The Power of an Integrated Treasury Management Solution

Transcription

1 The Power of an Integrated Treasury Management Solution A powerful, proactive performance enhancement and risk mitigation system. HazelTree provides a single vantage point to discern, analyze, and optimize rates and balances across all of your counterparties with automated wire and trade processing. Through this powerful new lens, you can identify and capture hidden alpha and proactively mitigate nascent risks. From cash management to securities financing to collateral management, critical information is clearly presented, choices modeled, and transactions executed seamlessly through a straightforward interface. HazelTree empowers treasury management. Generate Operational Alpha: Identify and capture unrealized value by managing counterparties from a single vantage point Maximize lending revenue Minimize borrowing costs Optimize cash balances and rates Manage and optimize collateral Optimize short/long financing Independently calculate and verify margin requirements Reduce a Range of Risks: Capitalize on insights and market intelligence gained from a single view across counterparties Achieve full counterparty and account balance transparency Manage cash exposures across custodial accounts Mitigate currency risk by knowing your positions, trades, and market movements Independently calculate prime broker margin requirements and model what-if scenarios Reconcile cash, positions, and transactions Avoid over-collateralization and enhance liquidity Streamline Operations: Integrate treasury operations seamlessly with investment management Automate data management across counterparties and systems and deliver it all through a single user interface Manage counterparty data flows with quality controls and alerts Maintain an audit trail and historical database Integrate analytical tools with transaction automation Capture opportunity, manage risk, and plan your next move.

2 Your Treasury Management Team HazelTree s solutions are easily integrated with your proprietary internal systems, administrators, OMS, and third-party accounting packages. While each stand-alone component enables improved performance and control for specific functions, the HazelTree solution is most powerful when working in concert, as an integrated Treasury Management Solution. All HazelTree components are fully interoperable and leverage the strength of our state-of-the-art data management infrastructure system. Cash Balance Management FX Hedging Spots/Settlements Counterparty Exposure Wire Automation Stock Locates Stock Borrow Management Stock Loan Management Collateral Balances OTC Clearing Exposures Collateral Movements Repo Exposure Rate Transparency Margin Management Reporting Position, Cash, and Transaction Recon Counterparty Balance Sheet Seamless data management At the heart of HazelTree s Treasury Management Solution is smart data. From intelligently mapping and managing data to supporting rapid analysis, optimization, fund transfers, and reporting, HazelTree provides an end-to-end solution. HazelTree s proprietary data management infrastructure forms the foundation of our fully integrated Treasury Management Solution, integrating and normalizing feeds from multiple sources, performing quality checks, and providing an audit trail. The HazelTree platform offers connectivity to all major prime brokers and industry leading accounting packages as well as seamlessly integrating with your internal books and records. Whether you need to look at data on individual instruments or positions, or aggregated by portfolio or counterparty, HazelTree provides all of the dimensions you ll need. And you have control throughout the system with built-in entitlements management to control access to screens, grids, and fund transfers. HazelTree s robust audit trail and reporting capabilities ensure that all of your data and transactions are captured and readily accessible. Data and INFORMATION SECURITY Whether you choose an enterprise installation or SaaS configuration, the HazelTree system is fully secure. While HazelTree manages the data, it resides securely in your environment and is visible only to you and those whom you entitle to see it and act upon it. All data and attachments are stored centrally for audit and verification purposes. With end-to-end data flows, manual effort (and errors) are greatly reduced. For further information, please contact us.

3 TAKE CONTROL Knowing where your cash is held, and at what rates, is essential to managing liquidity and risk among your portfolios. This knowledge empowers you to optimize rates and balances across multiple counterparties and capture opportunities as they arise. HazelTree s provides transparency across your domain and seamlessly displays the cash balances (both debits and credits) held at all prime brokers, custodian banks, and other counterparties providing analytics and rules-based recommended actions that enable rapid realignment or negotiation to capture the best rates and optimize cash positions on a daily basis. Manage your money intelligently With HazelTree, you can see actual rates across counterparties to earn the best rate of interest on any excess cash at one location or move funds to pay a debit at another. Not only can you analyze and optimize your cash balances, you can manage wire transfers to all counterparties through a single user interface. And, you can compute your balances and rates with each counterparty, deploy excess cash to your best advantage, and automatically execute cash transfers, foreign exchange trades, and pay expenses. Gain the visibility you need to maximize your returns, strategically allocate funds, and reduce transaction costs. Details include: minimum balances, thresholds, rounding, tolerance, and triggers. Cash Balance Management Daily Accrual Margin Excess/Deficit Equity Swap Exposure FX Portfolio Hedging Spots & Forwards Counterparty Exposures and Rates Wire Approval & Processing Third Party Expense Management SWIFT network support See Clearly Across your domain Rates Balances Debits Create a Consolidated View of Your Cash Optimize Rates Process Wires Automatically Credits

