Barclays has teamed up with software firm Planixs, to create a global intraday liquidity solution, to improve management and control of intraday liquidity risks.
The solution has already gone live across Barclays’ key locations, using Planixs’ Realiti software, which enables users to analyse intraday liquidity while being compliant with the Basel committee’s intraday monitoring rules.
Helmut Mannhardt, global head of funding and liquidity at Barclays explained due to the nature of its business, Barclays needed to have a “holistic view” of its intraday liquidity, across many time zones and currencies.
Mannhardt added: “We will use Realiti to support the evolving BCBS248 regulations and deliver significant benefits across our funding, cash and liquidity management functions.”
Barclays launches global intraday liquidity solution
Liquidity solution to improve intraday liquidity monitoring, whilst being compliant with Basel III’s reporting requirements.