Electronically Enabled Optimal Management of Surplus Funds
Manage Daily Liquidity In Consolidated Way
iCashpro+ flexible liquidity solution help cash work harder, allowing institutions to benefit from its stability and deliver significant returns in the long run. The most difficult problem for a bank is to meet the expanding expectations of customers while also maintaining them in this highly competitive environment.
The need to ADAPT to the new Digital Order
- Optimum utilization & management of the company’s funds without manual intervention can help gain significant time and cost benefits.
- Digitally managed liquidity management helps leveraging idle balances to improve day-to-day cash flow.
- Increase visibility, reduce risk and improve the availability of cash across the business.
For Corporate’s Liquidity Management
iCashpro’s liquidity management module is faster, provides comprehensive visibility, lowers risk, and integrates easily with existing core banking systems and helps your SME clients move surplus funds across international borders with minimum complexity and at a low cost.
- Account structure creation
- Interest template maintenance
- Account maintenance rules management
- Sweep IN, Sweep OUT, Reverse Sweeping
- Add accounts till Nth level
- Defining of the interest templates
- Programmable execution frequency
- Mirror account report
- Creating corporate specific lending and Borrowing rates
- Allow corporate to decide interest accrued
- Interest calculation days based on corporate needs
- Promissory notes generated/settled automatically
- Automates the transfer of investable funds
- Reduces the time required to manage your investable operating cash
- An automated sweep system eliminates the need to call in daily investment instructions
- Convenient reporting over the corporate
iCashpro+ Liquidity Management Solution Benefits
Maximum your cash position with tailored instruments for liquidity management
Customize the liquidity module based on the unique needs of your SME clients
Ensure seamless interoperability with existing core system
Customize business rules to set up mandates and triggers for automated sweeping or pooling
Enable virtual netting of balances through notional pooling
Flexible solutions such as notional pooling and inter-company loans that allow your clients to move surplus funds parked in countries that have stringent regulations governing cross-border fund transfer
Invested funds earn interest income on a daily basis
Provides investment income while maintaining liquidity
Efficiently manage investable operating cash