Aquarius

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Overview

Aquarius by TAS Group delivers modular and integrated features for Securities, Cash and Collateral management. Highly configurable, the solution can be fully customized to fit your specific business needs. Aquarius can simultaneously manage multiple legal entities, satisfying Banking groups and Service Provider requirements. Each single module of Aquarius can run as a stand-alone application, or as part of a wider Aquarius platform installation, integrated into the customer’s architecture.

Key Features

Focus on Post-Trade

Aquarius automatically manages Post-Trade operations interacting with domestic and international settlement systems (CSD, iCSD and Global Custodian). It supports all T2S features for both direct and indirect participants. It allows real-time monitoring of the settlement lifecycle and the balancing of accounts, providing value-added features such as matching, balance reconciliation and settlement instruction, aggregation and shaping. It standardizes the communication method for counterparties and integrates user applications to allow proper and efficient management of post-trade processes in full STP mode.

Focus on Treasury and Collateral

Aquarius is also the treasury management platform that allows real-time monitoring and management of liquidity on the accounts held with market infrastructures and connected banks. It ensures the correct flow of payments through the various settlement channels, integrates and reconciles forecast information with the settlement of payments for a detailed intraday analysis, and performs simulations to know in advance the effects caused on future cash flows.

Focus on Intraday Liquidity Management

Aquarius provides an integrated framework to monitor Intraday Liquidity and consolidate Cash Management and Collateral activities for both direct and indirect settlement systems participants. Core functionalities include: bcbs248 monitoring tools; global intraday liquidity overview at individual country, currency, legal entity or customer level; monitoring on a monthly and daily basis; flexible alerting; easy integration with bank back-office and network applications. A Stress Testing Module is available to improve BCBS 248 stress testing in a totally automated way.

Focus on T2S

T2S C&C (T2S Cash & Collateral) is the Aquarius module that allows customers to manage T2S for Cash and Collateral components; it offers a real-time view on DCA account status, operational limits and collateralization activities for National Banks and Clients.

Focus on T2

The TARGET2 module is the core component of the suite allowing real-time liquidity monitoring and management of payment flows on the Eurosystem RTGS to significantly improve the management of balance positions and transactions.

Focus on Correspondent Banking

The module provides monitoring on active positions in Commercial Bank Money on a country and currency basis, according to different time zones and bank profiles. It enables FX conversion into a single base currency to manage Nostro account information, individually or in aggregated form, on an intraday basis.

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Product/Service details

Geographic Availability
Europe