Case Study: a leading UK bank achieves £500K annual savings with Planixs Realiti

One of the UK’s leading banks saves £500K with Planixs

A major UK bank was facing significant challenges with its aging intraday liquidity tool, characterized by a complex "spaghetti" architecture. This led to poor visibility, lengthy change processes, and a highly manual regulatory reporting system, inhibiting its ability to accurately manage liquidity. To overcome this, the bank partnered with Planixs for an enhanced solution.

Planixs implemented its Realiti solution in three phases via a hosted environment, ensuring seamless integration. This provided the bank with comprehensive visibility into settlement activity, detailed analytics, and accurate forecasting. The project delivered substantial results, including an estimated annual cost reduction of £500,000, a significant decrease in manual effort, and enhanced risk management, providing a platform for regulatory reporting.