IBM Treasury Transformation

Validated on 08 Jan 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

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

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

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