Global account management
Review the overall relationship of agents in a centralised, structured and consolidated platform
Centrally monitor, manage and maintain all account information, static data and associated documents
Full audit trail gives transparency of your correspondent banking network for regulatory compliance
Online updating with set-up tailored to banks individual requirements
MIS, newsfl ashes, global and specifi c search functionality, plus market holidays
KYC/AML requirements can be managed within the tool
Reduce your manual processes and improve your ability to share information internally with the inbuilt reporting function
Cash&TreasuryMarketProfiles
All the local market rules, regulations and practice on how each market operates from a Cash, FX and Treasury Perspective
The Cash & Treasury Market Profi les cover over 90 markets globally
Dynamic data: continuously updated via daily newsfl ashes as market practice evolves
Ability to white label profi les and newsfl ashes for distribution to your underlying clients
Consistent and standardised structure enables quick search and in depth comparison on any combination of data
Offered as a hosted white label solution with easy integration to your bank portal for internal and external distribution
Thomas Murray Data Services
Horatio House, 77-85 Fulham Palace Road, Hammersmith, London W6 8JA
Tel: +44 (0) 20 8600 2300 Email: [email protected] http://ds.thomasmurray.com
Correspondent Bank Management Toolkit
Provider of GlobalCapital Market & Cash Data
An integrated solution for managing your correspondent relationships
Benefits
Cost reduction - by reducing the number of external cash accounts following the identification of those accounts that could be closed due to inefficient usage or redundancy
Increasedefficiency - as cash accounts will be centrally managed in a more automated way
Data quality improvement - standard and consistent data and documentation held in a fully audited structured platform
Operational risk reduction - less administrative tasks, reduction in duplication of operations activities
Full integration of all payment, volume, rebate and pricing information giving you a fully compliant and transparent management overview
Increasing transparency in your correspondent banking network for regulatory compliance
Controlled access (at any level) both internally and externally to banking clients direct via the bank’s own portal
Formalise policies including a structure for the set-up, closure and day to day maintenance of correspondent cash accounts.
Thomas Murray Data Services
Horatio House, 77-85 Fulham Palace Road, Hammersmith, London W6 8JA
Tel: +44 (0) 20 8600 2300 Email: [email protected] http://ds.thomasmurray.com
GLOBAL ACCOUNTS• View account by legal entities and across
relationships, regions, business or product lines
• Set-up, store and maintain all Cash Account info
• Fully controlled and audited environment
• Complete group wide visibility of all accounts
DATA• Central registration of accounts,
fee schedules and legal documents including operational guidelines and AML/KYC and compliance documentation
• Online editing and publishing of relationship data and documentation with full audit trail giving increased transparency of your correspondent banking network for regulatory compliance
• Ability to integrate your transactional volumes, payment and rebate information
• Set-up, store and maintain all associated Cash Account data and documentation
• Online updates, fully controlled and audited environment
• Central repository
ADMINISTRATION• Set-up users
• Customise accounts
• External client access
NEWSFLASHES• Thomas Murray Cash &
Treasury Market Profiles fed directly into the toolkit
• Ability to customise the flashes for internal/external communication
• Write and issue your own newsflashes
REPORT/SEARCH FUNCTIONALITY• Global search – quick and
simple pull of information stored
• Report Wizard – customise reports on any stored data within the tool and export in a variety of formats
• View data in a structured and transparent way
Global account management
Our global account management module enables banks to have full control of their global cash relationships. It provides the ability to upload, store and report on all maintained documentation. The toolkit provides full transparency and with the embedded audit functionality demonstrates ongoing counterparty monitoring to support audit and regulatory requirements.
Thomas Murray Data Services
Horatio House, 77-85 Fulham Palace Road, Hammersmith, London W6 8JA
Tel: +44 (0) 20 8600 2300 Email: [email protected] http://ds.thomasmurray.com
SampleCash&TreasuryMarketProfile Samplecashnewsflash
Cash&TreasuryMarketProfileswithdailynewsflashes
The Cash & Treasury Market Profiles service tracks market practice in payments and treasury operations in more than 90 markets worldwide. Maintained in real time and supported by daily newsflashes the profiles are integrated into the toolkit which enhances the data available throughout the bank. The profiles and newsflashes can be white labelled for both internal and external distribution.
Features Essential information allowing treasury and payments
operators to understand local market practice in different markets across the world
Dynamic data: continuously updated via intraday newsflashes as market practice evolves
Ability to white label profiles and newsflashes and distribute them to your underlying clients with the look and feel of your organisation
Consistent data structure with powerful report creation tools allowing quick search and comparison between markets on any combination of data
What we track FX restrictions indicator
Market summary and sovereign risk ratings
Legal and regulatory framework and market entry requirements
Benchmark interest rate details
Cash account operational requirements, cash pooling
AML/Counter Terrorism Financing, KYC
FX trading guidelines, clearing and settlement, regulatory reporting
Payment systems guidelines, interbank clearing models
Interbank and central bank money market and liquidity facilities
Corporate Treasury: Transfer pricing, thin capitalisation
Taxation: WHT rates, DTTs, relevant market charges
Holidays schedule
“The Thomas Murray Correspondent Bank Management Toolkit has helped us move from
Excel spreadsheets of accounts in various locations to a consolidated platform for an oversight
of our nostro accounts. It also allows us to review the overall relationship of our agents in
various markets throughout the world in a central, controlled and audited environment.”
Head of Network Management - Cash
Thomas Murray Data Services
Horatio House, 77-85 Fulham Palace Road, Hammersmith, London W6 8JA
Tel: +44 (0) 20 8600 2300 Email: [email protected] http://ds.thomasmurray.com
Correspondent Bank Management Toolkit
Sample screenshots from our Correspondent Bank Management toolkit