of deposit and traded bonds used for debt management, via the issuing of treasury notes and commercial papers.
Product capabilities
Dynamic dashboards and premium reporting
FusionBanking KTP offers
a modern, flexible approach to global reporting, with dynamic dashboards and ‘smartviews’. Customisable, business oriented views can be designed to deliver the data needed by different users. You can combine historical logs such as transactions, payments and accounting to reduce the number of reports you need. A dynamic reporting environment enables you to create reports on the fly and add to the library of reports that already exist to monitor workflows and banking statistics, or analyse P&Ls across business entities including investment performance, net financial debt and so on.
Hedging and accounting
With a complete financial sub-ledger that’s easy to integrate with most ERPs, the solution allows for journal entries and trial balances for all treasury activities around the globe to be generated automatically. The system provides multiple charts of accounts and full support for hedge accounting and IAS 39 & FAS133/138 compliance. Hedging transactions can be processed and hedging relationships established irrespective of the underlying
instruments. This approach meets IFRS standards for effectiveness testing and accounting.
Swift connectivity
FusionBanking KTP
is fully SWIFT-ready, secured through a web-based payment factory. The system also provides FileAct support and SWIFT Accord management.
Professional services and customer
support
An industry proven
best practice
approach – that’s
the guiding principle of our professional services and
support model. Misys clients benefit from our long
track record of successful implementations.
Customer support
Misys clients benefit from the
expert knowledge of 1000+ resources worldwide whose primary function is to provide professional, scalable software support and maintenance.
Deep domain expertise.
Our technical and application support people have strong industry and product knowledge with continuous technical and industry training programs to ensure that Misys support teams can meet your evolving business needs.
Scalable support model.
As a Misys client, you can choose from a standard, professionalised support model or a specialised, premium support package depending on your needs. Because Misys support has a broad, global footprint that operates in all time zones and regions, Misys teams can scale to your requirements.
Valuable advisory services.
Our Systems Advisory Group (SAG) provides system reviews to help clients understand how to use their Misys systems more effectively and derive maximum value from their applications. Professional services
Best-practice delivery
The Misys delivery model is
incorporated into our entire product lifecycle. We leverage best practice business processes in the design, development and quality assurance of all of our products. While we acknowledge that one size doesn’t fit all in financial software, we know that a delivery approach that focuses on industry proven best practice process models helps our clients to save costs and benefit from the institutional knowledge Misys has developed across thousands of successful implementations. It means:
•Faster implementation: Repeatable delivery means projects are shorter and more predictable.
•Reduced TCO: Clear focus avoids unnecessary expenditure.
•Less risk: A standard, proven approach means many risks have already been mitigated. Centre of excellence
Co-located with our development teams, the 200-strong Misys Service Delivery Centre ensures that we share best practice both internally and with partners. It enables us to refine implementations offsite before taking them back to the client.
Proven, award-winning solutions
Risk Technology Rankings 2013
Overall Winner: Enterprise Risk Management Winner: Trading Systems Equities
Winner: Trading Systems Forex Winner: Trading Systems Rates
Winner: Pricing and Analytics Equities Winner: Liquidity Risk Management Winner: Regulatory Compliance
Winner: Reporting; and System Support & Implementation.
AsiaRisk Technology Rankings 2013
Overall Winner: Enterprise Risk Management Winner: Pricing and Analytics Equities Winner: Pricing and Analytics Rates Winner: Trading Systems Forex Winner: Trading Systems Equities.
Structured Products Technology Rankings 2013
Number One trading system
About Misys
Misys is at the forefront of the fi nancial software industry, providing the broadest portfolio of banking, capital markets, investment management and risk solutions available on the market. With more than 2,000 customers in 130 countries our team of domain experts, combined with our partner eco-system, have an unparalleled ability to address industry requirements at both a global and local level. We connect systems, collect data and create intelligent information to drive smarter business decisions. To learn more about how our Fusion software portfolio can deliver a holistic view of your operations, and help you to solve your most complex challenges, please visit misys.com and follow us @MisysFS on Twitter.
Misys and the Misys ‘globe’ mark are trade marks of the Misys group companies. © 2014 Misys. All rights reserved.
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