454667 Ambit Treasury Management Brochure
Ambit Treasury ManagementABANKINGAMBIT TREASURYMANAGEMENT
Ambit Treasury ManagementBANKINGAMBIT TREASURYMANAGEMENTFIS’ Ambit Treasury Management addresses thestrategic, operational and risk management requirementsof a bank’s treasury, across the front, middle and back-office,helping the treasurer to safeguard and steward the bank’sfinancial assets and effectively manage its liabilities.B
1Ambit Treasury ManagementAmbit Treasury Management:Stewardship of theBalance SheetThe solution suite helps the treasurer assure liquidity by providingcomprehensive up-to date data on cash, funding and exposures; assuresolvency by providing a centralized source of information for robustreporting, planning and decision-making; protect revenue by providingan accurate view of asset/liability positions, the hedging overlay andperformance attributions; and finally manage the impact of customer flowon liquidity by providing greater visibility and control beyond treasury.Integration of analytical and operational processesTHIS GRAPH SHOWS THE INTERPLAY AND THE ISSUES TO BE ADDRESSED ON BOTH AN ANALYTICAL AND OPERATIONAL TRANSFORMING A GIVEN BALANCE SHEETSTRUCTURE TO A TARGET STRUCTURE.STRATEGY ANALYSISBalance SheetAssetsIMPLEMENTATIONActual Gap ProfileLiabilitiesTrading BookInvestment BookLoan BookInter Bank activitiesSavingsIssuesOther AssetsDerivatives OverlayCapitalALM / LiquidityInterestRate RiskLiquidityRiskRevenueNeeds.Front Office / ndingTarget Gap Profile
Ambit Treasury Management2Business overviewAnecdotal evidence points to exactly this happening duringthe crisis. In the midst of the turmoil, many banks found thatthey lacked access to complete and up-to-date informationwith which to measure risk and make funding decisions.At the same time, the practices which had become widelyaccepted in previous years had suddenly become the sourceof significant problems. Together, they served to create a‘perfect storm’ for treasuries, in that the demands for andon bank funding had never been greater, yet their accessto sources of funding had never been less available.The core objectives of the treasurer are to manage the assetsand liabilities of the bank, ensure access to sufficient fundingand liquidity, and maximize returns, while ensuring thesolvency of the organization. The role is one of a responsiblesteward of the balance sheet, assuring the liquidity of theorganization in all circumstances.Post-financial crisis, the challenges the treasurer faces, asa steward of the bank’s balance sheet, have compounded.More stringent regulatory requirements for capital andliquidity, coupled with the drive for surplus cash and capitalreserve to guard against market volatility, are resulting in thecurtailment of many of the activities that normally contributeto profits. The treasurer, therefore, is confronted with theformidable challenge of balancing two often conflictingobjectives: ensuring access to liquidity while maximizingreturn; at the same time, viewing and managing the overallcash position and risk exposures in fast-moving cycles andvolatile markets is critical for treasurers. Against thisbackdrop, a fragmented IT landscape can act as aconsiderable drag and pose operational hazards.Today, as banks look to strengthen the balance sheet,refinance debt and improve the quality and managementof short and long term funding, the role of the treasurerwill be critical for success. However, the treasurer will needthe support of a comprehensive technology platform thatenables access to the wealth of information and analysisthat is required to protect the bank, and to allow them tomaintain position as steward of the balance sheet.Ambit Treasury ManagementOPERATIONSASSURE LIQUIDITYFront-officeDecision support for: Trade capture Pricing, position P&L What-if Market connectivity Limit checking Cash & liquiditymanagement Scenarios Liquidity risk Collateralmanagement CollateraloptimizationMiddle-officeASSURE SOLVENCYPROTECT REVENUE Credit limitSERVE CUSTOMERS Term transformation P&L Mark to marketcompliance Customer service Transaction capture Fiduciary services Customer moneymarket flowControl of Breach management Monitoring Control Audit Liquidity riskManagement Liquidity risksimulationsBack-office Regulatory capital Credit policy Curve management Market risk FRTB Balance sheet Management/overlay Term mismatch ALM simulations Hedging / overlay NII simulations Hedging strategies Overlay strategies Limit management Margin management Security lending/ Capital management Compliance Regulatory reporting Hedge accounting Cash flow & fair value Payment investigation Cost reduction Customer pre-adviceborrowingExecution of Settlement Security Static data management Reporting Exceptions Workflow General ledger Nostro reconciliation Real-time grossSettlement Paymentshedges SettlementsData EnrichmentTransformationReconcilliation
