Planixs, the leading provider of real time, intraday cash, collateral and liquidity management solutions, today announced an award-winning UK-based bank has implemented Planixs Realiti Essentials in record time to ensure BCBS248 compliance and manage its liquidity.

Realiti Essentials is Planixs’ SaaS only, all-inclusive low-cost solution for SME banks and financial institutions to ensure regulatory compliance and help firms manage their liquidity. Realiti Essentials comprises Planixs’ Intraday Liquidity Module, Regulatory Reporting Suite and Intraday Stress Modelling Solution to cover all the liquidity and regulatory compliance needs (BCBS248) for smaller banking firms.

The leading UK bank commented, “By implementing Planixs’ Realiti Essentials we have met our three core objectives: meet BCBS248 regulatory compliance; manage our intraday liquidity; and implement rapidly at low cost. Our business users are delighted with the new capability and the return on investment has been almost immediate”.

Neville Roberts, Planixs’ CEO said, “The market was crying out for an intraday liquidity and regulatory compliance solution at a low cost. We are delighted to have implemented Realiti Essentials for this UK-based bank in under 4 weeks to cover their intraday regulatory needs”.

Planixs’ Realiti continues to be the pioneering intraday cash, collateral and liquidity management solution with live implementations at global scale. Its SaaS or on premise delivery models and high performance and scalable architecture mean that Realiti can be deployed with minimal intrusion to a bank’s infrastructure, rapidly delivering business value.

If you would like to find out more about Planixs Realiti Essentials, the company are hosting an exclusive webinar on Wednesday 26th February (14:00 GMT) that will see industry experts Jim Coleman, Head of Treasury, PCF Bank and Simon Moreton, Managing Director, Pinnacle Partners discuss the obstacles facing smaller banking firms when it comes to managing liquidity and satisfying regulatory requirements - and the best practices that can be deployed to ensure regulatory compliance. Webinar registrations can be made here.