Payments & Treasury - into the modern era in real time
Digital payments, instant payments: payment traffic, - long the "plain jane" of banking services - has been changing at an increasing pace for some time. The result will be a new generation of payment processes. On the way there, credit institutions and financial service providers will have to face a multitude of challenges. The serious changes affect the interface between banks and customers (retail customers or corporate treasurers) on the one hand, and the payment flows between banks on the other.
New interfaces, new formats, new technologies the banks must prepare themselves for the massive changes they will be confronted with. The content and dimension of the projects will put a strain on the resources of every bank - both technically and quantitatively. This is especially true under the pressure of ambitious schedules and growing regulatory requirements.
Change offers opportunities
The current development of the payment landscape opens up many opportunities for banks. New systems and technologies need to be introduced, architectures need to be revised, business processes in payment processing need to be improved and, in particular, payment transactions and treasury management need to be better linked.
TARGET2 already offers a range of tools that can be used to manage liquidity flows more precisely. The introduction of centralized liquidity management (CLM) on the consolidated TARGET2-TARGET2Securities platform will result in further optimization potential.
Please also read our blog post on this topic: CENTRAL LIQUIDITY MANAGEMENT
Realizing this is not only necessary - in order to meet the increased regulatory requirements for banks' liquidity management. In view of the foreseeable end of the low-interest phase, now is the right time to lay the foundation for cost and earnings potential in liquidity management.
On their way into the modern era of payments and liquidity management, financial institutions face both opportunities and risks. Our Payments & Treasury consultants help you minimize the risks and seize the opportunities.
We support you in preparing, implementing and managing your payments and treasury projects. Contact us.
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Are you interested?
Give me a call or write to me.
Carsten Gross
Product Manager Payments & Liquidity Management
Give me a call or write to me.
Carsten Gross
Product Manager Payments & Liquidity Management