Aleri Advances Real-Time Liquidity Management with New Product Release.Aleri clients to benefit from the first liquidity-centric Collateral Management Module CHICAGO -- Aleri Inc., the leading provider of enterprise-class complex event processing Complex Event Processing, or CEP, is a technology for building and managing event-driven information systems. CEP is primarily an event processing concept that deals with the task of processing multiple events from an event cloud with the goal of identifying the meaningful (CEP CEP congenital erythropoietic porphyria. CEP abbr. congenital erythropoietic porphyria ) technology, today announced a major new module for its industry leading Liquidity Management System (LMS (Learning Management System) An information system that administers instructor-led and e-learning courses and keeps track of student progress. Used internally by large enterprises for their employees, an LMS can be used to monitor the effectiveness of the ). Aleri LMS, the first enterprise-class commercial application to leverage CEP technology, automates time-consuming, manual processes to allow institutions to focus on cost-effective liquidity strategies that reduce operational costs while enhancing their competitive position. Aleri clients that are currently running live on LMS 4 will soon be able to benefit from LMS 5 and the new Collateral Management Module (CMM (Capability Maturity Model) A process developed by SEI in 1986 to help improve, over time, the application of an organization's supporting software technologies. ) that will provide up-to date, accurate, enterprise inventory liquidity centric views of liquid assets Cash, or property immediately convertible to cash, such as Securities, notes, life insurance policies with cash surrender values, U.S. savings bonds, or an account receivable. positions for day-to-day and crisis liquidity management purposes, and the ability to trigger actions to mobilize mo·bi·lize v. 1. To make mobile or capable of movement. 2. To restore the power of motion to a joint. 3. To release into the body, as glycogen from the liver. these liquid assets. Additionally, CMM will provide detailed stock information for use in liquidity risk reporting and stress testing Determining the durability of a system by pushing it to its limits. Stress testing a network is performed by transmitting excessive numbers of packets or attempting to break in illegally. scenarios. "With the current liquidity crunch reinforcing the need for banks to implement a real-time liquidity management application to provide a clear, up to date view of the enterprise liquidity positions, we are excited about the launch of our newest LMS release," said Don DeLoach, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Aleri. "LMS provides a system to provide accurate, up to date information to manage the bank's positions, mitigating risk exposures and improving the capability to react effectively to fast changing market conditions." Many banks are managing liquidity manually on an intraday Intraday Another way of saying "within the day." Notes: This term is often used for the new highs and lows of a security. For example, "a new intraday high" means a security reached a new all-time high throughout the trading day, but then fell by closing. basis in the middle office, so actual positions of the bank at any given time during the day cannot be readily determined and might not be accurate. The banks using Aleri's solution are able to see exact positions down to the transaction level and across the bank as well as apply predictive analytics Predictive analytics encompasses a variety of techniques from statistics and data mining that process current and historical data in order to make “predictions” about future events. based on historical data. This provides banks with a fast and accurate way to determine how much liquidity they need to borrow if any, ultimately reducing the costs involved. By incorporating an innovative feature like CMM, banks can now get a real-time view of all of their liquid assets in order to be in a position to utilize those assets in the most productive manner. Additionally LMS 5 provides banks with a bird's eye view of what institutions are failing to make their payments, allowing banks to make real-time decisions on what to do in order to make a substantial impact. They can also track and identify behaviors that have contributed to the crisis for future reference, facilitating improvements in the bank's Liquidity Contingency processes for the future. About Aleri Aleri is the leading provider of enterprise-class complex event processing technology for financial institutions and beyond. Aleri's superior Streaming Platform is backed by the company's deep background and knowledge gained over 20 years of supporting mission critical banking applications for the world's largest banks and close to 10 years of pioneering research in the field of event processing. The Aleri Platform was designed from the ground up to provide the most robust architecture available for the rapid implementation of mission critical applications within the most demanding environments. Built for high throughput with minimal latency (1) The time between initiating a request in the computer and receiving the answer. Data latency may refer to the time between a query and the results arriving at the screen or the time between initiating a transaction that modifies one or more databases and its completion. , Aleri's event processing technology allows customers and partners to analyze and respond instantly to high-volume, high-speed data to minimize risk and increase competitive advantage. Aleri is the first to develop and deploy a commercial enterprise-class application built on event processing technology, the Aleri Liquidity Management System, which is used by some of the world's largest global bank treasuries. Aleri is a global company headquartered in Chicago with offices in New Jersey, London, and Paris. For more information, visit www.aleri.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion