Case Study: Zenith Bank (UK) achieves real-time treasury control and expanded trading capabilities with Eurobase siena Front Office

Zenith Bank (UK) implements siena Front Office to enhance and expand its Treasury operations

Zenith Bank UK, the UK subsidiary of Zenith Bank Plc, needed to enhance and expand its Treasury operations and selected Eurobase to deliver a dedicated front office platform. Working with Eurobase, the bank sought a siena Front Office deployment to provide real-time positions and P&L with live price feeds, expanded asset classes, Reuters RTNS/TOF external deal capture, two-way real-time integration with Temenos T24, real-time limit checking and consolidated cash-flow reporting.

Eurobase implemented siena Front Office with live price feeds, direct Reuters execution feeds, automated RTNS/TOF deal capture, and an extended XML interface to Temenos T24 including automated static uploads and intra-day limit and utilisation updates. The solution gave Zenith Bank UK real-time exposure views, consolidated cashflows, expanded tradable instruments, eliminated double-keying through automated deal feeds, and delivered major productivity gains in deal throughput and an integrated, reconciled front-to-back treasury platform.

Zenith Bank UK

John Shea

Head of Finance & Operations