Embracing the future (TTCM Mar09 p4-5)

In a business climate that is creating a huge strain on treasury operations, HSBC’s solution can offer the following in three levels:

  • Technology and integration with a non-proprietary single interface providing a standard format and multi-bank connectivity.
  • Account balance and payment transaction management with automatic reconciliation providing a strong exception reporting model.
  • An embedded treasury management system which provides cash, investment, debt and FX management within an in-house bank/payment factory set up.

And all of the above are supported by a commercial model which eliminates capital expenditure and reduces the total cost of ownership to a simple monthly fee.

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