ION is the winner of this year the Best White Like System Award. Luke Leonard, the head of the Wallstreeet Suite in ION, is discussing the technological foundations of the Ministry of Modern Treasury.
Global financing: What are the benefits and technology required for “actual time”?
Luke Leonard: Moving to the “actual time” provides both credit and operational. Credit advantages include a more aggressive cash cash management through the actual time accounting expected at the end of the day, which liberate money for investment and reduces benefits and/or fees. In operational aspects, it provides the actual retrieval of the front office trade of risk managers with a complete vision of currency and financing needs throughout the day. The required technology includes choosing a TMS system (TMS) with a real -time structure and ensuring that TMS and the surrounding systems can communicate in actual time via applications programming facades.
GF: How can the treasury function develop from the role of transactions to a more strategic partner?
Leonard: Innovative Treasury teams can take advantage of artificial intelligence and predictive analyzes of accurate monetary predictions and risk modeling, while the main information panels and performance indicators provide actual time visions that can make leadership decisions. Ion Treasury provides multiple algorithms for machine learning, from an integrated statistical average of automatic decline (ARIMA), to deep learning across nervous networks, to improve the accuracy of monetary prediction and reduce the time you spend in every unique time series.
By leading hedge strategies and addressing cybersecurity risk, the Treasury can play a major role in enhancing the organization’s total risk management framework.
GF: How to merge the ion platform and normalize data from various sources to provide a comprehensive vision of analyzes?
Leonard: It merges the ION platform and the normalization of data from various sources, including trade, bank data and market data, using standard programming facades. All business data coincides with the ionic treasury analyzes in actual time, and the logically associated data is unified with multidimensional cubes for comprehensive treasury reports.
GF: How does Ion’s new payment center improve liquidity and working capital?
Leonard: The ION Enterprise Payment Center provides liquidity vision in actual time by integrating cash flows via ERPS, human resources systems, TMS and banks. This enables the decisions of financing and investment in the short term, which reduces the open clouds and interest costs through automatic and sweeping assembly, as well as transaction fees through payments between payments. The improved vision of working capital management improves by improving the timing of payment and reducing temporary stores of the bank account. Central payment processing also reduces operational risks and fraud through controlled approval flows, penalties, checking the seller account, and anomalous discovery in payment.
GF: What are the main improvements in the new version of Wallstreeet Suite?
Leonard: The actual time concentration of Wallstreet Suite and risk management has been strengthened by expanding trade import capabilities to ensure that risk functions are always updated. Real -time integration options support the receipt of executions from a wide range of commonly used trading platforms, including Bloomberg, Tradeweb, Marketaxess, FXALL, 360T, LSEG/Refinitiv FXT and many more. Users can import and process deals in actual time from any custom sources.
For institutions that manage foreign exchange exposure, Wallstreet Suite now supports the steering policy of hedge policy from foreign currencies with targeted hedge rates for specific groups of exposure, offering, and entities currencies. Automatic processing can be tightly scheduled to create orders for additional FX hedges and loaded on the implementation trading platform. The new version of Wallstreet Suite comes with intense support for installation, evaluation and risks, average risk -free analyzes that indicate loans, paper and derivatives. A wide range of simple and compound agreements are supported and remained in evaluation and analyzes.