4 DIVE DEEPER HazelTree gives you full control and the flexibility to define your rules, approval levels, and wiring information within one system. From initiating wire instructions to tracking approvals to executing actual transfers, the system can be configured to meet your internal requirements. See the Big Picture While HazelTree s is a complete, stand-alone offering, it becomes even more powerful when used in conjunction with the integrated components of the system including:,,, and. Cash Balance Management FX Hedging Spots/Settlements Counterparty Exposure Wire Automation Stock Locates Stock Borrow Management Stock Loan Management Collateral Balances OTC Clearing Exposures Collateral Movements Repo Exposure Rate Transparency Margin Management Reporting Position, Cash, and Transaction Recon Counterparty Balance Sheet At the heart of HazelTree s Treasury Management Solution is smart data. From intelligently mapping and managing data to supporting rapid analysis, optimization, fund transfers, and reporting, HazelTree provides an end-to-end solution. HazelTree s proprietary data management infrastructure forms the foundation of our fully integrated Treasury Management Solution, integrating and normalizing feeds from multiple sources, performing quality checks, and providing an audit trail. The HazelTree platform offers connectivity to all major prime brokers and industry leading accounting packages as well as seamlessly integrating with your internal books and records. Whether you need to look at data on individual instruments or positions, or aggregated by portfolio or counterparty, HazelTree provides all of the dimensions you ll need. And you have control throughout the system with built-in entitlements management to control access to screens, grids, and fund transfers. HazelTree s robust audit trail and reporting capabilities ensure that all of your data and transactions are captured and readily accessible. Data and INFORMATION SECURITY Whether you choose an enterprise installation or SaaS configuration, the HazelTree system is fully secure. While HazelTree manages the data, it resides securely in your environment and is visible only to you and those whom you entitle to see it and act upon it. All data and attachments are stored centrally for audit and verification purposes. With end-to-end data flows, manual effort (and errors) are greatly reduced. For further information, please contact us.

5 Find The Best Terms Competition for capital has never been more intense, but with HazelTree s Securities Financing Manager you gain transparency across counterparties to assess current and indicative rates, manage your inventory, and reconcile your positions. Clarity across your securities financing domain strengthens your negotiating position and helps you manage your inventory. Locate securities available for borrow from/lend to counterparties Compare rates and select the best projected revenue options Understand true P&L by easily allocating borrowing costs to individual positions Manage short positions across prime brokers (general collateral and hard to borrows ) Manage pre-borrow inventory SECURITIES Financing Manager Know what you re paying to each of your counterparties and what you could be paying. Current borrowing rates Current lending rates Indicative rates Inventory available Actual current transactions Rebates Measure and manage costs By knowing your true costs, and where you can reduce them, HazelTree enables you to truly measure results on a position-by-position basis. Aggregating information across counterparties, and filtering it by portfolio, individual trader, and position, gives you a clear picture of your P&L. See your true exposures and better manage your inventory. Capture the Best Rates Long 100 ABC - PB XXX available - PB1 Long 500 XYZ - PB2 Actual Rates Indicative Rates 500 YYY available - PB2 Short 200 BCD - PB3 Short Position - PB3 Short 500 JKL - PB2 Short Position - PB2