3FIS can helpFIS’ Ambit Treasury Management addresses the strategic,operational and risk management requirementsof a bank’s treasury across the front, middle and backoffice, helping the treasurer to safeguard and steward thebank’s financial assets and effectively manage its liabilities.The solution suite helps the treasurer assure liquidity byproviding comprehensive up-to-date data on cash, fundingand exposures; assure solvency by providing a centralizedsource of information for robust reporting, planning anddecisionmaking; protect revenue by providing an accurateview of asset/liability positions, the hedging overlay andperformance attributions; and finally manage the impactof customer flow on liquidity by providing greater visibilityand control beyond treasury.Ambit Treasury ManagementDID YOU KNOWBanks still face limited transparency ofcounterparty relationships”.¹There is significant disparity between therisks taken by banks, and those perceivedby the board’.²SOURCE 1: FINANCIAL STABILITY BOARD REPORT 2011SOURCE 2: SENIOR SUPERVISORS GROUP REPORT 2011
Ambit Treasury Management4Assure LiquidityAssure SolvencyEnsuring the bank always meets its obligationswith complete and up-to-date data on theavailability of cash and funding, plus advancedanalytical tools such as scenario analysis andstress testing help treasurers to easily identifyliquidity threats and take appropriate action.Protecting the nest egg – a centralized sourceof information and control enables the rapidand easy identification of situations potentiallyimpacting the continued operations of the bank,either through counterparty failure or excessivecalls on capital.Protect RevenueServe CustomersReducing the noise in financial results – anaccurate view of the bank’s asset/liabilityposition, the hedging overlay through netinterest income simulations and performanceattribution by way of funds transfer pricingenable treasurers to manage tenor mismatch.A single integrated platform helps minimizeoperational friction.Managing impact of customer flow on liquidity– greater visibility and control over customerflow activity that may affect the bank’s liquidityprovision as well as potential risk-taking enablestreasurers to ensure proper hedging againstmarket movements.DID YOU KNOWDuring the crisis, the reliance on static rather thanforwardlooking measures of risk coupled with a majordisconnection between the front-office and the risk andcontrol department meant that market exposures werenot quantified, with insufficient contingency being setaside for unexpected loss.3SOURCE 3: SENIOR SUPERVISOR GROUP, OBSERVATIONS ON DEVELOPMENTIN RISK APPETITE FRAMEWORKS AND IT INFRASTRUCTURE, DEC 2010
5Solution componentsFIS helps banks effectively protect their balance sheet withthe following solution components: Ambit Treasury (Quantum) is a centralized front-to-backoffice solution with straight-through processing for cash,liquidity and multiple asset classes that are most commonlyused by a bank’s treasury desk. Based on analyticalinformation from asset and liability management (ALM)and liquidity risk calculations, treasurers can implementtheir strategies in real-time and with maximum efficiencyby being able to react to unexpected liquidity surplusesor shortages with confidence, and making good use ofmulti-asset class support to respond to such fluctuations.With real-time, validated information at their disposal,treasurers can capitalize on available liquidity within theorganization and ensure the optimal distribution of, andaccess to, funds. Ambit Liquidity Risk provides determination of the bank’sliquidity buffer based on its contingent liquidity needs.This is achieved via a thorough, forward-looking simulationapproach for the bank’s liquidity position againstidiosyncratic, systemic and combined stress scenarios.Its powerful balance sheet simulation engine allowsfor thorough stress testing as mandated by the BaselCommittee in its Principles for Sound Liquidity RiskManagement and Supervision. Integrated calculationand projection of liquidity coverage ratio (LCR) andnet stable funding ratio (NSFR) helps banks achieveBasel III compliance.Ambit Treasury Management Ambit Funds Transfer Pricing (FTP) assists the bank priceits assets and