Regional Banks
As regional banks seek greater transparency and efficiency in their operations while protecting against risk, they require automated and integrated operational workflows, broad and deep instrument coverage, and client self-service tools to meet increasing competitive demands. Regional banks need automated solutions to help them manage a wide range of asset classes on a single platform to help improve efficiency while gaining holistic views of risk and trading activity.
Sierra provides regional banks with a complete front- to back-office FX and treasury solution, from deal capture to general ledger accounting. With Sierra, regional banks can achieve greater operational efficiencies using one cross-asset, hosted solution for cash management, risk management, accounting and settlements, that offers one reliable process and workflow. It helps banks improve transparency; enhance service to clients, and control credit exposure and risk.
Sierra provides:
- Full automated FX and cross-asset treasury with broad and deep functionality in one platform
- Straight-through, front- to back-office processing for a wide range of assets
- Aggregate positions, P&L and deal workflow in one front- to back-office solution
- Real-time connectivity to trade execution engines, market data feeds, and other systems
- Client tools and Web portals to help increase transparency and enhance service
- Automatic updates aligned with new accounting rules and compliance reporting
- Hosted solution offers rapid implementation, on-boarding and time to market
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