Global Transaction Services Further Enhancing Visibility and Control Edwin Hartog Citigroup, Global Transaction Services DACT Treasury beurs, November 2nd 2006 Cash Management Trade Services and Finance Securities and Fund Services
By 2008, SOA will be a prevailing software engineering practice, ending the 40-year domination of monolithic software architecture
By 2006, recognition that SOA and enterprise architecture are fundamentally synonymous will have reached a mainstream status. By 2008, SOA will be embedded in 30% of early adaptor Global 200 business models, altering them and leveraging network economics
Whether or not you have a strategy for service oriented architecture, SOA is inevitable
… Back to “Our World”… Brueghel “the Harvesters” Today’s Treasury Landscape
“ The Quest for a Perfect Platform” Awarded under the Category “ Risk Management” For TreasuryVision
TreasuryVision – Overview TreasuryVision is Citigroup's treasury information web portal product that empowers the treasurers of global corporations to effectively manage their financial resources. TreasuryVision provides a comprehensive set of tools for analysing and managing the company cash, debt, investment and forecasting data across business units, legal entities and regions, where all the corporate information is collected and aggregated from various institutions providing a single view into their liquidity position. Visibility of treasury related financial information to support enterprise liquidity and risk management activities. Control over liquidity and risk management related workflows. Ability to monitor the compliance with treasury policies throughout the enterprise. Appropriate use of traditional banking products for collecting liquidity, hedging exposures, investing surpluses and funding to meet short, medium and long-term needs.
Multiple banking relationships
Multiple countries of operation
To obtain ‘Visibility’ and ‘Control’
TreasuryVision – Modules TreasuryVision Service Modules
Workflow, analytics, reporting, leverage aggregated data
Delayed pricing, news / quotes, ratings to support benchmarking and risk management
Comparing TreasuryVision to a Treasury Management System Treasury Process TreasuryVision TMS Polling & Parsing EOD Statement Aggregation Reconciliation Cash Positioning Calculate EOD Forecast & Forecast vs. Actual Varies by provider Funds Transfer Global Cash & FX Position Analysis Other Account Management Varies by provider SOX Compliance Varies by provider GL Interface Netting & Foreign Exchange Risk & Hedge Accounting Excellent Fair Unaddressed
Comparing TreasuryVision to a Treasury Management System
Polling & Parsing
Taps into bank SWIFT Channels
TAPS into customers internal stored information
Single secure source for enterprise wide forecasting
Aggregate and monitor multi-bank data feeds on behalf of our clients
Convert the data into Information through state-of-the-art portal
Treasury related workflow tools (e.g. client side bank account opening request / approval tool)
An Active Service Data Aggregation Analytics Information Distribution Solution Design Information Warehouse B r o w s e r A p p l i c a t i o n Citibank Other Banks Cash Analytics Investment Analytics Risk Analytics Metrics Analytics Workflow
TreasuryVision Data Aggregation provides information on all your accounts around the world via Citigroup’s electronic banking platforms and interfaces to TMS / ERP systems
Transaction information reported into Citigroup from third party banks via SWIFT MT940 or MT950 message. Balance and transaction information is presented in a standard format
Where SWIFT messaging not available, we have a choice of third-party data aggregators
Citigroup Branches Domestic Cash Bank(s) MT940 MT950 MT942 Citigroup Branches ‘ CITIGB2LIFP’ TreasuryVision CitiDirect Client TMS/ERP Obtaining Balance Information from Third Party Banks Information Warehouse
View trend across Days / Months / Quarters & Years
Information on various Business Units and hierarchies
Separation of relevant data based on permissions
Subsidiary Treasury Users
Manual and Workflow based Entry (Maker Checker)
Control on information based on permissions
Quick information availability
Freedom from multiple spreadsheet maintenances
How to Position Within Your Organisation? Information Warehouse Web Dashboards Bank 2 Bank 2 Bank 3 Bank 3 User 1 User 1 System 1 System 1 Citibank Bank 1 Electronic banking Excel TMS ERP CFO Global Treasurer Regional Treasurer Cash Manager Controller … . Cash Analytics Investment Analytics Risk Analytics Metrics Reports Metrics Reports Metrics Reports Analytics Analytics Analytics Workflow Workflow Workflow
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