Algorithmic liquidity at the heart of corporate cash flow
Cash is important for every corporate: big or small, banking in a single country or in many, operating in a single currency or hundreds. iGTB’s algorithmic Liquidity Management solution helps the treasurer to move surplus cash or fund shortfalls to where they are safest and can be deployed most cost-effectively: in the case of shortfalls, moving the funds from accounts with surplus funds to reduce or nullify the interest to be paid.
Componentized modules work together to automate the flow of cash across the corporate, as required.
Today’s corporates want cash mobility, along with options to retain and grow the cash in hand. Traditional liquidity management was limited to static sweeping. Algorithmic liquidity, on the other hand, helps treasurers to reduce interest costs using mathematical models; transact even on accounts with TPB through a single system; and maximize investment returns by making cash work 24/7, using the follow-the-sun model.
iGTB Physical Sweeps is a global solution for managing automated and manual fund transfer between accounts, based on algorithmic liquidity. It offers both domestic and cross-country physical sweeps. To maximize yield on the corporate customer’s daily cash, the system helps to consolidate surplus balances and deficit balances at a pre-defined period into one concentration account. Under a physical sweep structure, balances in multiple accounts and multiple currencies are physically transferred from participating accounts to a designated concentration account in a single bank or across banks.
Cross-border, cross-currency sweeps to optimize interest cost
Parameter-driven approach for interest calculation and distribution
Special offerings for regulated markets
Flexibility to work with multiple back-end systems
Interface layer allows new interfaces to be added without disturbing the product
Built on SOA principles for ease of customization
Default set-ups to reduce data entry errors by staff
Sub-product creator enables rapid launch of new products
Quick input for faster, error-free data entry by operations
Multi-bank cash concentration
Cross-currency, cross-border branch consolidation
Funding deficits sweeps
Tax saver sweeps
End of day - most commonly used for consolidation and overnight investment
Start of day – for funding operative accounts
Intra-day – when investment opportunities during the day are met
Event-based sweeps: ‘smart movements’ basis triggered by pre-configured events
"Single Installation, multi country rollout with support for multiple regional regulatory requirements”
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iGTB is your platform to power your way to principal banker position.Designed for complexity reduction between banks and corporate customer operations, our technology assures enhanced operational productivity, while you deliver addictive customer experience.With 7 of the top 10 global transaction banks running on our solutions we are the authority progressive banks rely on to realize their GTB ambitions.
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