Information means power in financial services

written by: Sarah Michaels; article published: year 2009, month 12;

In: Root » Legal and finance » Market and Finances

  Share  
|
  PL  |  NL  |  FR  |  ES  |  PT  |  IT  |  DE  |  DK  |  NO  |  SE  |  FI  |  GR  |  JP  |  CN  |  KR  |  RU  |  AE


In the financial services world, information is power. Knowing the status of your assets and how they can be used through items like a cashier management system can give you a significant advantage when making technical and highly time-sensitive transactions. That's why some of the most important systems that you can put in place for your company involve the tracking and management of fluid assets.

For example, an effective collateral management process can allow companies to manage their financing pledging of securities and to collateralize loans from financial institutions. This can help companies eliminate the excess work stress placed on cashiers by automating many of the processes that would otherwise have to be manually done such as searches for excess securities, calculation of concentration values and retention of DTC Participant Terminal System generated (PTS) tickets.

A sophisticated cashier management set-up can also create a segregation system that makes the start of day process easier to manage. Along with adjusting the securities positions to reflect changes in the DTCC nightly cycle activity, it can also help calculate the potential of securities to be used for borrowing and return versus those that are "locked up" and unable to be touched. These types of margin systems are incredibly valuable for any company looking to protect and maximize their assets.

Share

Disclaimer

1) E-articles is not responsible for the information contained by this article as well for any and all copyright infringements by authors and writers. E-articles is a free information resource. If you suspect this article for any copyright infringement, please read the terms of service and contact us or use the "Report this article" button on this page to investigate the problem.
2) E-articles is not responsible for inaccuracies, falsehoods, or any other types of misinformation this article may contain and will not be liable for any loss or damage suffered by a user through the user's reliance on the information gained here.