Technology Tools for Treasury

Transcription

1 Technology Tools for Treasury Karen Willis Partner Elire Betsy Clark - Senior Cash Manager Alliance Data Michael Lewis Regional Sales Manager - SWIFT

2 About SWIFT Industry owned, not-for-profit, financial services utility Co-operative organization serving the financial industry Provider of highly secure financial messaging services Financial standardization organization 1 0, C U S T O M E R S S P R E A D O V E R C O U N T R I E S O V E R 2 0 M I L L I O N M E S S A G E S / D AY % AVA I L A B I L I T Y SWIFT for Corporates 2

3 About Alliance Data Systems, Inc. Industry leader in Retail Financial Services 135 Retail Programs S&P year history Publicly traded global provider of loyalty and marketing solutions, such as private label credit cards, loyalty programs and direct marketing Marketing services are derived from the capture and analysis of transaction-rich data Alliance Data grabbed the #1 spot in this year's Dallas Morning News' Top 100 Places to Work list 3

4 About Our Project Global Infrastructure for Future Growth Phase 1 Domestic Bank Reporting, EDI Payments, and Automated Bank Reconciliation Intraday Liquidity via Automated Global Cash Positioning 75% STP of Bank Reconciliation Items STP of Global AP Vendor Pmts & TR Funding Flows in Central Factory Phase 2 Deal Management for Bank Facility, Investments, and Conduit with STP Payments Phase 3 Global Bank Reporting and ISO20022 STP Payments with SWIFTREF ABA, BIC, IBAN Directories Regions--US, Canada, EMEA, APAC (including SEPA) 4

5 About Elire Industry leader in ERP Treasury Implementations Partners with 20 years of experience in the finance and technology 150 clients Many in Fortune year history We guide our clients to Choose Success by implementing, integrating, and upgrading software in the areas of Treasury/Financial Services, Supply Chain, HCM, and Advanced Technology Provide Strategic Roadmap guidance and design for many clients 5

6 Treasury Management Leading Business Trends Increased globalization and risk Move toward centralized operations Heightened regulation of liquidity Newly available cloud technology

7 Treasury Best Practices Single Source of Truth Disparate Sources of Information Single Source of Truth with TMS Workstation Mail Fax Single Data Model Phone Spreadsheets Orders GL AP AR Payroll PO Cash & Treasury Recent study 95% of spreadsheet models were found to contain major errors and 59% were judged to be of poor design

8 Treasury Best Practices Seamless & Timely Reconciliation Proof of Cash Recon Stmts & Pmts Payroll AR $ $ $ BAI2 SWIFT FILEACT ISO XML TWIST Banks TMS AP External Systems Treasury BTB Reconciliation General Ledger

9 Treasury Management Process Improvement Solutions Limited Cash Visibility Global Cash Visibility Country Perspective Centralized Cash Control No Global System Cloud-based TMS or ERP Inefficient Banking Standardized BAI-ISO-TWIST Manual Spreadsheets Centralized TMS Workstation Manual Payments ISO Straight-thru-Processing Manual Proof-of-Cash High Performing Auto Recon

10 Technology Trends for Corporates Shared, scalable resources delivered via the Web SWIFT for Corporates

11 Cloud Service Offerings Private, Managed, Hybrid

12 SWIFT for Corporates Evolution Secure financial connectivity Payments Cash Management Foreign Exchange Multi Asset Class Matching Trade Finance Supply Chain Finance Regulatory Requirements estatements ebam Trouble-free payments and SEPA compliance Identity and mandate management Certainty and efficiency in the supply chain Reference Data Global Industry Standards Implementation Guidelines Fast Onboarding Personal PKI Certificates User Entitlements Traceability Single Sign-on Payment Assurance Faster Payments Pre-shipment Finance Post-shipment Finance A/R Reconciliation SWIFT for Corporates 12

13 Treasury Evolution Enabled by SWIFT for Corporates Cash Management FX..Matching..Trade Finance..eBAM Payments YOURBIC8 Cash Statements SWIFT Network Access YOURBIC8 Corporate BIC YOURBIC8 YOURBIC8 MT and ISO SWIFT for Corporates

14 Secure financial connectivity Multiple Industry Standards across your various business flows* Business area Description Standards Examples Payments Cash Management Foreign exchange Multi Asset Class Matching Trade Finance Supply Chain Finance Regulatory requirements High-value & bulk payments Intraday and end-of-day statements Deal confirmations FX/MM, Derivatives, Commodities, Securities Letters of Credit, Demand Guarantees BPO based services (risk mitigation, pre/postshipment financing, faster payment) Approved payables financing (proprietary) Trade reporting, clearing and collateral management (EMIR/Dodd-Frank) MT 101 ISO pain EDI820, NACHA MT 9xx, BAI ISO camt MT 3xx Matching on Accord & Affirmations MT 3xx, MT 5xx, MT 6xx MT 798 ISO tsrv ISO tsmt on Trade Services Utility All file formats MT 300 All file formats estatements Electronic end-of-period statements All file formats e.g. PDF ebam Account (opening, closing) and mandate management (signatories, user entitlements) ISO acmt All file formats e.g. PDF, SWIFT for Corporates *Non-exhaustive list of business flows 14

15 Corporate Adoption - Q New Corporate groups: 45 (55% vs. Q1 2013) Traffic(FIN 31% FileAct 49% Q vs. Q1 2013) Corporate adoption (BIC8) Bank adoption 20% Americas Asia Pacific 1,720 banks (BIC8) offering corporate connectivity 70% 10% EMEA 47 banking groups certified 573 banks (BIC8) 120 countries 3SKey: 38 banking groups FORTUNE Global % BPO: 56 banking groups On SWIFT SWIFT for Corporates

16 Corporate connectivity Per corporate turnover & banking partners 64% of SWIFT-connected corporates have a turnover >$1Bn 63% of SWIFT-connected corporates deal with 5 banks or more <$1Bn $1-10Bn 36% 28% >$10Bn >$10Bn 30% 31% <5 banks 37% >20 banks 13% 10 to 20 banks 21% <$1Bn 41% $1-10Bn 34% 5 to 9 banks 29% Corporates by annual turnover (USD) Corporates by number of banking partners SWIFT for Corporates 16

17 Questions and Contacts Betsy Clark Title Senior Cash Manager Alliance Data Tel: Karen Willis Title: Partner- Elire Tel: Michael Lewis Title: Regional Sales Manager - SWIFT Tel: michael.lewis@swift.com SWIFT for Corporates 17