Finance and Banking
The ITAS Finance & Banking Module facilitates control over liquidity risk and offers comprehensive, fully integrated range of corporate banking facilities including:
  • Loans and deposit administration linked to the underlying physical or other collateral.
  • Management of letter of credit facilities
LOC database is automatically updated if a trade has any relevant LOC payment terms, providing full integration between the trading and treasury departments. Any changes to the letter of credit status (e.g. drawings or discrepancies) are recorded and several alternate reports can be generated.
  • Cash flow and cash commitments (usage versus limits)
  • A direct front end link for electronic cash payments and receipts with leading international banks is also offered as standard.
  • Treasury instruments trading administration.
Examples of the treasury instruments that can be administered in the Finance and Banking Module include:
  • Foreign Exchange
  • Loans
  • Deposits
  • Bonds
  • Forward Rate Agreements (FRA)
  • Currency Options
  • Shares