Treasury and Risk Management system for Financial Institutions A comprehensive, cross-asset investment and debt management solution for financial institutions. SUMMA supports all requirements for global market, credit, liquidity and operational risk controls and compliancy of treasury and investment policies. Treasury and Risk Management system combines integrated front, middle and back office functionality with a unique workflow model, enabling user- configurable control throughout the lifecycle of any transaction. This provides banks and financial institutions with the control and automation required for efficient, streamlined operations. Real time data Reporting & Monitoring FX, IR, EQ Cash Debt issuance, Payment COMMODITIES & management and FI & EQ factory Credit Risk Liquidity planning investment Reliable information about future cash management flows will help the organization increase confidence in the decision-making Pre-trade limit check, simulations and compliance, trade capture, position keeping and 'what-if' analysis process on planned investments, it can Cash positioning, pooling and sweeping, in-house bank operations, short help to reduce the need to finance its and long term cash ow forecasting, payments, reconciliations, bank relationship management operations from loans, as well as hedge open positions in foreign currencies to Funding and hedge requests, cash forecasting, payments, internal and external bank statements, reporting Reuters | Bloomberg | MTS eliminate FX risk. Bond Vision | EUREX | IPREO | SIX | MarkitWire | Credit Limits and compliance framework, exposure, VaR, process Ratings Feed | ERP Systems | and audit controls SUMMA can quickly and reliably analyze SWIFT all the data in real time and provide all Conrmations, payments, settlements, reconciliations, collateral required information in the graphical or processing with full integration of SWIFT table form reports, based on which the Automated generation of bookkeeping entries, compliance with system user can always make informed international accounting standards, IAS 39, IFRS 9 decisions. GENERAL LEDGER Modularity System SUMMA is a modular solution, with a practical and easy integration with any existing 3rd party systems or information platform. v Information flow can be implemented both ways, thereby avoiding duplication of manual entries and thus also reducing operational costs. SUMMA provides the necessary consolidated data and comprehensive overview of the current and future state of organization’s finances. Treasury & Risk Management System for financial institutions SUMMA treasury & risk management • Transaction management system presents modular single system • Instruments solution to help your organization • Position & risk management efficiently meet all the treasury needs and • Static data management optimize balance sheet performance. • Interfaces Transaction management SUMMA provides a comprehensive system for management of the entire • Confirmation sent, confirmation matched transaction lifecycle. From deal entry to settlements, valuations, reporting and accounting outputs, SUMMA fully integrates the process of managing • Settlement of deal transaction flow in a robust and detailed way. • Custody settlement • Each transaction is assigned a unique reference number in a user-defined • Daily bookkeeping format. Becomes the unique audit number of the transaction • Highly configurable workflow (direct and reverse condition-based transaction flow, ability to set-up and activate associated automatic events) • Competitive counterparty quotes for improved execution analysis and auditing • Deal acceptance - configurable 4-eyes principle for improved compliance and security Instruments SUMMA covers an extensive range of instruments • Money Market Funds • Initial Principal and Repayments in different used in present-day financial markets, from simple currency cash instruments and securities, to more advanced • FX Market linear derivatives as well as complicated non- • Repayments linked to prevailing market FX rate • FX Spot/Forward/Swap linear products from the options space. In-depth • Equity Market coverage of all major markets is provided (FX • FX Options (Including exotic features) and Money Market, Fixed Income, Equities and • Shares/Equity Funds Commodities). • Non-deliverable Forwards • Commodities/Commodity Swaps • Fixed Income • Cash/Money Market • Islamic Finance • Bonds (Fixed rate/Floating rate/Index-linked) • Cash payments/transfers • Islamic Profit Rate Swaps • IR Swaps/ FRAs • Deposits/Loans • Options on Bonds, Swaptions, Caps/Floors • Discount/Commercial Papers • Loans/Bonds with foreign currency clause Instrument actions Position & risk management Portfolios with extensive number of transactions • Option exercise