More NewsFundtech Introduces PAYplus Liquidity Manager

Fundtech Introduces PAYplus Liquidity Manager

Fundtech has announced the introduction of PAYplus Liquidity Manager, a system that helps banks track and manage their global liquidity more accurately. PAYplus Liquidity Manager consolidates all positions into a single system, enabling banks to improve their liquidity control whilst lowering their exposure to risk and errors. With this tool, Fundtech believes banks can reduce borrowing costs while maximizing investment income. PAYplus Liquidity Manager allows financial institutions to automate the collection of transaction information; track liquidity positions from multiple systems and entities; and to actively manage the flow of funds. “Currently, very few banks have the centralized data and analytical tools needed to forecast intra-day cash positions. PAYplus Liquidity Manager is a rules-based solution that meets this need by ensuring more efficient control and management of multi-currency, multi-bank liquidity assets across bank accounts, clearing systems, and central bank channels,” states Michael Sgroe, President and COO at Fundtech.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha