SUMMA – Corporate Treasury & Risk Management System

Corporate Treasury & Risk Management System

SUMMA treasury & risk management system for corporates presents a modular and cost-effective solution that helps every corporate treasurer to collect data, analyze and eliminate risks and manage corporate finance from one secure place.

Whether simple or complex, SUMMA provides a solution to meet all the needs. Hedging financial risks – changes in interest rates, foreign exchange rates or commodity prices lead to better financial performance, more stable and higher company earnings.

Transaction Management

SUMMA is an easy to use system for management of the entire transaction lifecycle. From deal entry to settlements, valuations, reporting and accounting outputs SUMMA fully integrates the process of managing financial transactions in a robust and comprehensive way.

SUMMA Transaction Management

Deal acceptance (configurable 4-eyes principle)
Confirmation sent, confirmation matched
Settlement of deals
Daily bookkeeping
Competitive counterparty quotes for improved analysis and audit
Unique reference number for each transaction in a user-defined format, unique audit transaction number
Configurable workflow (direct and reverse condition-based transaction flow and associated automatic events)

Instruments

SUMMA covers a wide range of financial instruments used in corporate hedging strategy, from simple FX Instruments (Spot, Forwards) to more complex FX Options or Interest Rate Derivatives (IR Swaps, FRAs, Futures). In-depth coverage of instruments in the commodity and equity space is provided as well.

SUMMA Instruments

Cash/Money Market
- Cash Payments/Transfers
- Deposits/Loans
- Discount/Commercial Papers
- Money Market Funds
FX Market
- FX Spot/Forward/Swap
- FX Options
- Non-deliverable Forwards
Fixed Income
- Bonds (Fixed rate/Floating rate)
- IR Swaps/ FRAs
Equity Market
- Shares/Equity Funds
Commodities/Commodity Swaps

Position & Risk management

SUMMA provides an easy to interpret risk visualisation and exposure modelling. This enables risk managers and corporate treasures to focus on taking the appropriate decisions in order to mitigate these risks and improve financial performance.

SUMMA Position and risk management

Liquidity position (liquidity risk)
Calendar gaps, risk gaps, division by bank/bank account, currency or company/portfolio, possible to incorporate forecasts
Ability to link exposures and hedges together (Hedge relationship)
Currency position monitoring
Simulations (interest/FX rate sensitivities, simulated transactions)
Drill-down up to transaction level
Advanced features – Value at Risk available (historical/Monte Carlo simulation)
Limits management / monitoring

Reporting & Business Intelligence

Position and risk reporting
Filtering/grouping/pivoting
Calculated columns
Workflow reporting, identification of required tasks and status monitoring
Delivery of reports (screen-based, by e-mail, formal reporting in pdf. format)
Microsoft office connectivity with ability to enhance quality of documents by adding system #hashtags

Accounting

Daily bookkeeping
Periodic booking
Book value change

Interfaces

SUMMA provides very high level of interconnectivity with other systems and applications used in corporate finance. This is supplemented by compatibility with major market data providers and trading systems. User conformity is enhanced by Straight Through Processing(STP) of trades for certain types of trades/systems.

Cash Forecast
Payments and Receivables (ERP)
Balances (Bank)
Payments (Bank, SWIFT)
Confirmation (Bank, SWIFT)
Trades (Bloomberg, Reuters, Web-platforms)
Accounting (ERP)
Market Information management
Risk Ratings, Correlations and volatilities

Corporates Financial Institutions

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Feel free to download brochures about our Treasury & Risk management system, for corporates and financial institutions.