Commercial Bank of Africa Uses Treasury Trader to Transform FX Operations
Commercial Bank of Africa (CBA), Kenya’s largest privately owned bank, has implemented Treasury Trader, a front-to-back office solution specifically designed by Temenos to support treasury functions. The solution synchronises a bank’s end-to-end operations to provide a seamless and transparent information flow with real time links to the market for instant and accurate data access and a wide range of risk, planning and analysis tools.
CBA runs a competitive treasury business which has accounted for a large proportion of its revenues. In order to maintain this profitability, CBA recognised the need to invest in a state-of-the-art software platform to boost efficiency and enhance the productivity of its dealing room.
“With Treasury Trader fully integrated to our core banking platform Temenos T24, we benefit from a single intuitive trading platform that delivers a centralised view of our operations to better serve our clients. Within the dealing room, we can organise and execute trading activities more effectively into flexible portfolios for every trading desk. Treasury Trader together with T24 enables our group to centralise and effectively manage all of our treasury operations from one point for increased efficiency and effective risk management,” said Eric Muriuki Njagi, enterprise programmes management, CBA.