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.
syracom focal points at a glance
Our services - your advantage: Turning requirements into competitive advantages
Strategic consulting
Regulation and innovation characterise payment transactions, while banks manage major projects such as Instant Payments, Digital EURO and ISO 20022. We support banks and companies with complex market infrastructure projects and develop future-proof strategies and solutions.
Combining payment transactions and liquidity management
Thanks to our in-depth expertise, we keep an eye on the big picture and create synergies between the two areas. In this way, we bring your processes and systems into the future and help you to achieve competitive advantages.
Support in all project phases
We help you from the creation of preliminary studies and specialised concepts to test management and the implementation of new solutions and processes.
"Make or buy", provider consulting
In-house solution or external solution? We help you decide - and support you with our market expertise in the selection of providers in the area of payment transaction and liquidity management standard software.
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