Treasury Systems

TreasuryMetrics is the leading Treasury Software Solution within ILFA Group. ILFA's Treasury Systems can help you to define the Goals & Objectives and the Treasury Strategy; to translate this in clear Policies; set up the Organisation; build the Infrastructure; and structure it all in Processes.

Strategy

The Treasury systems can assist you to quantify the added value that can be achieved in the Finance function and we can measure the cost savings and synergies that can be achieved:

  • Treasury Audit:
    Quantify and judge the current development degree of the Treasury organisation.
  • Treasury Feasibility Investigation:
    Investigate the necessity and the added value of a centralised Treasury Department and to quantify the savings and synergy that can be achieved.
  • Strategic Planning:
    Define and quantify the goals and objectives of the Finance Function and the Treasury Department and translate this to your business departments.
  • Bank Relations:
    Should we use a "Core Banking Group", a "House-Bank", or “different banks for different purposes”; What exactly do we require from our banks and how do we measure their added value

Policies

The Treasury systems can assist you to translate your goals and objectives into clear policies for different parts of the organisation:

  • Finance:
    Corporate Finance Policy; Intercompany Finance Policy and Interest Rate Risk Policy.
  • Risk Management:
    Policy for decentralised organisations and a Treasury Policy / Statutory and, depending on the goals, also a Dealing Policy.
  • Cash Management:
    Develop a Cash Management Policy for the operational companies and for the central treasury organisation.
  • Hedge Accounting:
    Develop an IFRS compliant policy and get this approved by the external accountants before the compliance rules for hedge accounting are implemented.
  • Bank Relationship Policy:
    Evaluate current relationships; Evaluate and analyse the quality of services against your own targets and policies; Evaluate the pricing and create a benchmark; Define limits on these counterparts.

Organisation

The Treasury systems can assist you to implement your policies in your organisation:

  • Segregation of Functions:
    Set up the functions for Front Office, Middle Office and Back Office; Treasury Control (inclusive risk control) and the Administrative / Accounting function.
  • Administrative Organisation:
    Processes from all activities need to be integrated into the entire organisation; process descriptions; SOX compliance; hedge accounting.
  • Internal Controls:
    Implementation of a strictly controlled framework on the Treasury organisation; Implementation of the Treasury Risk Control function; Controls at Operating Companies.
  • Reporting for external parties and internal parties, such as EMIR / Dodd Frank Reporting, IFRS / FASB reporting.

Infrastructure

The Treasury systems can help you to develop and implement the Infrastructure at different levels in your organisation. Our software development team can also develop tailor made solutions precisely as required by your organisation.

  • Infrastructure to the business:
    Set up a high quality information flow from / to the operating companies to / from the Treasury department.
  • Treasury Infrastructure:
    Support for the Front Office / Middle Office / Back Office, the Accounting department and the Treasury Control function.
  • Accounting:
    Set up the information exchange between Treasury software and the Accounting software; support for the Administrative Organisation and Internal Controls, IFRS and FASB support; security issues.
  • Risk Management:
    Measurement of risks, risk management decision support, pricing and analysis tools, performance measurement support, requirements for the Front Office, Middle Office / Back Office and Control (inclusive Risk Control).
  • Cash Management:
    Liquidity Management and Cash Flow Forecasting, in-house banking, payment factory, reconciliations of accounts receivables and accounts payables, investment management of structural liquidity positions.

Processes

The Treasury systems can teach you to be efficient in executing the processes, limit the cost of transactions, reduce organisation costs and bank costs and optimise synergies in the Treasury portfolio:

  • Treasury Handbook:
    In case people are replaced, the Treasury Handbook will see to it that new colleagues can start working fast.
  • Portfolio Management:
    We can teach you to integrate actions from Corporate Finance, Intercompany Finance, Cash Management and Risk Management into the Treasury Portfolio, so that synergies and cost savings can be created into extremes.
  • Corporate Finance and Intercompany Finance:
    We can teach you to be efficient in Finance transactions, to avoid costly mistakes, to save on bid / offer spreads and to analyse and price structured finance deals and capital market products.
  • Risk Management:
    We can teach you to quantify risk correctly, to save on bid / offer spreads for different transactions, to manage risk with a minimum number of transactions, strategies to manage strategic risks with a long dated time horizon, to price and analyse different products, derivatives and options and to analyse financial markets.
  • Cash Management:
    We can teach you to manage the complete cash management structure with a minimum effort, to minimise external transactions, save on bid / offer spreads, to create synergy to corporate finance and risk management.
  • Treasury Control:
    We can also lift the entire Control procedures to a higher level with as a result substantial savings in organisation costs.
  • Performance Measurement:
    Being fully in control also means that you should be able to measure the added value of the Treasury activities continuously.