Many treasury professionals spend too much time performing manual tasks – filling out paper forms, tracking missing information and sending reminders. FIS^™' treasury solution suite provides an electronic bank account management (eBAM) software solution that enables treasury professionals to introduce standard workflows for opening, closing and maintaining bank accounts, eliminating these manual processes.

• Use eBAM to automatically generate documents, correspondence and electronic messages and deliver them via SWIFT or directly to banking partners.
• Simplify the certification process and audit requests each quarter with a bank fee analysis eBAM solution that makes it part of the standard bank relationship management process.
• Eliminate the need to spend time filling out forms and hunting down missing information.
• Avoid the loss of funds or the misstatement of financial statements by putting effective controls in place and gaining visibility to cash.
• Simplify bank fee analysis, automate the certification process and audit requests, and maintain tight control over your bank accounts.

Treasury and payments solutions require secure and reliable integration with banking partners, enterprise resource planning (ERPs), trading portals and more. For superior bank connectivity, FIS^™’ treasury management solution integrates with all of these connections.

• Integrate with ERPs and accounting systems.
• Integrate with FIS’ short-term investment portal as well as foreign exchange and derivative portals.
• Securely, reliably and cost-effectively outsource all aspects of the management of your bank connectivity to FIS.

Although standardizing and centralizing payment workflow is a key practice in the prevention of fraud, most large corporations have not done so. Further, they are bypassing significant cost savings. With the FIS^™ payments and bank connectivity solution, corporations can lower costs, reduce fraud, increase operational efficiency and controls, and gain global cash visibility.

• Centralize payments for improved visibility and control.
• Mitigate risk of fraud and errors.
• Handle all payment types – ISO 20022 XML, bulk/ACH, treasury, wires, direct debits and manual payments.
• Easily reconcile payments.
• Securely, reliably and cost-effectively outsource all aspects of the management of bank connectivity.
• Outsource to FIS, certified by SWIFT as a premier service bureau.

A fully reconciled view of treasury accounts is a critical starting point for determining daily cash positions. FIS^™ automates cash reconciliation by validating balance and transaction imports based on user-defined rules.

• Increase efficiency by automating cash reconciliation, which validates balance and transaction imports based on user-defined rules.
• Achieve exception based reporting on account balances and rogue payments and receipts.
• Gain intraday reconciled positions as and when available by bank.

Manually entering deals generated from electronic trading platforms can introduce data entry errors that negatively impact downstream processes and reports. Equally important is secure, guaranteed and efficient movement of cash. FIS^™’ treasury solution for trading, confirmation and cash settlements provides the dealer with an integrated desktop that offers all information required for pre-deal decision-making.

• Integrate with trading portals including foreign exchange, short-term investments, and derivative portals for real-time position updates.
• Introduce workflow controls based on dealing and confirmation status and the configuration of a comprehensive workflow for authorization, segregation of duties and tiered approval requirement.
• Efficiently manage intercompany transactions and settle them internally using a comprehensive multilateral netting solution.
• Receive quote management for competitive analysis on dealing platforms.
• Gain up-to-the minute position reporting, pricing tools and pre-deal credit limit checking.
• Gain customizable entry screens and web-based options for remote input of treasury wires/payments and urgent cash settlements.
• Reduce the number of external payments, cross border flows and foreign exchange deals.

Treasurers rely on a combination of financial services solutions, treasury technology and strategic advisory services to accomplish strategic goals. The FIS Treasury Partnership Program is a unique alliance of those third-party treasury services and solution providers, intended to help FIS clients do everything from simplifying integration to optimizing capital structure.

The FIS Treasury Partnership Program community has three distinct groups:

• Treasury Management Consultancies: FIS partners with only the best treasury and risk management consultants in order to help our mutual clients optimize technology and overcome challenges that go beyond the realm treasury technology.
• Banks: As the world’s largest provider of financial technology solutions, FIS has experience working with both banks and their corporate clients. Our goal is to empower banks to provide better, more comprehensive treasury technological advisory services and solutions to corporate clients.
• Treasury Technology Providers: FIS partners with an array of specialized treasury technology providers, including banks, trading portals, rate providers, ERPs and more, with the objective of streamlining and simplifying integration for mutual clients.