6 Before... And After the Trade Not only does HazelTree provide insight into your current positions, counterparty rates, and broader market trends, it helps you at the critical time after the trade to reconcile with your accounting system. With built-in accrual posting, HazelTree maps to accounting systems to prepare you for the next day. All information is consolidated across counterparties and data flows easily back and forth, automating processes which reduce counterparty and operational risk. For international trades, HazelTree s Stock Loan Pre-Borrow Blotter helps you manage the pre-borrow inventory and maintain associated costs and accruals, which are not yet on the books of the funds. See the Big Picture While HazelTree s is a complete, stand-alone offering, it becomes even more powerful when used in conjunction with the integrated components of the system including:,,, and. Cash Balance Management FX Hedging Spots/Settlements Counterparty Exposure Wire Automation Stock Locates Stock Borrow Management Stock Loan Management Collateral Balances OTC Clearing Exposures Collateral Movements Repo Exposure Rate Transparency Margin Management Reporting Position, Cash, and Transaction Recon Counterparty Balance Sheet At the heart of HazelTree s Treasury Management Solution is smart data. From intelligently mapping and managing data to supporting rapid analysis, optimization, fund transfers, and reporting, HazelTree provides an end-to-end solution. HazelTree s proprietary data management infrastructure forms the foundation of our fully integrated Treasury Management Solution, integrating and normalizing feeds from multiple sources, performing quality checks, and providing an audit trail. The HazelTree platform offers connectivity to all major prime brokers and industry leading accounting packages as well as seamlessly integrating with your internal books and records. Whether you need to look at data on individual instruments or positions, or aggregated by portfolio or counterparty, HazelTree provides all of the dimensions you ll need. And you have control throughout the system with built-in entitlements management to control access to screens, grids, and fund transfers. HazelTree s robust audit trail and reporting capabilities ensure that all of your data and transactions are captured and readily accessible. Data and INFORMATION SECURITY Whether you choose an enterprise installation or SaaS configuration, the HazelTree system is fully secure. While HazelTree manages the data, it resides securely in your environment and is visible only to you and those whom you entitle to see it and act upon it. All data and attachments are stored centrally for audit and verification purposes. With end-to-end data flows, manual effort (and errors) are greatly reduced. For further information, please contact us.

7 Position Your Next Move Being one step ahead of competition and regulators is where you want to be. Knowing what you hold and where you hold it, as well as what you owe and who owes you, puts you on the fast track enabling you to maintain liquidity and mitigate the risk of over- or under-collateralization. HazelTree s state-of-the-art gives you clarity and the analytical firepower necessary to correctly identify and value collateral. You control the data inputs, and once the relevant fields from the CSA (ISDA Credit Support Annex) or GMRA (ICMA Global Master Repurchase Agreement) are in the system, along with any supporting documentation, HazelTree handles the rest. Our system interacts with your in-house or third-party accounting system or administrator to provide visibility and analytics across your range of positions. With HazelTree s Collateral Call Screen, you can start your day with a clear picture of your outstanding collateral what you owe and what is due to you. The system displays collateral moves from your proprietary accounting data and compares this information with your counterparties data, letting you reconcile any potential issues before the trading day. Once all data is reconciled, you can manage your workflow efficiently by initiating calls or generating and validating collateral movements to meet the demands. Handles any product covered within an ISDA CSA and ICMA GMRA, including bilateral: FX Options Interest Rate Swaps CDS Equity Swaps Swaptions Repos Reduce Risk Through a Streamlined Process Existing CSAs/GMRAs Visible on one screen OTC Brokers Accounting Systems Create a Consolidated View of Collateral Be Proactive in Addressing Any Discrepancies Start Early, Gain Efficiency for Trading Fund Administrators

