Don’t let data management be a drag. Find out how you can add value, improve performance and reduce risk by integrating a data platform.
TREASURY MANAGEMENT: ADD VALUE WITH A DATA PLATFORM
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THE VALUE OF DATA
Global data visibility: the challenges
The value of data
Data visualization: how does it work?
GLOBAL DATA VISIBILITY: THE CHALLENGES
We hope this helps put into perspective that you don’t need to work for your data. You can make the data work for you. Take control and add value by implementing a data platform into your treasury management solution and start realizing the benefits immediately.
By having access to and visibility of the data you need, the advanced analytics available through various business intelligence tools or other similar dashboards will enable you to operate more effectively. Visibility across the breadth of internally and externally sourced real-time data means you’ll always have a view of accurate and up-to-date information to optimize decision making. Your data platform will provide access to essential insights such as your liquidity status and volatile market impacts at any time, therefore strengthening your ability to manage market, operational and credit risks, while giving you quick sight of funding opportunities available to capitalize on.
Accessing organization-wide data facilitates more accurate forecasting and understanding of future financial risks which would otherwise not be visible. Knowing how each component of the business is performing and where cash is in the business allows true organization-wide forecasting and risk management. It allows a wider range of solutions and capabilities to reduce the cost of transacting or increasing margins.
HOW WILL INCREASED VISIBILITY HELP YOU?
DATA visualization: HOW DOES IT WORK?
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Make data work for you
FIS Data Platform aggregates information across customer-specific integration points consuming all structured and unstructured data. Instant data visualization accessible through a single view automates group-wide visibility and optimizes decision-making with meaningful insights, in real time. Using best-of-breed industry standards and tools allows data to easily be aggregated and managed in the data platform and accessible through a single interface regardless of format.
We understand that no two businesses share identical processes and technology stacks, which is why we work with our clients to distinguish the data sources that will derive the specific insights they need. Consolidation of your data into this single source enables you to shape your analytics into the focus areas most important for optimization of decision making, increased control and reduced financial risk.
How will increased visibility help you?
ARE YOU READY TO TAKE CONTROL?
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Is embedding a data platform challenging?
Data has increasingly become one of the hottest commodities. It’s essential for real-time meaningful reporting, offers a true understanding of cash flow and liquidity – enabling you to manage risk effectively – and feeds decisions that require immediate attention and action.
Without the right visibility, access or analytics, you wouldn’t be able to perform at the level and pace required to operate a successful business. So why, historically, have these three facets been holding us back when there’s a solution for the challenges we face, giving us the information we need and in the format that brings the most value? This article explores these challenges in more detail and how they’re impacting treasury management, to demonstrate the value a data platform could bring to you.
Accessing the sheer volume of current banking and user data in a variety of formats across multiple technologies to communicate with ERPs, accounting platforms and bespoke customer data sources are just some of the challenges. Consolidating the extensive range of available data required for reporting, monitoring and, ultimately, decision-making into a consistent user-friendly format is heavy on time, resources and cost without a single, cloud-hosted data aggregation solution.
FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally.
Our more than 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.
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The return on investment generated from the accuracy and immediacy of insights a data platform brings is significant. In such a volatile market, it’s imperative for effective treasury management to always be confident on the exact status of your liquidity and cash flow position, with all potential risks incorporated into the analysis. This ensures the optimal mitigation of market, liquidity, credit and operational risk to enhance the P&L impacts managed by treasury. The opportunity to proactively respond immediately to a change in a data point ensures you are always in the best possible position to make the right decisions for your business.
New revenue and margin opportunities become available with wider visibility to the organization. Whether through centralization, internal funding or increased leverage of external relationships, organization-wide data management enables new solutions, new revenue and margin capabilities.
DATA PLATFORM: RETURN ON INVESTMENT
For our existing FIS treasury solutions customers, treasury data can easily be implemented into the data platform, and you’ll benefit from a seamless transition to immediately enjoy global visibility.
IS EMBEDDING A DATA PLATFORM CHALLENGING?
Data platform: return on investment
The return on investment generated from the accuracy and immediacy of insights a data platform brings is significant. In such a volatile market, it’s imperative for effective treasury management to always be confident on the exact status of your liquidity and cash flow position, with all potential risks incorporated into the analysis. This ensures the optimal mitigation of market, liquidity, credit and operational risk to enhance the P&L impacts managed by treasury. The opportunity to proactively respond immediately to a change in a data point ensures you are always in the best possible position to make the right decisions for your business.
New revenue and margin opportunities become available with wider visibility to the organization. Whether through centralization, internal funding or increased leverage of external relationships, organization-wide data management enables new solutions, new revenue and margin capabilities.
DATA PLATFORM: RETURN ON INVESTMENT
For our existing FIS treasury solutions customers, treasury data can easily be implemented into the data platform, and you’ll benefit from a seamless transition to immediately enjoy global visibility.
IS EMBEDDING A DATA PLATFORM CHALLENGING?
Data platform: return on investment