Cash is the lifeblood of a corporation and the effective management of cash has long been recognised as a vital ingredient to business success.

The ongoing liquidity squeeze just re-emphasises the importance of credit and funding for corporations, and for banks: cash management is now perceived as the number one ‘anchor’ within the bank-to-corporate relationship compared to 10 to 15 years ago.

And although many banks initially resisted offering more cash management services, two factors have made this area a top priority for banks:

• Firstly, banks are experiencing an unprecedented level of pressure to find ways in which to compete for corporate customers’ business
• Secondly, those customers are placing increasing demands on banks to provide greater value and improved customer service

Our solutions

Technology is a key enabler in this process and Misys offers two solutions to help banks address the challenges of today’s market:

• Misys Global Cash Pooling enables banks to offer their corporate customers advanced cash pooling services across multiple currencies, countries, banks and time zones…at a low cost
• Misys Cash Portal helps banks to reduce costs, improve customer loyalty and drive profitability by providing a common front-end infrastructure for transacting with clients

Downloads

• Executive brief: The impact of regulation on cash pooling
• Executive brief: How technology is liberating the flow of cash
• Finextra survey: The Future of Transaction Banking