It’s no surprise that payments remain the #1 focus for banks looking to get the best business advantage from their technology investments. The #2 focus? Liquidity [Celent 2013 survey].

The reason is simple. The global financial crisis of 2008 was precipitated by a crisis in liquidity. As a result regulators are demanding more systematic liquidity management and, within banks, stronger awareness of liquidity pricing implications is also increasingly required. Since then, banks have realized that an enterprise approach to liquidity monitoring and management, particularly intraday liquidity, is essential to maintaining competitiveness. Indeed, regulators leave the industry with little choice, with Basel III, BCBS 248, ILAA, ILAAP,  and a host of global and local regulatory compliance requirements crowding out the innovation budget.

Dovetail’s Liquidity Management Solutions offer banks a way to position liquidity management as a driver of business advantage, above and beyond mere compliance. Treasurers and liquidity managers can now have unparalleled visibility into end-of-day and intraday conditions, across all currencies, legal entities, and direct and indirect clearing relationships, in real time. Providers of correspondent services can create new service offerings based on a deeper understanding of their customers’ behavior. And, yes, compliance and risk officers can be confident that their bank can demonstrate excellent liquidity management to regulators.

Dovetail’s Liquidity Management Solutions integrate rapidly into a bank’s existing environment without affecting mission-critical transaction processing infrastructure. They come with a range of options to support a variety of business needs, ensuring the broadest possible return on a bank’s technology investment.

A bank should actively monitor and control liquidity risk exposures and funding needs within and across legal entities, business lines and currencies, taking into account legal, regulatory and operational limitations to the transferability of liquidity
Basel Committee Principle 6
We selected Dovetail as they demonstrated a keen understanding of the complex and exacting requirements of the intraday environment. Having gone through a remarkably short implementation cycle, pulling in cash flow events from multiple systems across the bank, we now have a centralised, normalised data set with which to view the business as never before. We are already using the data with internal departments, external customers and in our discussions with multiple regulators. We are immensely proud of this triple win that enabled us to deliver significant internal business and customer value on the back of a necessary regulatory spend.
MD Intraday Liquidity, Leading global transaction bank

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Intraday Liquidity Management Solution

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BCBS Intraday Liquidity Monitoring Solution

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