Case Study: a UK legal entity of a global bank gains real-time intraday visibility with Planixs Realiti

a UK Legal Entity of a Global Bank gains intraday visibility in five weeks with Planixs

The UK legal entity of a global bank faced a challenge due to its limited internal IT capabilities and a lack of knowledge on how to gain real-time insight into its intraday liquidity usage across multiple currency accounts. The bank selected Planixs and its Realiti platform to overcome this, as other solutions could not provide the required real-time visibility.

Planixs implemented its Realiti Cash Control solution across all of the bank's accounts within a five-week period. This provided the bank with real-time tracking of intraday liquidity, enabling more efficient use of funding and the elimination of control risks. The measurable results included improved audit and regulatory performance, leading the bank to consider expanding its use of Planixs solutions across the wider group.