liabilities as well as its liquidity on a matchedmaturity basis. By separating the treasury’s contribution tonet interest income from the revenue attributable to theclient front, the solution enables redistribution of liquiditycost, from liquidity consuming operations to liquidityproviders. Ambit FTP provides insurance against acontingent event via a liquidity buffer which is creditedfor the treasurer. Furthermore, being fully integrated withAmbit ALM, any transfer prices may be predicted into thefuture, helping banks better manage volatility of tenormismatch and front contributions. Ambit Cash & Liquidity Monitor provides cash flowmanagement, nostro account limit management andreal-time balance tracking, enabling treasury operationsto deliver accurate and timely nostro and cash accountinformation to cash managers. Ambit Retail Margining helps banks manage customeraccounts more effectively and, in doing so, increases staffproductivity. The online solution allows users to manageall aspects of client positions and risks as they occur;giving banks the ability to quickly respond to profitableopportunities. By linking up the analytical components for ALM, liquidityrisk analysis, FTP, hedge accounting and cash & liquiditymonitoring with the operational components of AmbitTreasury Management and Ambit Retail Margining,banks can address all strategic, operational and riskmanagement requirements of the treasury. A mbit Asset Liability Management (ALM) provides best ofbreed balance sheet management capabilities, includingstatic balance sheet analysis such as fair values anddurations, and balance sheet forecasting using net interestincome simulation. Additionally, Ambit ALM providesintegrated hedge accounting functionality to predictand account for the effect of derivatives from both aneconomic and an accounting perspectives.The treasury group is the financialcenter of an organization. The keyrole of treasury is safeguarding andstewardship of an organization’sfinancial assets and the managementof an organization’s financial liabilities.KAREN A. HORCHER,ESSENTIALS OF MANAGING TREASURY.
Ambit Treasury ManagementAssure Liquidity:Ensuring the BankAlways Meets itsObligations6Since the financial crisis, banks have faced growingchallenges when it comes to liquidity, with funding bytraditional external sources, such as interbank funding,declining and risk appetites diminishing, leading toincreased calls for banks to provide more collateral tosecure funding. As a result, while some banks continue tostruggle, some are becoming ‘overly liquid,’ in its primaryrole as steward of the balance sheet, it is the treasury’sresponsibility to ensure the bank has ongoing access tosufficient liquidity to honor its commitments and be areliable liquidity partner. There are three key ways thetreasurer can meet these core objectives: Develop a strong liquidity strategy – supporting decisionswith rich analysis toolsBank treasurers need to be able to easily identify theimpact of every activity or the bank’s position andformulate liquidity policies and strategies to make timelyand correct funding decisions. For this, banks need toestablish a single information system that provides anaccurate view of the bank’s current liquidity positionand exposure to risk, as well as analytical tools that helpin understanding the effects of future market movementsor events on liquidity. Closely track liquidity positions and market movements– controlling risk through constant data analysisHaving formulated a robust liquidity strategy to underpinthe bank’s funding decisions, the treasury must make surethat it constantly and proactively monitors the success andviability of that strategy. Only with complete and forwardlooking analysis can a bank ensure that it manages therisks that, at any point in the future, may prevent it frommeeting its obligations.Monitor your liquidity Strengthen, integrate and automate payment processes,enabling the efficient execution of transactions,reconciliations and reportingTo optimize its liquidity and risk strategy, the treasury needsconfidence in the core payment activities that underpinthe bank’s business. Thus, the treasurer needs an inclusiveset of information from multiple, disparate paymentprocessing sources, and must be able to count on a highdegree of both frequency and confidence in the data.Highly automated payment systems and powerful processmanagement capabilities can enable the bank to respondmore quickly to sudden crises, and collect payments andmanage liquidity more efficiently in times of high stress.
