Different Branches of a Bank across international boundaries can deal in a variety of Treasury Products. Due to time differences and the extreme volatility of the marketplace, Head Offices have a difficult time controlling Positions and Limits.
Most existing Treasury Control Systems are extremely expensive and cannot be modified to accommodate new Treasury Products in a reasonable time frame.
T-Con is very flexible Treasury Control System which can be implemented at a fraction of the price of competing systems.
Key Features :
Unlimited Treasury Products
Users can define absolutely any type of product and attach different risk percentages to each product.
Multiple Exchange Rates
T-Con supports any number of foreign exchange conversion rates.
Interface to PAY
T-Con has an interface to PAY allowing system generated SWIFT messages for settlements.
T-Con has a simple entry screen for front office making it a highly dealer friendly at the same time allowing back office to implement a sophisticated vertical and horizontal regulatory system.
System Features :
User Defined Limits
T-Cons parameter driven limit tables allow users to set up any type of limit for a banks global, branch or counter-party position.
T-Con uses Testkeys, PKI (Asymmetrical Encryption), Symmetrical Encryption, Server Passwords, SSL and Hardware Dongles making it a highly secure system.
T-Con is a Real-Time On-Line system allowing limits to be in place 24 hours a day, 7 days a week.
uses the TCP/IP Protocol allowing users to choose the communication medium
from Dial-Up Lines, Leased Lines, VSAT or the Internet depending upon
volumes and risk perceptions at different banks/branches.
All messages generated by T-Con are XML messages allowing easy integration to external systems.
T-Con is a PC-Windows based system requiring only one web server at the controlling office irrespective of the number branches being controlled. This makes it a very cost effective system available at a fraction of the price of competing systems.