Finastra, the financial services software, has upgraded its KTP treasury management software to enable corporate treasurers to execute front-to-back trades fully within its system.
By introducing a range of new functionality to its treasury management software, Finastra is aiming to ensure that corporate treasurers no longer need to access multiple tools to execute front-to-back trades, driving greater efficiencies.
The cloud-enabled platform now includes web-based, real-time dashboards, designed to support treasurers’ day-to-day operations with a consolidated view of liquidity and financial positions, offering a more intuitive and simpler user experience and providing greater consistency across geographies.
Finastra’s principal product manager, Eric Aillet, commented: “In today’s complex environment, treasurers need simple solutions to manage day-to-day operations. The updates to our Finastra KTP Corporate Treasury Innovation solution take full advantage of Finastra’s advanced technology stack and first-hand feedback from former treasurers, empowering our customers with a system which champions a proactive approach to treasury management.”
The enhancement is part of Finastra’s ongoing commitment to helping its corporate treasurer customers meet changing market demands.
Through this expansion, the software will enable faster time to market, simpler user experience, as well as error reduction. The dashboard updates also contribute to reliability, providing monitoring tools for error management. For example, with its technology, Finastra says the risk of accidentally inverting the direction of a transaction is dramatically reduced, as is the risk of double entries, inherent when multiple systems are in play.
Natively integrated with 360T and Finastra CMS, users can configure workflows to automate the processes from deal execution through to confirmation and settlement.
A dashboarding engine also delivers an easy-to-configure report engine for customising decision-making and managerial reports. With compliance also being an important consideration, the KTP platform includes the ability for treasurers to check directly with the front office to ensure best execution.
