Emerging-markets financial institution selects Adenza to manage its central banking operational functions front to back
Compelling Event and Decision Drivers
Central banks play a fundamental role in ensuring jurisdictional-financial stability in their respective economies, which is especially relevant given today’s market and geopolitical conditions. In this context, another central bank did what a growing number of its counterparts around the globe already do ― rely on Adenza.
The client was seeking to upgrade its reserve management system to cater to the growing expectation of its exchange market business unit, automate its current operating model to facilitate portfolio expansion into different product segments, and conduct monetary operations for interest rate stabilization in local money markets. By leveraging Adenza’s Calypso best-in-class central bank management solution, it was able to meet all of those needs while futureproofing itself for subsequent requirements.
Adenza’s Calypso Central Banking Solution
Designed to improve operational efficiency ― reducing risks and costs ― this solution enables central banks to optimize operations, manage reserves for third party and internal portfolios in real time, and flexibly monitor risks, Monte Carlo VaR, performance benchmarks and limits for cash and derivative financial instruments across asset classes, including commodities and inflation-linked products. The solution also enables clients to futureproof themselves with a solid foundation that scales to address subsequent requirements, such as MX settlement messaging, increased straight-through processing (STP) ratios, and automated collateral management.
Based on international best practices and standards, the solution is also available via the cloud. For central banks. Adenza’s CapCloudTM adoption represents a significant leap forward for treasury and risk management systems, increasing their time to market and business agility.
- Unrivalled automation for seamless cross-asset expansion
- Increased visibility into P&L and risk in a single muti-asset platform for comprehensive real-time reserve management
- Ability to consolidate or replace fragmented reserve systems with one solution for a “single source of truth”