Portfolio - Integrated Treasury Management (ITS)

With the Integrated Treasury System ITS ecofinance offers a comprehensive solution for the efficient handling of all financial processes of internationally operating companies. Due to its modular structure ITS can be combined/extended in a flexible manner meeting the individual needs of corporates.

ITS brings about the

• acceleration of processes,
• increase in the quality of work,
• integration of data,
• automation of work routines,
• time and cost saving.

Global Treasury
ITS enables local entities to access the application at any time. Local users are granted easy and secure access via Internet, Intranet or CITRIX. In this way local entities can assist the central group treasury by entering planning data. Bank account statements are imported automatically. The integrated reporting gives local cash managers an overview of the financial status within their company. ITS is offered in German and English (other languages on request) and supports all central and local treasury concepts such as Treasury Centre, Inhouse Banking, Netting Centre and Payment Factory.

Fields of Application
ITS offers modules to cover the fields of

• Cash Management,
• Payments Management,
• Treasury Management and
• Risk Management.

Cash Management
The Cash Management modules of ITS serve to administer and process all cash flows in the company. The cash flows are imported, automatically produced in ITS or entered manually. In line with the Automatic Bank Statement Processing electronic account information is reconciled automatically with the cash flows entered in ITS. The Account Assignment and Posting Module then generates posting files for further processing in the external general ledger. The Liquidity Planning module is a flexible tool for managing future cash flows. Planning horizons well as liquidity groups can be defined individually. ITS supports rolling horizons and offers a data cube to drill down aggregated information.

Payments Management
Along with the typical payment functionality ITS provides the opportunity to deploy a Payment Factory to save transaction costs through numerous optimisation rules. In connection with the Cash Management module effective Cash Pooling can be easily illustrated. Moreover, it is possible to perform permanent or key-date Netting. Payment Files in different formats can be generated and sent directly to the bank with or without electronic signatures.

Treasury Management
In the field of Treasury Management ITS offers modules for the entry and administration of money market deals, FX deals, interest rate derivatives, loans, leasing agreements, guarantees, other contingent liabilities and securities (bonds, funds, stock). The cash flows of these transactions are incorporated automatically in the payment processing and planning of ITS and are available for adhoc reporting and within the report system.

Risk Management
To fulfil the most diverse requirements in managing and controlling risks ITS offers a broad range of special modules, e.g. for the simulation of specific deals and scenarios, for limit administration and limit monitoring (dealer limits, counterparty limits, currency limits, credit lines, etc.) or for the allocation and classification of underlying transactions and hedges (Hedge Relations) including effectiveness testing according to the US-GAAP, IFRS/IAS regulations. Another powerful module is available for the calculation of the Value at Risk of individual transactions or portfolios that have been individually defined.

Adhoc-Reporting / Monitoring
ITS provides calculations and graphics directly on the user interface and offers a wide range of standard reports to evaluate information from every module. Furthermore the user has the possibility to create individual reports. In addition a sophisticated system technology provides high automation, monitoring of processes and workflows, maximum performance and secure data exchange.

System Integration
ITS runs on Oracle and MS SQL databases supporting UNIX, LINUX and Microsoft Windows. Flexible interfaces allow seamless customising to surrounding systems (financial accounting, electronic banking software, MS Office, e-mail systems, market data providers, Internet trading platforms, consolidation software, etc.).