Optimal capital allocation, prevention of excessive across various instruments require significant losses and meeting of regulatory requirements • Custody transfer amount of maintenance, tying down resources. are all critical aspects of running financial services SUMMA either automates or simplifies actions • Dividend calculations organization. SUMMA’s extensive risk management related to position management, reducing capabilities will enable you to achieve all of the costs and improving efficiency by preventing above leading to a well-run and sound institution. unnecessary errors • Mark-to-market of all transactions, price quote • Fee management (transaction and cashflows) calculation for currency pairs, zero-coupon yield • Roll-over curves, valuation models for derivatives • Early-expiration • Liquidity position (liquidity risk) - by calendar gaps, risk gaps, by banks/bank account, by • Rate/coupon fixing currency, by company/portfolio. Option to • Forward/future fixing Position & risk management include forecasts, operational flows or any other simulated transactions) • Limits - possibility to define and monitor external flows (commodity related) multiple level limits on the positions and using • Drill-down up to a transaction level for risk different risk measures • Ability to link exposures and hedges together contribution (Hedge relationship) to better analyze and • Value at Risk – historical or applying Monte-Carlo • IR exposure – duration, DV01 evaluate hedging strategies simulation • Equity exposure, definition of equity risk per • FX exposure, definition of FX risk by currency instrument (percent of FX risk) • Credit Risk (client hierarchies, client groups, • FX risk management - Currency position countries, ratings, guarantors) monitor, grouping by FX gaps, FX hedging, currency contribution • Settlement Risk (with or without credit agreement in place) • Simulations (interest/FX rate sensitivities, Static data management SUMMA provides a highly versatile and configurable system. By defining an appropriate portfolio structure and user groups, SUMMA gives you the ability to replicate and reflect the hierarchy of your organization, reporting responsibilities and fully implement your compliance strategy. • audit trail for all actions performed within the system • configurable fields available across the system • configurable Groups and Group levels available across the system • portfolio hierarchical structure, multiple hierarchies • active from/active to feature Reporting and Business Intelligence Extensive range of reports and analytical tools formal reporting in PDF format) ensures timely and accurate overview and • Microsoft office connectivity with ability to monitoring of risk positions and exposures. enhance quality of documents by adding Reporting in SUMMA is highly customizable and system #hashtags the system provides interconnectivity with several applications. • Position and risk reporting Accounting • Workflow reporting, identification of required • Daily bookkeeping tasks and status monitoring • Periodic booking • Filtering/grouping/pivoting • Book value change • Calculated columns • Delivery of the reports (screen-based, by e-mail, Operations (Back Office) SUMMA offers centralization, control and visibility • SWIFT in the entire Back Office process. Automating • Payment netting rules processes and tasks frees up resources, while rigorous checks minimize errors in payments, • Splitting settlements and general transaction management. • Bank balance import and reconciliation, • Automated Confirmations exceptions handling • Tickets, e-mail confirmation • Custody settlement • SWIFT messages • Custody settlement • Matching systems connectivity • Deliver vs Payment (DvP) settlement • Settlement • Custody balance calculation • Direct bank interface • Custody balance import and reconciliation Cash & Liquidity Management for Financial Institutions SUMMA Cash & Liquidity module provides • Cash & Liquidity forecasting CFOs and Treasurers with instant visibility • Scenario modelling of current and forecasted liquidity, bank • Bank account management accounts status, and multi-currency • Payments & Netting exposures of portfolios. • Document management & Compliance Cash & Liquidity Forecasting SUMMA CLM, building on its integration with ERP or any other 3rd party • Views by currency, portfolio, group or as defined by a user systems, provides immediate visibility of present cash positions for each • Recalculations of cash flows of financial instruments based on real-time portfolio as well as for the whole organization. Easy to use dashboards and market data reports provide either detailed or consolidated position by portfolio, currency, cash flow category or any other parameter requested by a system user.