7FIS can helpFIS’ Ambit Treasury Management provides the banktreasurer with a single, integrated solution for all elementsof the transaction lifecycle across diverse asset classes.It delivers a central real-time location for analysis andmanagement of all treasury operations and risk practices.With Ambit Treasury Management, the treasurer can carryout point-in-time and forward-looking liquidity analyses toensure robust plans are developed through extensive stresstesting and what-if simulations which deliver confidencein the subsequent decisions and action plans. In addition,market and credit risk analytics, including a centralizedcontrol for the credit risk policy are supported. This providesa common operating model and architecture acrosstreasury operations and close tracking of liquidity positionsand market movements – controlling risk through constantdata analysis.I need to manage my liquiditybuffer – operationally,tactically and strategically– across various issues nowand in the future.Ambit Treasury ManagementAmbit Liquidity Risk helps banks determine their liquiditybuffer, taking into account all contingent cash needs. Thesolution simulates the precise potential effect of variousstress scenarios, including the regulatory requirements ofBasel III, on the liquidity position. Ambit Liquidity Risk helpsbanks achieve regulatory compliance on a global scale byhelping them satisfy increasingly complex requirements andproactively prepare for impending changes. With AmbitLiquidity Risk, banks can simulate future cash flows todevelop a better understanding of the weaknesses thatmay be caused by funding source concentrations. Thisidentification of potential gaps in liquidity and the designof robust contingency plans allow for a greater focus oninvestment opportunities and profitability.Ambit Cash & Liquidity Monitor provides the treasurer withthe ability to monitor intra-day nostro balances across theentire organization. By providing the treasury organizationwith the ability to monitor point-in-time and forward-lookingbalances, Ambit Cash & Liquidity Monitor enables banks toidentify potential problems that require attention within amanageable timeframe. This reduces the incidence of shortnotice funding calls, with the associated reduction in fundingcosts and improved nostro balance management. Increasedtransparency of cash-flow operations, helps to proactivelymeet the needs of regulators by ensuring complete visibilityof the balance sheet – and managing gaps before theycause a liquidity crisis. Overall, this strengthens, integratesand automates payment processes.PHILIP JONES,HEAD OF MONEY MARKETS.DID YOU KNOWA single trusted source of data within the firm can vastlysimplify the risk management IT architecture.4The metric used to measure liquidity should rangefrom the dynamic and forward-looking to the static andpoint-in-time.3SOURCE 4: INSTITUTE OF INTERNATIONAL FINANCE AND MCKINSEY & CO:RISK IT AND OPERATIONS, STRENGTHENING CAPABILITIESSOURCE 5: SENIOR SUPERVISORY GROUP: OBSERVATIONS ON THEDEVELOPMENTS IN RISK APPETITE FRAMEWORKS AND IT INFRASTRUCTURE
Ambit Treasury Management8Assure Solvency:The recent turbulence in the financial markets hasunderscored the need for effective risk management bybanks with the preservation of capital at its core. Oneof the defining conclusions of the financial crisis was theinadequacy of bank practices when it came to predictingand managing risk, which was further exacerbated bythe drying up of funding sources. Notably, there was alsoa significant disparity between the risks being taken bybanks and the way those risks were perceived by theirboard of directors.Protecting the NestEgg Through RobustReporting, Planningand Decision MakingAs steward of the balance sheet, the treasury must aboveall make sure that the capital value of the bank’s assets ispreserved. This means setting aside a sufficient ‘nest egg’to ensure the survival of the organization. There are threekey ways the treasurer can help protect this nest egg: Formulate a robust credit and market risk managementstrategy – supporting decisions about deals withconstant analysis of the capital at riskIt is critical for global banks to step up their vigilanceand control when it comes to credit, operational andmarket risk – with an increased accompanying need fortransparency, to improve the quality of credit decisionsThe looming FRTB regulations will require more complexaggregations to be performed, and place an increasedfocus on the quality of market data, models and calculations.It is vital for banks to perform analysis to assess the impactof FRTB on their capital as soon as possible. Monitor the bank’s day-to-day and projected capitalpositions – controlling risk by analyzing real-time dataand modeling potential market movementsToday’s markets require a single, centralized risk datasystem that not only provides a clear view of the bank’sday-to-day business, but also keeps pace with a rapidlyevolving and increasingly complex array of products –providing timely and accurate information on a widerange of risk types, particularly concentrations, settlement,pricing/model and market risks.Improve solvency Ensure compliance with external regulation and internalpolicies – tightening operational processes for efficientcapital management and timely, accurate reportingBanks will need to simplify and standardize their typicalfragmented and complex systems and build theiroperations on a consistent foundation which is integratedwith flexible regulatory reporting tools to accommodateevolving regulation. Most critically, at the heart of thesolution must be one central source of data to supportall internal and external reporting to accurately reflectall risks the bank is exposed to.
9FIS can helpFIS’ Ambit Treasury Management enables banks to forecastprojected cash flows based on real-time data, for faster andbetter decision making and a greater return on liquid assets.Improved transparency, risk management and compliancewith real-time risk and regulatory reporting provides acomplete and ac
Treasury Management and Ambit Retail Margining, banks can address all strategic, operational and risk management requirements of the treasury. KAREN A. HORCHER, ESSENTIALS OF MANAGING TREASURY. The treasury group is the financial center of an organization. The key role of treasury
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