Santander has selected Planixs and its Realiti platform to improve its liquidity management processes. Planixs says Santander “thoroughly reviewed” its platform The Spanish multinational bank wanted “real-time visibility at scale” over its balances, cash positions and liquidity usage. Planixs says the bank “thoroughly reviewed” the Realiti system, and heard “first-hand” from other banks about its benefits. Santander is deploying modules for intraday liquidity management, funding and forecasting, and intraday reconciliation. “We are very excited about deploying Realiti and experiencing the benefits across our liquidity management processes,” says Santander’s Ross Morgan, head of department for treasury middle office and operations. “Furthermore,…
Santander picks Planixs tech to power liquidity management