Treasury Money Market Solution
The Treasury Money Market (TMM) solution enables treasury operations to manage and publish money-market rates across multiple currencies. It automates the calculation of bid-ask spreads, generates prices for various settlement dates, and provides a user-friendly interface to search rates by currency. Additionally, the system facilitates desks requesting rates for non-standard dates, addressing operational inefficiencies.
Video Highlights
Automated treasury money market pricing
The TMM application replaces spreadsheet-based rate publishing with a controlled platform for managing treasury money market rates across multiple currencies.
Dynamic rate calculation and publishing
Traders can calculate prices for different settlement dates, amend rates and spreads, and publish approved prices directly to sales desks in real time.
Built-in governance and auditability
Permissions, audit trails, and saved pricing history provide full visibility into rate changes, approvals, publishing activity, and user access across the application.
Platform Overview
Features & Capabilities
Multi-Currency Rate Management
Publish and manage money-market rates across a wide range of currencies from a centralized platform.
Automated Bid-Ask Spread Calculation
Automatically calculates bid-ask spreads, reducing manual input and ensuring consistency in pricing.
Multiple Settlement Date Pricing
Generate accurate prices for standard and custom settlement dates, supporting short-term funding and liquidity needs.
Flexible Rate Requests
Allows trading desks to request and generate rates for non-standard dates with greater flexibility and responsiveness.
User-Friendly Interface
Enables quick searching, filtering, and viewing of rates by currency and settlement date.
Operational Efficiency
Streamlines workflows by reducing manual processes and improving speed and accuracy in rate generation and publication.
Centralized Pricing Control
Supports consistent rate governance across currencies, settlement dates, and publishing workflows.
Integrations
Internal Systems
Integrates reference data, analytics, and compliance systems into the rate management workflow.
Customization & Extensibility
Configurable Upstream Providers
Configure upstream providers for spreads and curve pricing to support internal rate workflows.
Customization & Extensibility
Role-Based Entitlements
Configure segregation and entitlements between sales and trading teams.
Performance Metrics & Scalability
Cloud & On-Prem Scalability
Deployed on AWS, Azure, Google Cloud, or on-prem environments, supporting dynamic scaling.
Security & Compliance
Enterprise Authentication
Supports SSO, OAuth2, JWT, and Active Directory, ensuring secure access control.
Encryption & Auditability
AES-256 encryption protects data at rest and in transit, with full audit trails for regulatory compliance.
Regulatory Compliance & Surveillance
Built-in compliance monitoring aligns with MiFID II, SEC, and FINRA standards, with real-time alerts.
Component Breakdown
Rate Management Engine: Automates bid-ask spread generation and pricing across currencies and settlement dates, supporting both standard and non-standard requests.
Currency & Settlement Explorer: Enables quick search, filtering, and retrieval of rates by currency and settlement horizon via an intuitive UI.
Custom Request Handler: Allows trading desks to submit and manage rate requests for non-standard dates with fast turnaround.
Publishing & Distribution Module: Publishes validated rates to internal systems, dashboards, and users, supporting scheduled and on-demand updates.
Event Processing Flow
How rate requests are captured, calculated, validated, published, and monitored across the pricing workflow.
Rate request capture
Users or systems initiate standard or custom rate requests via UI or API.
Spread calculation & pricing
Market data is retrieved to compute bid-ask spreads and settlement-adjusted rates.
Validation & compliance checks
Calculated rates are validated against models, entitlements, and compliance rules.
Publishing & notification
Approved rates are published to downstream systems with user alerts and notifications.
Monitoring & audit logging
Requests, calculations, and publishing events are logged for audit and compliance reporting.