IBM Treasury Transformation

Centralizes operations to improve analytics and increase control and efficiency

Published on 05-Oct-2010

Validated on 16 Dec 2013

Customer:
IBM Corporation

Industry:
Computer Services

Deployment country:
United States

Solution:
Cloud Computing, Empowering People, SaaS, Server Consolidation, Smarter Planet, Green/Sustainability, Information Infrastructure, Optimizing IT

IBM Business Partner:
Wallstreet Systems

Overview

IBM’s business model is built to support two principal goals: helping its clients succeed in delivering business value by becoming more efficient and competitive through the use of business insight and information technology solutions; and providing long-term value to its shareholders. IBM has nearly 400,000 employees worldwide and had 2009 revenue of US$95.8 billion.

Business need:
Global treasury operations resided on several platforms in several locations, which prevented the company from accessing a common set of data, performing ad hoc data inquiries or producing standardized reports. Tasks such as performing cash forecasting, understanding counterparty limits and exposures, and performing global treasury position analysis were complex and time-consuming.

Solution:
IBM created Blue Insight, a worldwide, centralized business intelligence (BI) service that integrates a suite of third-party financial applications. Global treasury operations are now centralized on a single platform, which serves as a unified gateway for all banking communication via SWIFT. The platform includes a treasury data warehouse and facilitates global visibility into and reporting on global treasury operations.

Benefits:
Enables standardized reporting for global data analysis, gives managers time to focus on exceptions, and provides visibility to cash and cash forecasting, counterparty limits and exposures, and global treasury position analysis; Establishes a single gateway for all banking communication via SWIFT treasury data warehouse; Centralizes global treasury operations on a single platform

Case Study

IBM’s business model is built to support two principal goals: helping its clients succeed in delivering business value by becoming more efficient and competitive through the use of business insight and information technology solutions; and providing long-term value to its shareholders. IBM has nearly 400,000 employees worldwide and had 2009 revenue of US$95.8 billion.

The Need
Global treasury operations resided on several platforms in several locations, which prevented the company from accessing a common set of data, performing ad hoc data inquiries or producing standardized reports. Tasks such as performing cash forecasting, understanding counterparty limits and exposures, and performing global treasury position analysis were complex and time-consuming.

The Solution
IBM created Blue Insight, a worldwide, centralized business intelligence (BI) service that integrates a suite of third-party financial applications. Global treasury operations are now centralized on a single platform, which serves as a unified gateway for all banking communication via SWIFT. The platform includes a treasury data warehouse and facilitates global visibility into and reporting on global treasury operations.

What Makes it Smarter

  • Enables standardized reporting for global data analysis, gives managers time to focus on exceptions, and provides visibility to cash and cash forecasting, counterparty limits and exposures, and global treasury position analysis
  • Establishes a single gateway for all banking communication via SWIFT treasury data warehouse
  • Centralizes global treasury operations on a single platform

For more information
Please contact your IBM sales representative or IBM Business Partner. Visit us at:

ibm.com/smarterplanet

Products and services used

IBM products and services that were used in this case study.

Hardware:
System z: Integrated Facility for Linux (IFL), System z: System z running Linux, System z: System z10 Enterprise Class (z10 EC)

Software:
Linux, WebSphere Application Server

Service:
GBS BAO: Advanced Analytics and Optimization, GBS CRM: Business Intelligence, Software Services for ECM, Training: ECM

Legal Information

© Copyright IBM Corporation 2010 IBM Corporation 1 New Orchard Road Armonk, NY 10504 U.S.A. Produced in the United States September 2010 All Rights Reserved IBM, the IBM logo, ibm.com, Cognos, Global Business Services, System z and WebSphere are trademarks of International Business Machines Corporation, registered in many jurisdictions worldwide. A current list of IBM trademarks is available on the Web at “Copyright and trademark information” at ibm.com/legal/copytrade.shtml Other company, product or service names may be trademarks or service marks of others. The information contained in this documentation is provided for informational purposes only. While efforts were made to verify the completeness and accuracy of the information contained in this documentation, it is provided “as is” without warranty of any kind, express or implied. In addition, this information is based on IBM’s current product plans and strategy, which are subject to change by IBM without notice. IBM shall not be responsible for any damages arising out of the use of, or otherwise related to, this documentation or any other documentation. Nothing contained in this documentation is intended to, nor shall have the effect of, creating any warranties or representations from IBM (or its suppliers or licensors), or altering the terms and conditions of the applicable license agreement governing the use of IBM software.