AcumenNet: a turnkey front-to-back treasury solution enhanced with powerful capabilities
Profile Software, an international financial solutions provider, announced today the release of the enhanced AcumenNet, the leading comprehensive treasury management solution by Login SA, a Profile Company, with powerful Front-to-Back Office and Risk Controlling capabilities, wide instrument coverage and high level of automation.
AcumenNet is a fully integrated web-based Front-to-Back Office and Accounting platform covering all financial markets transactions, such as money market, forex, collateral deals, securities, interest, currency and asset swaps, equities, futures and FRA, OTC and exchange-traded options, credit linked instruments, commodities and Islamic deals. It can easily integrate with any back-end Core Banking or General Ledger System to deliver a Straight Through Processing (STP) experience. The solution already has successful implementations across 15 countries, due to its open architecture, modular approach and standardised interface tool kit that allows efficient integration with the Bank’s existing systems.
AcumenNet has been enriched with powerful capabilities, addressing the challenging and evolving needs of Treasury departments and their clients in a single and integrated environment. AcumenNet includes an advanced user interface, seamless deal flow through the various stages of deal life cycle with all necessary security checks (limit break authorisation, deal validation and authorisation), real time updates for all types of deals and branch deals that allow continuous calculation of Position (Currency Position, Gap Analysis), P&L, Limits (Regulatory Ratios, Credit and Settlement Risk), Risk Analysis (VaR, Sensitivities) and full STP with intermediate checking points (acceptance, validation of deal).
The latest version includes SWIFT automatically generated messages (confirmations, payments, etc.) that eliminate double inputs and thus increase productivity, as well as advanced Reporting functionalities, allowing fully customisable reports with synthetic views of Valuations and Analytics (P&L, Duration, Sensitivity, Volumes, etc.) across time, clients, portfolios, branches or departments and with user-definable drill-downs where required.
Furthermore, user-defined blotters are available to monitor dealing activity for the Traders, the Middle and Back Office users, allowing them to customise screens and report information, whereas supervision blotters enable to direct transactions towards designated users for further processing, filtering per type of instrument and per deal status. AcumenNet also incorporates multiple advanced customisable monitoring and management tools to analyse the profitability of activities, in regards to market, liquidity, operational risk and regulatory rules. The back office functionality includes paperless transfer of trades, automated printouts of deal slips and tailor-made reports, such as maturity diaries or fixing resets, offering a high level of security.
AcumenNet brings great benefits to financial institutions, enabling them to achieve efficiency across operations, by automating the entire cycle of treasury and investment process in real time and in accordance with global standards. AcumenNet is an ideal sophisticated, flexible and cost-effective treasury solution that can be deployed in a single platform, delivering value-added treasury services that drive growth and profitability.