8 Multiple Benefits HazelTree s gives you a comprehensive view of front-to-back collateral across all counterparties on one screen. Additionally, after your accounting system populates the change of valuation, the HazelTree system will calculate the appropriate daily collateral moves as well as provide recommended actions for each CSA/GMRA. Rest assured, this process is managed overnight and the information is visible to you prior to market open. See the Big Picture While HazelTree s is a complete, stand-alone offering, it becomes even more powerful when used in conjunction with the integrated components of the system including:,,, and. Cash Balance Management FX Hedging Spots/Settlements Counterparty Exposure Wire Automation Stock Locates Stock Borrow Management Stock Loan Management Collateral Balances OTC Clearing Exposures Collateral Movements Repo Exposure Rate Transparency Margin Management Reporting Position, Cash, and Transaction Recon Counterparty Balance Sheet At the heart of HazelTree s Treasury Management Solution is smart data. From intelligently mapping and managing data to supporting rapid analysis, optimization, fund transfers, and reporting, HazelTree provides an end-to-end solution. HazelTree s proprietary data management infrastructure forms the foundation of our fully integrated Treasury Management Solution, integrating and normalizing feeds from multiple sources, performing quality checks, and providing an audit trail. The HazelTree platform offers connectivity to all major prime brokers and industry leading accounting packages as well as seamlessly integrating with your internal books and records. Whether you need to look at data on individual instruments or positions, or aggregated by portfolio or counterparty, HazelTree provides all of the dimensions you ll need. And you have control throughout the system with built-in entitlements management to control access to screens, grids, and fund transfers. HazelTree s robust audit trail and reporting capabilities ensure that all of your data and transactions are captured and readily accessible. Data and INFORMATION SECURITY Whether you choose an enterprise installation or SaaS configuration, the HazelTree system is fully secure. While HazelTree manages the data, it resides securely in your environment and is visible only to you and those whom you entitle to see it and act upon it. All data and attachments are stored centrally for audit and verification purposes. With end-to-end data flows, manual effort (and errors) are greatly reduced. For further information, please contact us.

9 An Independent Perspective To execute your game plan, you need to see your margin exposures aggregated at the prime broker level, detailed at the security level, and custom filtered at the fund, region, and sector levels. HazelTree gives you the comprehensive tools and analytics to verify, meet, and manage your margin obligations across multiple counterparties and brokers. HazelTree s sophisticated, multi-dimensional margin analytics enable you to support your trading activities holistically by providing: Aggregated views of margin requirements by fund Proprietary tools to independently calculate and verify prime broker margin calculations Asset-based house margining Sophisticated analytics to identify differences across brokers Global netting and cross margining Regulatory margin requirements (including Reg T and listed derivatives) See numbers from distinct prime brokers, compare them to determine accuracy, and take the right action. Positions Rates Prices Margin Requirements Quantity Market Value Whether for listed securities or OTC, HazelTree helps you manage your margin (and collateral) seamlessly via straight-through-processing. Data Flow Optimize Capture, aggregate & normalize data from PBs Validate & Compare Margin Hazeltree ETL Tools HazelTree Automated Data Collection & Normalization Processes HazelTree Margin Engine Cash Normalize Data Securities Financing Overnight Security Master/ Pricing Feed HazelTree Data Management Infrastructure

10 Power your performance Meet your margin challenges head-on. View margin obligations, manage margin calls, and segregate collateral to deliver or receive on an intra-day basis. With our scalable architecture, you can readily reconfigure the system to manage expanding volumes or changes in the number of your counterparties. Margin analytics empowers you to think ahead, by performing what-if scenarios, supporting trading decisions, and improving collateral sourcing decisions and influencing counterparty exposure alignments. With HazelTree, you can verify counterparty and broker margin calls each day with independently sourced data, and identify term or trade discrepancies with daily portfolio reconciliation and dispute resolution support. And, you can efficiently manage your expenses. See the Big Picture While HazelTree s is a complete, stand-alone offering, it becomes even more powerful when used in conjunction with the integrated components of the system including:,, Collateral Manager, and. Cash Balance Management FX Hedging Spots/Settlements Counterparty Exposure Wire Automation Stock Locates Stock Borrow Management Stock Loan Management Collateral Balances OTC Clearing Exposures Collateral Movements Repo Exposure Rate Transparency Margin Management Reporting Position, Cash, and Transaction Recon Counterparty Balance Sheet At the heart of HazelTree s Treasury Management Solution is smart data. From intelligently mapping and managing data to supporting rapid analysis, optimization, fund transfers, and reporting, HazelTree provides an end-to-end solution. HazelTree s proprietary data management infrastructure forms the foundation of our fully integrated Treasury Management Solution, integrating and normalizing feeds from multiple sources, performing quality checks, and providing an audit trail. The HazelTree platform offers connectivity to all major prime brokers and industry leading accounting packages as well as seamlessly integrating with your internal books and records. Whether you need to look at data on individual instruments or positions, or aggregated by portfolio or counterparty, HazelTree provides all of the dimensions you ll need. And you have control throughout the system with built-in entitlements management to control access to screens, grids, and fund transfers. HazelTree s robust audit trail and reporting capabilities ensure that all of your data and transactions are captured and readily accessible. Data and INFORMATION SECURITY Whether you choose an enterprise installation or SaaS configuration, the HazelTree system is fully secure. While HazelTree manages the data, it resides securely in your environment and is visible only to you and those whom you entitle to see it and act upon it. All data and attachments are stored centrally for audit and verification purposes. With end-to-end data flows, manual effort (and errors) are greatly reduced. For further information, please contact us.

