The Euro Banking Association (EBA) has published a report on the use of real-time data in corporate liquidity management. It marks the sixth installment to the EBA Liquidity Management Working Group’s (LMWG’s) publications on the bank and corporate client relationship in the liquidity management ecosystem.
The report, ‘Use of real-time data’, discusses the potential benefits and opportunities that banks could see if they had real-time data access, a capability that some companies already possess.
Six case studies, taken from companies in a range of industries, feature in the report. A number of corporate treasurers have assessed how real-time data can be used by these companies to manage liquidity. This includes a series of use cases for future applications of bank-supplied, real-time data.
Krister Billing, chairman of the LMWG, says: “As part of the ISO 20022 migration and the introduction of instant payments, banks across Europe have invested significant resources into infrastructure that enables the delivery of real-time data and payment processing to their corporate clients.
“To optimally support their corporate customers and further monetise their investments, banks must now develop a clearer understanding of how this real-time data can best be used by customers to manage liquidity and support business decision-making. Our paper addresses a number of key questions that banks need to tackle on that journey.”
