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w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
Building an efficient pipeline for your bank communication
Presented by
Mohan MuraliPresidentAxletree Solutions
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
Introduction
Treasury department’s traditional expectations
Market Pressures and changing landscape
Emerging technologies
Cost reductions and enhanced efficiencies
Industry direction
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
Case Study : Acme Corporation
Company Overview:
• Global technology company• ERP application with Cash
Management Suite• Diverse banking relationships
• Primary with three• Secondary with several
regional and local banks
Acme Corporation
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
Operational challenges
1. Multiple banking entities
2. Multiple data feeds: >20 systems
3. Minimal standardization of formats
4. Minimal system integration
5. Manual Processes
6. Over worked staff
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
Banks
ERP
Treasury Organization Bank
A
Bank B
Bank D
Bank E
Conceptual view of Acme’s banking communication
Bank C
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
Current – Partial Automation
Treasury Process Flow
ERP
Projected - Fully Automated and Integrated
TreasuryBanks TMS
ERP
Excel
Treasury
Banks
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
Business Objectives
Business Case and Analysis of process automation
Technology enabled solution
Technology Solution Partner
System integration and Implementation
Building the Solution
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
A N A L Y T I CS
RE P ORT I N G
DA T A A R CH I T E CT U R E
S Y S T E MS & B U S I N E S S P R OCE S S E S
CON N E CT I V I T Y
· FORECASTING
· SCENARIOS
· RELATIONSHIPS
· STATIC
· MANAGEMENT
· MBO / MBE
TWS / RISK / RECON / BAMCOMPLIANCE / TRADING
· STORAGE· EXTRACT· TRANSFORM· LOAD
BUSINESS DRIVERS / ROLES
· Balances· Transactions· eBAM· File Transfer· Trades / Settlement
DIRECT TOBANKSOTHERSDATA
AGGREGATORSE X T E R N A L
I N T E R N A L
SWIFT SITS IN THE CONNECTIVITY SECTION OF THE TREASURY TECHNOLOGY STACK
TREASURY TECHNOLOGY STACK
SWIFT plays vital role in the connectivity portion of the stack.
Analytics connects to Systems and Data for reporting and modeling scenarios – as well as adding dimensional views.
Treasury Technology Stack
Courtesy: Strategic Treasurer
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
Center of the Chessboard vs. Best of Breed
SaaS
Capabilities
Treasury Technology Trends
Courtesy: Strategic Treasurer
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
Corporate
Accountspayable
Accountsreceivable
Treasury
Other
Standardized
gateway
Corporate
e-banking Y
host to host X
e-banking Z
VAN
Internet
Leased line
Accountspayable
Accountsreceivable
Treasury
Other
Multiple bank channels Single, standardized gateway
– Global visibility on cash– Lower cost– Increased control and security– Reduced risk
– High cost– No global visibility on cash– Impossible to centralize
SWIFT: A single standardized gateway
SWIFTNet
SWIFTNet interface
Treasury ManagementSystem
ERP One standardized channel One security scheme Tight integration with applications
An essential building block ofcorporate payment factory
MT940
MT940
MT940
MT940
Transfer payment files
Axletree SolutionsOur expertise, your advantage
SWIFTNet
SWIFTNet interface
Treasury ManagementSystem
MT942
MT942
MT942
MT942
MT942
MT942
MT942
MT942
MT940
MT940
MT940
MT940
•No need to consult separate websites•No need to transfer files manually
Better global visibility
Integrate directly into TMS
Axletree SolutionsOur expertise, your advantage
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
• Obtain visibility on cash across multiple banks, to improve working capital managementFunds visibility
• Reduce administrative work to document bank communication processes (SOX)Compliance
• Better control on payment initiation• Increase overall security and reliability
Control, Security, Reliability
• Rationalize multiple proprietary connections, all different
• Increase straight-through-processing and staff productivity
Cost savings
Key benefits of using SWIFT
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
eBAM
Electronic Statements
(3SKEY)
• Compliance• Control• Cost Savings
Enriched Data (XML)Concept – Positional vs.Tagged RecordsPosition: 8,400321,575,20111115,USD,50000000Tagged: Detail Record-8, Account Number 400321, Transaction Type: Inbound Wire, Date: 15Nov2011, Amount: +USD$500,000.00
New Tool sets In or through SWIFT
Courtesy: Strategic Treasurer
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
SWIFT
ERP
TMS
A/P A/R
Trade Finance
Payroll
Fully integrated and automated treasury operations
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
Recommended Solution for Acme
• Streamline/rationalize banking channels
• Standardize on external formats through integration
• Leverage evolving technology enabled solutions
• Involve the right partner to implement the project
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
Q & A
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
About Mohan Murali
Mohan Murali has over 20 years experience in the Information Technology Industry.
His experience in building Technology Solutions and Business Development enables him
to design solutions to customers with diverse needs. Under his leadership Axletree
Solutions has grown exponentially and is considered the partner of choice for SWIFT
Connectivity Solutions. He holds a degree in Electronics and Communications Engineering.
Mohan’s contact information:
Phone: 732 296 0001 email: [email protected]
w w w . a x l e t r e e s . c o m
Axletree SolutionsOur expertise, your advantage
Thank You