Front- to back-office core banking functionality

Increasingly banks are looking to their treasury departments, which have traditionally contributed a significant proportion of profit, to maximise return.

However greater competition with tighter margins, riskier products and volatile market conditions - together with regulatory reforms which are forcing banks to retain more capital - are challenges to this strategy. Even if profitable, the treasury function may not have the IT systems required to support the kind of dynamic trading that achieves optimum results.

Difficult market conditions, with low yields and tighter margins, have resulted in dealers venturing into riskier products in order to meet their targets. To support this trading over a broad range of asset classes, multiple solutions have often been installed, resulting in complex interfaces to the core banking system, which place a greater management burden on the treasurer, risk managers and the IT department. Further, legacy systems may not be sufficient to protect the reputation of banks against the actions of rogue individuals or high risk trading strategies.

Treasury managers may be under pressure to earn higher returns, but the right systems can ensure that dealing room risk is also managed successfully. An integrated solution removes the need for unnecessary processing, and makes information easily available to all authorised areas of the bank.

The Temenos T24 and T24 Treasury Trader solutions provide fully integrated front, middle and back office core banking functionality to meet the complete needs of an international bank treasury operation in a modern environment. Banks can quickly realise all the benefits of seamless straight through processing and an unimpeded flow of information where required and authorised.