The corporate treasury landscape is becoming even more complex—underscoring the need for highly efficient solutions worldwide.
Globalization has introduced new challenges for treasury and liquidity management. A more fully integrated offering that combines local and regional needs is required within the scope of a global strategy to optimize working capital.
Corporate clients are increasingly looking for robust regional banking solutions in conjunction with comprehensive global capabilities to achieve their overall cash management objectives. Key goals are lowering costs, improving operational efficiency, streamlining process flows and automating tasks that were formerly manual. In addition, a more intense compliance environment is driving corporations to maintain greater control over their cash flows.
Accommodating the regulated environment surrounding initiatives such as Sarbanes-Oxley and Basel II is an enormous challenge. As a result, clients are seeking standardized solutions that offer the feature functionality as well as the processes to support control requirements on a global basis.
The Single Solution Advantage
Corporate clients are looking to benefit from a centralized liquidity management offering. A unified global liquidity solution provides better operational efficiency. By standardizing the way that they operate globally, corporations will profit from streamlined processes.
Without this functionality, there is a looming potential for breakages as different people handle different processes. Global cash flow forecasting is of greater importance as a result of the changed regulatory environment. Tracking cash accurately within and outside an organization is critical and a global liquidity platform makes it possible to better assimilate this information to carefully assess the global cash position and forecast future needs.
A single solution offers a consistent look and feel across many different regions, simplifying the implementation process. It is helpful to have interconnectivity from one region to the next. Multinational corporations will benefit from employees being able to speak the same "language"—the cash management dialect—from one region to another.
A New Global Cash Pooling Engine
As a leading global provider of US dollar and euro cash management services, Deutsche Bank now links these two largest global currency markets through its single common liquidity management platform. This service is ideal for multinational corporations that are seeking one solution on a global basis. This platform delivers automated investment capabilities in multiple markets with a consistent product offering across regions.
Deutsche Bank's global cash pooling engine provides real-time interfaces into various credit and money transfer systems, enabling the Bank to offer enhanced pooling and investment products along with global reporting capabilities.
The platform's flexibility permits customization for the addition of new functionality in a timely manner. The Bank's enhanced global liquidity platform provides standardized features and processes on a global basis. One system that handles multiple treasury functionalities at the same time in various time zones results in increased control over cash flows and improved forecasting, in addition to reduced liquidity risk.
Benefits Ahead
As the needs of corporations are stretching into different parts of the globe, only a few providers will be able to offer solutions that will adapt to their expanding requirements. By presenting a global overlay combined with robust intraregional capabilities to accommodate regional-specific feature functionality, the provisions of treasurers—today and tomorrow—will be met on a global and local level.
Deutsche Bank's global cash pooling engine offers a single liquidity management platform that leads to centralized global treasury management at a level that until now was not even considered possible.
