Integrated, scalable and comprehensive cross-asset class treasury & risk management solution
In today's market you need group-wide visibility of all available cash and you need to be able to leverage internal cash, minimizing the requirement for external cash. You need control of exposures with all counterparties. Reduced transaction costs & cross-border payments are vital, whilst maintaining good multi bank connectivity, plus connectivity with accounting systems, Reuters and SWIFT.
Wallstreet Suite is a flexible, functionally rich single system which can be configured to the way in which the corporation own operation is run. It delivers unprecedented ROI, with immediate visibility, control and simplified compliance. It provides payment volumes, parallel accounting (multiple GAAP), multiple in-house banks, integrated payments, risk and treasury from one system. Clients include GE, IBM, Toyota, Daimler and Merck & Co
Merck & Co implemented the Wallstreet global enterprise solution to fully centralise their operations and provide full visibility of all cash across the globe: the company reduced its cash management bank relationships from 100 to three and reduced the interfaces it maintains from 400 to one standard interface using SWIFTNet and ISO20022 format. They won the Adam Smith Award in 2008 for their work.
Daimler chose Wallstreet Suite to improve the efficiencies, transparency and standardization of their entire treasury operation – 450 subsidiaries are capturing their treasury data in one centralised web-based treasury database.