Treasury Messaging

Each treasury operation is composed of a variety of different systems and it is vital that these systems are capable of supporting the needs of time critical processing. Many of these systems  require ongoing support, particularly to ensure that bank connectivity remains current with respect to formats and protocols used.  Maintenance of these systems is time consuming and drives up operational costs.

AvantGard can help corporations meet these challenges by supplying a single communication channel for bank connectivity.  In doing so, AvantGard interfaces with the multitude of back-office systems and then connects out via a secure SWIFT connection.  The AvantGard Payments suite offers Treasury business process workflows which are based on industry ‘best practices’. The workflow for treasury payments includes business validations such as checking of BIC, is it present and correct. With flexible signing administration so that the Payment Approval controls meet your internal control policies.

AvantGard Payments can also process end of day account statements and intraday reports; using dedicated process workflows to capture the business requirements. Corporations also benefit from a message workflow to process all treasury messages such as trade confirmations and notice to receive messages; this workflow ensures Straight-Through-Processing by validating the format before passing to the SWIFT network. 

A single centralized solution offers a more far reaching solution with automatic updates to formats and protocol helping to keep the organization connected without experiencing drops in service or high costs of maintenance.

Features:

  • Treasury Payments Business Process Workflow
  • Secure Connectivity
  • Hosting of Treasury Messaging Hub for lower TCO
  • Adaptive Integration to Treasury Systems
  • Account Statement and Intraday Business Process Workflows
  • User Management
  • Message workflow for Trade confirmations, Notice to Receive Messages

Benefits:

  • Lower Total Cost of Ownership
  • Single Channel Approach for Bank Connectivity
  • Standardized Processing
  • Increased Security and Audit Compliance
  • Improved Visibility to Treasury Operations

EcoSystem Connectivity:
Connect to banking partners via a single channel for improved efficiencies and security.