Tradeshape, a provider of cash and liquidity management applications, has launched TS CAS Manager, which will allow financial institutions to manage their capital once a trade has been executed and thus to “know their traded world.”
The information required for any company to have an accurate and up to date position of its cash and liquidity is actually stored in multiple systems, departments and locations and often collated manually. Until now, there has not been an application that is purely focused on extracting and making productive use of that data.
However, TS CAS Manager from Tradeshape can combine data from all relevant sources to provide up to the second stock and cash positions.
“We are piloting TS CAS Manager with early adopters and product partners from several well known financial institutions,” says Siobhain Hayden, managing director of Tradeshape. “The reaction we have had when demonstrating the solution has been extremely positive. Companies appreciate that this is a dedicated solution that was built for a specific task and as a result it will allow users to make better, more informed business decisions which will have a critical impact on profitability and at the same time save on manpower.”