Tag Archives: straight through processing

What Percentage Of Your Transactions Are Processed Straight Through?

The Aite Group recently surveyed senior treasury and receivables management at 80 top US corporations.  About half of the transactions at these firms were processed straight through.  As a result, there remains a lot of opportunity to reduce costs and mitigate risk by increasing straight-through-processing (STP) of transactions.  In addition, banks can help their corporate clients get better information about their payments and posting.  For example, Treasury managers need to know where they can invest excess cash and where their funds are throughout the organizations to borrow internal cash.

At SIBOS 2010 (October 25-29 in Amsterdam), Informatica will discuss how the Informatica SWIFT Integration solution enables your customers to achieve true STP and get better information about their payments. This is especially critical given all the new regulation and industry changes that have been reflected in the latest SWIFT standard.  With Informatica’s 2010 SWIFT certified solution, organizations can: (more…)

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Posted in B2B, B2B Data Exchange | Tagged , , , , , , | 12 Comments

MDM – What’s The Cost Of Bad Data In Financial Services?

One of the most critical first steps for financial services firms looking to implement multidomain master data management (MDM) is to quantify the cost savings they could achieve.

Unfortunately, a thorough analysis of potential ROI is also one of the steps least followed (a key culprit being disconnects between business and IT).

This shortcoming is spotlighted in a new Informatica white paper, “Five Steps to Managing Reference Data More Effectively in Investment Banking,” which outlines key questions to ask in sizing up the cost implications of bad data and antiquated systems, such as:

  • How long does it take to introduce a new security to trade?
  • How many settlements need to be fixed manually?
  • How many redundant data feeds does your firm have to manage?
  • How accurate and complete are your end-of-day reports?
  • Do you have the data you need to minimize risk and exposure? (more…)
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Posted in Enterprise Data Management, Financial Services, Governance, Risk and Compliance, Master Data Management, Operational Efficiency | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment