Real-Time Liquidity Management Solutions
Now more than ever banks need accurate, timely, and proactive liquidity management and payments solutions. Siloed legacy treasury systems often result in incorrect or conflicting data and their lack of integration makes compliance with new regulations extremely burdensome. Treasuries need to adopt comprehensive, end-to-end solutions that support more effective real-time liquidity management on a single platform, thus enabling decision-making and actions that not only mitigate risk but optimise liquidity positions.
An integrated view for Cash, Collateral and Liquid Assets
Our Liquidity Management System is best-in-class in providing a fully integrated view for cash, collateral and liquid assets in Central Bank Money and Commercial Bank Money, enabling effective digital transformation of Banking Treasuries
ISO 20022 native and Cloud ready for SaaS delivery
Improved data governance through a single system providing business intelligence, operational support and liquidity risk monitoring and reporting
Improved data quality and automated tasks such as payments throttling, automated sweeping, integrated reconciliation
Supporting Basel3 BCBS 248 compliance
Improve collateral mobilisation and credit provision in Euro Central Bank Money through TAS solution to:
- Monitor and forecast collateral accounts and positions
- Manage Collateral Instructions, Marginal Lending, Credit Freezing and Maximum Credit Line
- Provide visibility on potential Collateral available (intraday and next days) and margin call
- Monitor Open Market operations and Corporate Actions cash impacts
Best-in-class solution for
Monitor and manage positions and transactions on NOSTRO and RTGS accounts
Take your liquidity management to the next level for ECB accounts
(CLM, RTGS, T2S, TIPS)
BCBS 248 & Intraday Liquidity Stress Testing
Monitor real-time intraday liquidity across payments and collateral
Manage and monitor securities settlement in realtime through a single dashboard
Central Securities Depositories Regulation
Improve securities settlement efficiency
Some of our clients
TAS @ EBAday 2023
20 – 21 June 2023 | THE IFEMA, MADRID
Advancing next generation payments – a quest for global interoperability
EBAday is coming back to Madrid this year, and we are excited to be among the sponsors of the event once again.
Fintech Finance interviews Mario Mendia
At Sibos 2022, we sat down with Mario Mendia, the Senior Vice President of International Markets at TAS Group, to discuss the emergence of payments-as-a-service and its potential in making banking more accessible to all possible demographics.
Looking at the trends at this year’s Sibos, Mendia is most excited about the digital developments in cross-border payments and CBDC, and the growing presence of cloud technology in major financial institutions.
TAS @ Sibos 2022
10 – 13 October | RAI, Amsterdam
Sibos is back in-person and TAS is again among the official exhibitors. We can’t wait to meet you in Amsterdam where SWIFT will host a full conference programme and exhibition, along with a wide range of networking events. The agenda will feature business leaders and topic experts from across the financial community and beyond, discussing the most impactful trends in technology, regulation, risks and sustainability. If you can’t make it in person, join Sibos virtually by connecting to the digital conference experience that will extend Sibos to delegates around the world.
Stop by our booth D76 to share insights on the latest trends on digital payments, liquidity management, payment schemes connectivity, open banking and much more.
Interest is growing in the Aquarius User Group initiative, whose last meeting was held on April 20 in Milan, with over 70 participants including representatives of the major financial institutions and service centers committed to meeting the Eurosystem deadlines.
The working group, coordinated by TAS in collaboration with Accenture and KPMG, took stock of the progress of the ECMS project, illustrating the new documentation being released by the ECB and all remaining regulatory milestones impacting on the banking community. A live demo of TAS Aquarius ECMS component was presented, focusing on the monitoring and management fuctionalities designed around the Eurosystem’s new unified Collateral Management system. On top of collecting feedback from the first 10 clients that have adopted the new Aquarius module, the meeting was a valuable opportunity to present and discuss additional value-added features that will be provided by Aquarius in order to offer, beyond the full compliance with the new ECMS requirements, also several scalable functions managing further forms of collateral.
An update on the T2-T2S Consolidation project was also part of the meeting agenda, with a deep-dive into the topic of testing, now in its most intense phase, as well as a summary of the upcoming activities defined by the ECB before the Go Live scheduled for 21 November.
Liquidity Is Your Financial Institution’s Most Valued Asset
David Chance and Mario Mendia speak to Finextra TV about the need for accurate, timely, and proactive liquidity management and payments solutions…
Fiserv selects Aquarius to unlock real-time 360° visibility into liquidity positions for Financial Institutions
Today Fiserv, a leading global provider of payments and financial services technology solutions, announced the availability of superior liquidity management capabilities through the introduction of TAS Aquarius offered in combination with its Enterprise Payments Platform.
The collaborative approach between Fiserv and TAS in the Banking Treasury space will allow financial institutions to accelerate their digital strategies through best of breed technology.
Payments modernisation – challenges and opportunities for Bulgarian banks
The webinar, organized by our Partner Fiserv, is now avaiable on demand …
The European collateral management system migration is approaching and its impacts may be wider than expected
SIBOS MEET THE EXPERTS SESSION
The Eurosystem Market infrastructure has recently gone through unprecedented changes: with T2S, TIPS, ESMIG and the Target2 Consolidation we are seeing quite a revolution, maybe for this reason the last step of the programme, ECMS, seems far from the industry spotlights.
The Migration to the European Collateral Management System will mandatory happen in November 2023, with consequences and impacts that may be wider than expected.
Based on ISO20022 standards, with ECMS the central banking collateral mobility takes a step forward, integrates with T2S and Triparty services, providing the opportunity of smoother funding across Europe but requiring higher cybersecurity standards from all participants, new billing standards (CMH-TF) to CSDs and Custodians and better visibility of available liquid assets across the bank’s different businesses.
Many banks have already completed their ECMS assessment: can they afford this evolution keeping manual activities and fragmented processes or does their collateral management need a digital acceleration?
Mario Mendia, Senior Vice President – TAS
Roberto Bruschi, Executive Subject Matter Expert Capital Markets and Treasury – TAS
TAS strengthens its Aquarius suite in the vertical dedicated to the Securities Settlement Management
- immediate loading and management of received reports, whether in standard or proprietary format;
- calculation simulations to verify the penalties applied;
- data extraction to create statistics and highlight the riskiest situations;
- User dashboard, to monitor the daily and monthly trend of the penalty amounts, with aggregated and detailed data reachable with a simple drilldown mechanism;
- penalties total amounts forecasting ;
- Risk Dashboard to highlight potential buy-in situations, with dedicated analysis depending on the financial instrument type.
The Covid-19 Pandemic and the Liquidity Management Ecosystem
This short paper, recently issued by the EBA Liquidity Management Working Group (LMWG), highlights the major trends that the pandemic helped crystallise in the liquidity management ecosystem and outlines the questions that financial institutions will have to address as they continue to support their corporate clients.
TAS Group has been part of EBA’s Liquidity Management Working Group for several years already, in order to contribute with its domain expertise to the group’s mission to improve liquidity managers’ understanding and ability to face ongoing market developments as well as related technical, operational, regulatory and organisational challenges.
The migration of liquidity management practices into the digital area and to real-time processes can’t wait longer. The pandemic crisis has shown that, going forward, corporates need technologies and services that can be more readily adopted or more easily adapted to handle unforeseen situations.
Get in touch to discover how we can help in achieving your business goals