Liquidity Management System
Aleri’s Liquidity Management System (LMS) is the first ever enterprise-class commercial application deployed leveraging complex event processing technology. Aleri's LMS is a multi-award winning solution that is currently covering the needs of:
- Cash Managers
- Liquidity Managers
- Liquidity Risk Managers
- Settlement and Clearing Operations
It is a shared application to satisfy the requirements of different profiles of users involved at various stages in the operational management of liquidity and risk management, including both cash and collateral.
How is Aleri’s Liquidity Management System different?
Enterprise Application
Many solutions claim they provide an enterprise liquidity management application, but to Aleri it really means being capable of managing all aspects and dimensions of the liquidity management transversal process across the enterprise; bridging Front, Middle, and Back offices Treasury functions with Liquidity Risk Management and with Payment and Clearing Operations. That was certainly essential to Dexia’s decision process.
Managing Cash and Collateral
2007's liquidity market crunch has proven, if required, that an integrated management of both ingredients of liquidity is critical. To support contingent liquidity risk processes, an up-to-date enterprise view of both cash positions and available liquid assets is required. LMS provides real-time views of both cash and liquid assets across the enterprise for current and future dates.
Proven at Top Financial Institutions for Years
Many suppliers are coming to the market with new or incomplete offerings. They are clouding the story relative to the maturity of their products by linking this to other products they have promoted in the past, as well as briefly mentioning that their cash management functionalities are still in development. Aleri’s LMS has been running live in several banks since end of 2004, with a proven track record in terms of project execution and derived business benefits as stated by Barclays and Dexia. Aleri launched a 5th major release of LMS in December 2007 with the inclusion of its Collateral Manager module.
Dedicated Application
Many vendors have chosen to build their Liquidity Management by extending or re-using and putting together bricks of other software built in the past (treasury application, reconciliation functionality, payment transactions processing). Aleri’s LMS, by contrast, deliberately decided to build a completely new and dedicated application, as this is truly the only viable approach for architecting a solution that will support the management of liquidity at an enterprise level. It also ensures rapid, non-intrusive and non-expensive deployments within existing and evolving infrastructure.
Powered by Aleri's Complex Event Processing Technology
The other reason for building a dedicated application was to select a technology that will best answer the requirements for scalability, latency, fast response time, and ease of integration that such an application demands. We strongly believe that managing liquidity is one of the first real-time operational analytical applications requiring very different set of technology and that re-using traditional transaction or BPM processing technology will constrain our customers.