iGTB’s Algorithmic Liquidity Solution

Chennai (India) and London (UK), 19th October 2016: Intellect, the organisation behind the world’s first comprehensive Global Transaction Banking (iGTB) product and Platinum level member of Oracle PartnerNetwork (OPN), achieves 10 times faster benchmarks on Liquidity Platform running on SPARC T7 servers for processing transactions covering the key functions of corporate Algorithmic Liquidity Management (ALM). The iGTB solution can process over one million complex sweep structures at 7,516 instructions per second. It is also capable of processing over 200,000 transactions with up-to-three-months backdated sweeps in a little over three minutes; and over a million with full intercompany loan processing in nine minutes (1,692 per second).

Algorithmic Liquidity Processing automatically moves money held by corporations and banks around the world into investments to maximise its value, avoiding overdrafts, and to minimise risk of losing money. This huge daily activity is even more vital in a world of negative interest rates and real time payments. iGTB processes liquidity for a large number of corporations in the world through their banks using its Algorithmic liquidity management . The solution automates cross border, cross currency and cross bank liquidity management with no manual intervention. The resultant advantages of Algorithmic Liquidity Solution include best returns on idle balances and increased transparency for regulatory compliance.