11 Knowledge is Power Knowing your standing among counterparties is a competitive advantage and a strong risk mitigant. By centrally managing counterparty data at the transaction, position, and counterparty level, HazelTree s provides reconciliation and exposure management, as well as insight into liquidity and concentrations among counterparties. The power of HazelTree s lies in its ability to rapidly manage data inputs, produce dashboards and reports on a macro and granular level, and track the key attributes that lead to informed decision-making. gives you a clear, integrated view of all of your positions and enables you to view data from different levels and perspectives to quickly address operational risks and costs across your investment domain. Managing operational risk protects overall performance. Without a robust, automated reconciliation process, your gains can be unexpectedly erased and significant losses incurred in the blink of an eye. HazelTree automates true transaction, position and cash level reconciliations across your many counterparties. By linking cash balances with transaction details from disparate sources, the system eliminates time-consuming and error-prone manual efforts, leading directly toward operational excellence and a sense of inner peace. relies on HazelTree s proprietary data management infrastructure to effectively manage high volumes of transactions across an array of counterparties, highlighting opportunities and exposing risks across your domain. Integrated multi-party reconciliation of transactions, cash, securities and accounts Maximize operational efficiency and reduce errors & omissions Maintain detailed audit trail on transactions Streamline decision support and approval processes Reconcile all security instrument types including OTC Derivatives Satisfy EMIR & Dodd-Frank requirements Understand counterparty concentration, balance sheet usage and liquidity Counterparty exposure reporting on Prime Broker and OTC positions (liquidity-weighted risk exposure) Regulatory compliance reporting (FormPF, Annex 4) Data Sources Counterparties HAZELTREE s Treasury Management Solution Accounting Administrators Custodians Data Management Infrastructure

12 See the Big Picture While HazelTree s is a complete, stand-alone offering, it becomes even more powerful when used in conjunction with the integrated components of the system including:,, Collateral Manager, and. Cash Balance Management FX Hedging Spots/Settlements Counterparty Exposure Wire Automation Stock Locates Stock Borrow Management Stock Loan Management Collateral Balances OTC Clearing Exposures Collateral Movements Repo Exposure Rate Transparency Margin Management Reporting Position, Cash, and Transaction Recon Counterparty Balance Sheet At the heart of HazelTree s Treasury Management Solution is smart data. From intelligently mapping and managing data to supporting rapid analysis, optimization, fund transfers, and reporting, HazelTree provides an end-to-end solution. HazelTree s proprietary data management infrastructure forms the foundation of our fully integrated Treasury Management Solution, integrating and normalizing feeds from multiple sources, performing quality checks, and providing an audit trail. The HazelTree platform offers connectivity to all major prime brokers and industry leading accounting packages as well as seamlessly integrating with your internal books and records. Whether you need to look at data on individual instruments or positions, or aggregated by portfolio or counterparty, HazelTree provides all of the dimensions you ll need. And you have control throughout the system with built-in entitlements management to control access to screens, grids, and fund transfers. HazelTree s robust audit trail and reporting capabilities ensure that all of your data and transactions are captured and readily accessible. Data and INFORMATION SECURITY Whether you choose an enterprise installation or SaaS configuration, the HazelTree system is fully secure. While HazelTree manages the data, it resides securely in your environment and is visible only to you and those whom you entitle to see it and act upon it. All data and attachments are stored centrally for audit and verification purposes. With end-to-end data flows, manual effort (and errors) are greatly reduced. For further information, please contact us.