Fides Liquidity Management

Collecting bank statements from many portals with various security protocols can be tedious and time consuming. Manually integrating and normalizing the data from various sources into a single spreadsheet for analysis can be challenging and error-prone. Bank account management is difficult, but Fides is here to help.

Fides Liquidity Management System provides you with a simple way to normalize and validate all bank transaction information. This allows the opportunity to produce the same report in a fraction of the time and it’s all at your fingertips. Fides Liquidity Management consolidates account information such as balances, transactions, and booking texts from your banking partners around the world. The solution then consolidates the integrated statements and data into the format you require (i.e MT940/42, BAI, AFT120, etc.).

Access to the final formatted files can be offered through integration with your existing ERP or TMS, via the Fides Liquidity Management Web Portal or even a hybrid model of multiple integration options. Whichever delivery method you choose, Fides Liquidity Management will automatically optimize and perform all of these tasks so you no longer need to.

Centralized Access

• Global transaction transparency
  Using a single source for all bank communications makes it easy for companies of any size to gain visibility into global cash positions.
• Reduced operational risk
  As transaction data is loaded automatically, finance professionals do not need to enter data manually. Errors are avoided and time is saved.
• Independent provider
  As Fides is an independent provider of multi-banking services. The client’s transaction data and share of wallet is only visible to the client.

Bank Connectivity Service

• Truly global reach
  Fides’ hybrid approach allows you to connect via SWIFT, EBICS or any other network globally to any bank. Even the smallest bank in the most remote part of the world can be accessed using Fides Liquidity Management connectivity capabilities.
• Carefree bank integration set-up
  Fides organizes everything you need to set up streamlined bank communications. As part of our all-inclusive service, the Fides Bank Connectivity team handles all of the manual bank set-up on the client’s behalf.

Validation Service

• Accurate transaction data
  Fides has implemented tight controls to assure statement formats and content are accurate.
• Smooth account reconciliation
  Thorough data validation capabilities and services ensure that opening and closing bank balances, statement formats and any other transaction data points are correct and consistent for bank account reconciliation.
• Consistent reporting
  Reliable data is the basis for consistent reporting across all banks. Regardless of how clients access the platform – ERP integration, Features & Benefits Account Reporting Solution – Single Platform for Integrated Multi- Bank Aggregation and Reporting TMS integration, direct access via the Fides Liquidity Management Web Portal, clients can access real-time insights at the click of a button

System Integration

• Fides Liquidity Management
  provides the flexibility needed to easily and consistently consolidate account information from any of your banking partners around the world and integrate that data in a variety of ways so that you can have one central point of access:
• TMS and ERP Integration
  All Fides solutions can be integrated with any treasury management system (TMS) and ERP system, even if the client uses multiple versions.
• Web Portal Access
  For organizations that do not subscribe to a TMS or do not leverage an ERP, direct access via Fides Liquidity Management Web Portal is available.
• Hybrid Delivery Model
  Clients may also leverage a hybrid delivery model whereby centralized treasury teams integrate Fides Liquidity Management into their infrastructure while also allowing remote treasury subsidiaries to access the capabilities directly through the Fides Liquidity Management Web Portal. Regardless of geographic location or internal technology infrastructure, the Fides Liquidity Management solution ensures that all clients can gain complete visibility into global transaction data economically, efficiently, and securely – all at the touch of a button. Fides converts various data formats of the individual banks into a standard format and verifies the account statements. Previous day closing balances are then checked to ensure that it matches the starting balance on the following day. The verified data is then provided to you in your preferred format (e.g. MT940/42, BAI, AFB120) and sent to you via the channel of your choice (e.g. H2H, etc.). Additionally, you can use the ARS Web application to access your account information at any time via a standard browser.

Fides Liquidity Management is ONE solution that successfully tackles MULTI-banking statement aggregation, while maintaining security, accuracy and easy access for a global treasury team.

Fides is the world leader in multibank connectivity, payments and transaction communications. A market leader for more than a century, Fides is committed to the principles of Open Banking, making treasury and financial operations as efficient, transparent and secure as possible for all organizations.

Fides provides everything organizations need for efficient cash and liquidity management, all through a single platform — along with connectivity to more than 13,000 financial institutions through an unmatched range of methods and channels. Thousands of companies around the globe rely on Fides’ connectivity capabilities and comprehensive workflow, reporting, conversion, validation and security services, for their own businesses and for extending services to their clients.

Whether you access via the secure Fides Multibanking Suite or take advantage of our seamless integration with third-party ERP, TMS and other backend systems, Fides is the only platform you need.