Trading On and Off Balance Sheet? Keep Track on “Treasury-in-a-Box"
March 11, 2010
An Indian technology consulting firm Thursday said it introduced an integrated front-, middle- and back-office system for administering the buying, holding and selling of on-balance-sheet and off-balance-sheet financial instruments.
Infosys Technologies of Bangalore launched what it called Finacle Treasury-in-a-Box, “a rapid implementation framework” for installing a front-to-back treasury system to support the trading, managing of risk and administration of on-balance-sheet and off-balance-sheet derivatives and other financial products.
With the framework, it said, banks can built custom systems with minimum time and effort. When done, the system will provide such bac- office processing capabilities as General Ledger accounting. It also has the capability to manage credit exposure, using Value at Risk calculations, manage limits and manage liquidity.
“Treasury-in-a-box” supports a wide range of financial products and their derivatives in foreign exchange, money, fixed-income and equity markets, Infosys said.
“Rapid implementation with controlled spending is of essence since banks can select the functions that matter the most,’’ according to Haragopal Mangipudi, global head of the Finacle business at Infosys.
