Chess-T Winbank TM Treasury

Size: px

Start display at page:

Download "Chess-T Winbank TM Treasury"

Christiana Wells
5 years ago
Views:

1 Chess-T Winbank TM Treasury Ülkü Bıyık Ünal / BIS Kurucu Ortak

2 Functionality 2 Back Payment Expectation Accounting Postings Settlement (EFT, SWIFT) Counterparties Revaluation Interfaces Accruals Regulatory Reports Middle Control Position Reports Position Calculation P&L Calculation Matching Limit Confirmation Front Entry Capture

3 Functionality 3 Risk Accounting Reconcilation Reporting End of Day

4 Capture Integration with Global Trading Platforms (Reuters etc.) s Conversations Conversation could be matched with deals Format validation Data validation Manuel Entry Easy-to-use front-end Minimum level of data entry One-click «hedging» deal creation for forward deals 4

5 Instruments Money Market FX Spot Forward Currency Swap Fixed Income Buy/Sell Repos Transaction Types Between Departments (MM,FX) Book To Book (FX) Position Transactions (all) Counterparty = Bank Both SSI are external For FI transactions both ISE and OTC markets are supported Customer Transactions (all) Counterparty = Customer Both SSI are external Internal Customer Transactions (all) Counterparty = Customer Both SSI are internal 5

6 Amendment & Cancellation er can amend or cancel a deal at any time System generates the amendment confirmation messages or cancellation confirmation messages automatically If the payment leg and/or receipt leg has not been completed yet, the system cancels the related payment message and/or expectation record Reversal of accountings are generated after the back office approval 6

7 Queue HOLD OVERRIDE REPAIR APPROVAL ERROR COUNTERPARTY LIMIT ERROR EOD ERROR MODIFIED / CANCELED FORWARD VALUED PARTIAL SETTLED SETTLED 7

8 8

9 er Reports Blotter Trade History Back Office Reports Reconciliation Reports Counterparty Limits Tracking Screen Reporting 9

10 10 <<Trade History Reporting>>

11 Confirmation 11 Confirmations MT300* for FX transactions, MT320** for MM transactions are generated automatically The rules of matching an incoming confirmation message with a created message can be defined by the users Matching Types Auto Match Partial Match Manuel Match One Sided Match *FX Confirmation **Fixed Loan/Deposit Confirmation

12 Confirmation 12

13 Settlement Expectation Expectation records are created after backoffice approval The rules of matching an incoming MT910*/MT942** message with the system created expectation records can be defined by the users Matching Types Auto Match Manuel Match One Sided Match *Confirmation of Credit **Interim Transaction Report 13

14 Settlement 14

15 Settlement Settlement Queue WAITING FOR RELEASE FUTURE PAYMENTS RELEASE HOLD NETTING CANDIDATES NETTING APPROVAL GET BACK FUNDS RELEASED REJECTED 15

16 Settlement Netting Easy-to-use netting functionality Transactions in multiple currencies can be netted via one-click System decides which transactions should be netted based on SSI Users have the option to remove transactions from netting queue Users have the option to add transactions to the netting queue 16

17 Settlement 17

18 Payment Payments are created after; Back Office Approval Limit Availability Confirmation Matching Payment messages are created automatically EFT Messages for TL transactions SWIFT Messages for FX transactions Cover SWIFT Messages for ALL transactions SSI The message type that should be generated can be customized for each SSI 18

19 Payment 19

20 Risk Risk Accounting Reconcilation 4 eyes principle Limit controls AML integration AML processes STP processing can be disabled easily Can be Integrated with Risk Systems Reporting End of Day 20

21 Accounting Risk Accounting Reconcilation Reporting End of Day Online/realtime Value date/trade date accounting Predefined accounting templates Position online availability Accruals Revaluation Taxation Data export option to other GL systems Regulatory Reporting 21

22 Reconciliation Risk Accounting Periods Intraday End Of Day Reconciliation Reporting Types Field Differences Number of Transaction Differences End of Day 22

23 Reconciliation 23

24 Reporting Risk Accounting Reconciliation Reporting End of Day er Reports Blotter Trade History Back Office Reports Reconciliation Reports Counterparty Limits Tracking Screen Reporting 24

25 Reporting 25

26 End of Day Risk Accounting Reconciliation MM & FX Counterparty Limits Limit & Risk Valuations Accounting (if preferred during EOD) Accruals Reporting End of Day EOD processes can be triggered by users can be triggered by services 26

27 Interfaces 27 Counterparty Limits Core Banking Packages SWIFT FIX EFT BIST Trading Platforms WinBank Treasury Masak Algo Platforms Regulatory Reporting AML Price Feed Central Bank of Turkey Risk

Financial Data Flow 28 General Ledger Financial Institution Trading Platform BIST Overseas Platforms Bank 1 Bank 2 Trading Systems SWIFT Settlement & Clearing Inst.

28 Financial Data Flow 28 General Ledger Financial Institution Trading Platform BIST Overseas Platforms Bank 1 Bank 2 Trading Systems SWIFT Settlement & Clearing Inst. BIS Translator Cashman Treasury Fixed Income Custody Viop MKK Treasury Backoffice Securities Blotter Cash Blotter Payment Systems Takas Counterparty Tax Swift Eft/Emkt Banking Financial Institution Winbank Core Parameters Authorization Users Bank 1 Bank 2 CBT(TCMB)

29 Financial Data Flow 29 Trading Platform Risk Mangement Systems FX TRD 1 RMS 1 TRD 2 MM SWIFT RMS 2 TRD 3 Treasury Services Payment Systems Translator YP Swift Integration Tables Transaction Tables TL Eft/Emkt CBT(TCMB) Cash Blotter Counterparty Screens FI Fixed Income BIST

30 SWIFT & EFT 30 Financial Institution Instruction SWIFT Fax, Phone etc. Bank 1 Bank 2 CBT (TCMB) Customer Service Correspondent Bank Translator Manuel Entry Eft/Emkt Translator Swift Format & Data Validation Format & Data Validation Transaction Tables Incoming Message Tables Transaction Tables Incoming Message Tables Matching TL Is FX? FX Banking FX TL Expectation Records Outgoing Message Tables FX Expectation Records Outgoing Message Table Financial Results

Advantages of the Product 31 STP from deal capture, to settlement

of ready adapters Accounting rules, parametrical definition

routing of SWIFT/EFT messages, payments and confirmations New

31 Advantages of the Product 31 STP from deal capture, to settlement and accounting Parametrical design Powerful interfaces Broad range of ready adapters Accounting rules, parametrical definition Automatic creation of expectation messages Automatic creation and routing of SWIFT/EFT messages, payments and confirmations New technology User, role based security. Four eyes principles. Netting functionality

32 32 Teşekkürler. İletişim Bilgileri websitesi:

33 Soru & Cevap 33 Winbank TM Treasury

34 34 Üsküdar İçerenköy Yolu Cd. No:10 VIP Center Kat:2, Ataşehir İstanbul / TÜRKİYE T: F: info@biscozum.com.tr

Foreign Exchange Programme

Foreign Exchange Programme Jackie Farrow, Senior Relationship Manager, FX, Broker Dealers Peter O Keefe, Senior Manager, Broker Dealers Operational Managers Group, European Central Bank Madrid, 20 th May,