Banking Operations
Asseco Treasury
Asseco Treasury is a system that enables central processing of transactions in financial instruments concluded either in the interbank market or with the institution’s own customers.
Asseco Treasury ensures comprehensive processing of transactions, from their initiation to maturity, while providing automatic support for transaction confirmations, settlements and valuation as well as their complete accounting treatment. Asseco Treasury is a software solution dedicated to banks, insurance companies as well as other institutions engaged in capital market investments. Asseco Treasury offers a wide range of treasury transactions and services. Asseco Treasury has been recognized by Gartner research firm and placed in their Magic Quadrant for Trading Platforms (2014).
Financial instruments and transactions
Foreign exchange transactions: - FX SPOT
- FX FORWARD, NDF
- FX SWAP
Currency options: - Plain currency options (AM, EU)
- Binary options (AM, EU)
Deposits:- Deposits made or accepted, credit lines
- Lombard loan, technical loan (intraday)
Derivative transactions: | Transactions in securities (buy, sell, block, transfer, BSB, SBB, Repo):- Bonds (fixed rate, floating rate, zero coupon)
- Discount papers (treasury and money bills, CD)
- Commercial papers
- Shares, fund units
- Mortgage notes
Issuance of debt securities:- Bank’s issuances
- Counterparty issuances
Cash operations:- Cash in, Cash out – Nostro account
- Transfers between Nostro accounts
- Banknote transactions
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Key functionalities
Straight-through processing of transactions
- Import of transactions from dealing systems (e.g. Reuters Dealing)
- Generation of transaction confirmations and payments as well as exchange of settlement messages with depositories of securities
Multi-level control of limits
- Monitoring of limits available to counterparties, bank and dealers
Online reporting on currency position and Nostro account balances
- Monitoring of the currency position and funds recorded in Nostro accounts (current balance, forecast)
Flexible mechanism for defining of accounting schemes
- Ability to define accounting schemes by business administrators
- SWIFT confirmations matching
- Reconciliation of Nostro account statements (MT940, MT950)
- Interfaces to external systems (including SWIFT, KDPW CPP, SKARBNET, BIK (derivatives)
- Interfaces to internal systems (general ledger, transaction system, electronic banking, data warehouse)
Archiving of business data
- After the retention period is over, transaction data are transferred to an archive database
Business benefits
Fully-fledged solution One solution to handle complete processing of transactions (STP), from their initiation to completion Comprehensive product offering: treasury transactions, back office transactions, issuance of securities, money transfers, interbank and internal transactions (negotiated with the bank’s own customers). | Short time-to-market Great flexibility in defining new products by business operators. |
High level of operational security Verification of transaction processing using the four-eyes principle (4EP). Advanced management of operator permissions with the possibility of restricting access at a business object level. | Reduction of operating costs Automation of transaction processing (STP). Intuitive user interface providing access to all data on conducted transactions, while allowing for complete control over the system. |
Technology stack
Programming languages and main frameworks | PLSQL DELPHI |
Database | Oracle Database Standard Edition |
User interface | Aplikacja MS Windows (Windows XP, Windows 7, Windows 8) |
Integration standard | Web service, Pliki, CORBA, PL SQL API |