KYB and Real-time treasury: Difference between pages

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imported>Doug Williamson
(Remove surplus link.)
 
imported>Doug Williamson
(Create page: Source The Group Treasurer: an ACT Guide to the first 100 days, Page 49.)
 
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1. ''Anti money laundering''.  
The concept of a treasury with fully automated routine processing which is updated instantly and data displayed immediately.  


Know Your Business.
Real-time treasury aims to helps treasurers make timely decisions based on live information.




2. ''Credit risk management''.
Key benefits of real-time treasury include:


Know Your Bank.
* eliminating labour-intensive processes
* reducing the need for hedging and liquidity buffers
* lowering gross debt
* eliminating FX exposures faster
* reducing local bank credit risk




== See also ==
<span style="color:#4B0082">'''Vision for the future'''</span>
* [[Dodd-Frank]]
* [[EMIR]]
* [[FATCA]]
* [[Know your business]]
* [[Know-your-customer]]  (KYC)
* [[KY3P]]
* [[MiFID]]
* [[Money laundering]]
* [[PEP]]


[[Category:Accounting,_tax_and_regulation]]
:While a fully real-time treasury remains a vision for the future, its building blocks are already in place, with the instruments, solutions and technology that real-time treasury will rely on already proven and in use.
[[Category:The_business_context]]
 
[[Category:Identify_and_assess_risks]]
:''The road to real-time treasury, Deutsche Bank, page 24''
[[Category:Manage_risks]]
 
[[Category:Risk_frameworks]]
 
[[Category:Risk_reporting]]
 
==See also==
* [[Real-time gross settlement system]]
* [[Real-time Payments]]
* [[Real-time transmission, processing or settlement]]
 
[[Category:Cash_management]]
[[Category:Treasury_operations_infrastructure]]

Revision as of 11:54, 8 October 2020

The concept of a treasury with fully automated routine processing which is updated instantly and data displayed immediately.

Real-time treasury aims to helps treasurers make timely decisions based on live information.


Key benefits of real-time treasury include:

  • eliminating labour-intensive processes
  • reducing the need for hedging and liquidity buffers
  • lowering gross debt
  • eliminating FX exposures faster
  • reducing local bank credit risk


Vision for the future

While a fully real-time treasury remains a vision for the future, its building blocks are already in place, with the instruments, solutions and technology that real-time treasury will rely on already proven and in use.
The road to real-time treasury, Deutsche Bank, page 24


See also

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