Award-winning UK Bank Selects Planixs Realiti Essentials to Ensure BCBS248 Compliance and Manage its Intraday Liquidity

  • Liquidity , Cloud
  • 10.01.2020 06:58 am

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

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

The award-winning bank commented, “We are delighted to have selected Planixs’ Realiti Essentials as our solution to BCBS248 regulatory reporting and intraday liquidity. After an extensive review of the market only Realiti Essentials met our functional and cost needs and we look forward to a rapid implementation with their latest market offering”.

Neville Roberts, Planixs’ CEO said, “This UK-based bank needed a low-cost solution to meet its regulatory compliance needs (BCBS248) and manage its intraday liquidity on a daily basis. We are thrilled that they have chosen Realiti Essentials as their solution of choice to address their needs. Our latest Realiti offering is set to allow all SME banks and financial institutions across the world to meet these challenges”.

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.

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