Www.axletrees.com Axletree Solutions Our expertise, your advantage Building an efficient pipeline...

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w w w . a x l e t r e e s . c o m

Axletree SolutionsOur expertise, your advantage

Building an efficient pipeline for your bank communication

Presented by

Mohan MuraliPresidentAxletree Solutions

Introduction

Treasury department’s traditional expectations

Market Pressures and changing landscape

Emerging technologies

Cost reductions and enhanced efficiencies

Industry direction

Case Study : Acme Corporation

Company Overview:

• Global technology company• ERP application with Cash

Management Suite• Diverse banking relationships

• Primary with three• Secondary with several

regional and local banks

Acme Corporation

Operational challenges

1. Multiple banking entities

2. Multiple data feeds: >20 systems

3. Minimal standardization of formats

4. Minimal system integration

5. Manual Processes

6. Over worked staff

Treasury Organization Bank

Bank B

Bank D

Bank E

Conceptual view of Acme’s banking communication

Bank C

Current – Partial Automation

Treasury Process Flow

Projected - Fully Automated and Integrated

TreasuryBanks TMS

Treasury

Business Objectives

Business Case and Analysis of process automation

Technology enabled solution

Technology Solution Partner

System integration and Implementation

Building the Solution

A N A L Y T I CS

RE P ORT I N G

DA T A A R CH I T E CT U R E

S Y S T E MS & B U S I N E S S P R OCE S S E S

CON N E CT I V I T Y

· FORECASTING

· SCENARIOS

· RELATIONSHIPS

· STATIC

· MANAGEMENT

· MBO / MBE

TWS / RISK / RECON / BAMCOMPLIANCE / TRADING

· STORAGE· EXTRACT· TRANSFORM· LOAD

BUSINESS DRIVERS / ROLES

· Balances· Transactions· eBAM· File Transfer· Trades / Settlement

DIRECT TOBANKSOTHERSDATA

AGGREGATORSE X T E R N A L

I N T E R N A L

SWIFT SITS IN THE CONNECTIVITY SECTION OF THE TREASURY TECHNOLOGY STACK

TREASURY TECHNOLOGY STACK

SWIFT plays vital role in the connectivity portion of the stack.

Analytics connects to Systems and Data for reporting and modeling scenarios – as well as adding dimensional views.

Treasury Technology Stack

Courtesy: Strategic Treasurer

Center of the Chessboard vs. Best of Breed

Capabilities

Treasury Technology Trends

Corporate

Accountspayable

Accountsreceivable

Treasury

Standardized

gateway

Corporate

e-banking Y

host to host X

e-banking Z

Internet

Leased line

Accountspayable

Accountsreceivable

Treasury

Multiple bank channels Single, standardized gateway

– Global visibility on cash– Lower cost– Increased control and security– Reduced risk

– High cost– No global visibility on cash– Impossible to centralize

SWIFT: A single standardized gateway

SWIFTNet

SWIFTNet interface

Treasury ManagementSystem

ERP One standardized channel One security scheme Tight integration with applications

An essential building block ofcorporate payment factory

Transfer payment files

SWIFTNet

SWIFTNet interface

Treasury ManagementSystem

•No need to consult separate websites•No need to transfer files manually

Better global visibility

Integrate directly into TMS

• Obtain visibility on cash across multiple banks, to improve working capital managementFunds visibility

• Reduce administrative work to document bank communication processes (SOX)Compliance

• Better control on payment initiation• Increase overall security and reliability

Control, Security, Reliability

• Rationalize multiple proprietary connections, all different

• Increase straight-through-processing and staff productivity

Cost savings

Key benefits of using SWIFT

Electronic Statements

(3SKEY)

• Compliance• Control• Cost Savings

Enriched Data (XML)Concept – Positional vs.Tagged RecordsPosition: 8,400321,575,20111115,USD,50000000Tagged: Detail Record-8, Account Number 400321, Transaction Type: Inbound Wire, Date: 15Nov2011, Amount: +USD$500,000.00

New Tool sets In or through SWIFT

A/P A/R

Trade Finance

Payroll

Fully integrated and automated treasury operations

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