Santander Selects Planixs' Real-Time Treasury Software to Enhance Liquidity Management Processes and Digitally Transform Treasury Operations

Banking
11:02 am
Planixs, the leading provider of real-time, intraday cash, collateral and liquidity management solutions, has announced today that its Realiti® software has been selected by
Santander, one of the Global Systemically Important Banks (GSIB) to improve its liquidity management processes, including cash management, liquidity forecasting and risk mitigation.
Santander was looking for a strategic partner and a solution that would allow the bank to obtain real-time visibility at scale over its balances, cash positions and liquidity usage. This would allow the bank to proactively manage payment flows and optimise liquidity buffers, whilst also automating processes to mitigate the risk and overheads associated with time-consuming, laborious manual tasks.

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