Taking off with
real-time treasury
For one of the world’s busiest airports, legacy treasury systems and manual processes were holding it back from reaching new heights.
Background.
Isolated Treasury and hedging platforms, legacy processes and a newly implemented cloud ERP, represented significant challenges to enabling a singular, integrated Treasury platform vision for this client.
Approach.
A holistic approach to transformation and integration, supported by packaged testing assets and knowledge Wiki accelerators from Covarius, enabled the foundations for a truly real-time Treasury environment.
Results.
> 80%
Reduction in manual journals into ERP
~ 19 Bn
Notional value of derivatives migrated
> 95%
Elimination of manual calculations