Ghana International Bank (GHIB) Extends Use of Planixs Intraday Liquidity Management Software
- 09.09.2020 03:44 pm
Existing Planixs customer, Ghana International Bank (GHIB), has renewed its contract with the leading provider of real-time, intraday cash, collateral and liquidity management solutions, to continue to manage its cash and liquidity through Planixs’ Realiti® treasury software suite.
Through its Realiti software, UK-based Planixs provides treasury functions with the ability to gain real-time visibility of their cash, collateral and liquidity at any point during the day, allowing them to use this insight to improve treasury operations, better manage liquidity risk, ensure regulatory compliance and reduce overdraft and liquidity buffer costs.
After an exhaustive evaluation process to establish the best real-time treasury software on the market, Ghana International Bank selected Planixs’ Realiti® software in May 2017 in order to improve the bank’s intraday liquidity management capabilities and to ensure compliance with BCBS 248 and the UK PRA's intraday liquidity monitoring regime.
The banking firm initially signed up to Planixs’ Realiti software solution for three years, however, after experiencing such success with the software and benefitting from true, real-time intraday insight and improved regulatory compliance processes, Ghana have extended the contract for a further three years.
Head of Treasury Operations at Ghana International Bank, comments: “We have been very impressed with the enhanced capabilities that Realiti has provided us with across cash and liquidity management. For us, extending our contract with Planixs and the use of Realiti was a natural step – we look forward to our continued working relationship with Planixs”.
Neville Roberts, CEO at Planixs, adds: “We designed our Realiti solution to help banks gain better insight into their day-to-day transactions, improve their liquidity management processes and ensure they are meeting regulatory reporting guidelines. We are delighted that GHIB are experiencing these benefits and have extended use of our Realiti software for a further three years”.
Realiti continues to be the pioneering real-time 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.