1. Software Solutions for Treasurers
From Trade Execution to Back Office Management
IACT, Dublin, 13th February 2007

2. Straight-Through Processing (STP)
Deal Documentation
Credit Check
Front Office System
Salmon, SunGard, XRT, SAP, Trema, City Financials, SimCorp etc.
Hedge Accounts/
Positions
Operating
Cash-Flows
Legacy System
SAP, BAAN, PeopleSoft etc.

3. Why STP? A Treasurer‘s Paracetemol
Treasury Headaches
Why STP? A Treasurer‘s Paracetemol
Transaction
Low Market Transparency
Time-consuming Price Request (sequential)
Acoustic Missunderstandings (Fifty <-> Fifteen etc.)
Processing
handwritten Ticket / Dealblotter
Manual capture in Excel / Treasury Management System
Manual deal confirmation exchange / reconciliation
Missing standardisation of information format / transmission
Missing „Audit Trail“ (error tracking, alternative prices etc.)
Information
Limited assessment of individual banks‘ performance

4. Platform Customer Benefits
STP Gains
Platform Customer Benefits
Increased efficiency from STP
Workload reduction of approximately 70%
On average min. +1 bp price improvement
Optimizing of resource allocation
Significant reduction of error margin
Availability of market data to subsidiaries
Auditable Trail

5. Multibank Communication system
Case Study
At Company A 360T is part of a real end-to-end STP
External counterp. 1
Company A
Company A
External counterp. 2
GROUP CENTRE
External counterp. 3
Intra-Group trading
Group external trading
External counterp. m
Subsidiary 1
Automated transport of trade infor-mation
Subsidiary 2
Automated transport of external con-firmation info
Subsidiary. 3
Automated fax- or confirmations
Subsidiary n
TMS (Treasury Management System)
Automated transport of external confirmation info
Automated transport of settlement and state-ment info
Transfer of booking-info to and from legacy system
Bank 1
Multibank Communication system
Bank statements and payment files
Bank 2
Bank 3
Bank m
Source: e-FOREX (October 2005)

6. Case Study
Multi-Bank Platform Decision Drivers
Variety of instruments
STP efficiencies
Non-anonymous trading environment
Technology
Flexibility
Easy to use
Independent ownership