Credito Emiliano has selected the software package CRYSTAL Diamis, a joint venture between Atos and Sopra Steria, in order to optimize the overall management of its intraday liquidity.
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CRYSTAL is a constituent element of the program of modernization of the information system of the business Investment Bank of Credito Emiliano. CRYSTAL allows the management of global liquidity in real-time.
CRYSTAL allows you to Credito Emiliano the consolidation and monitoring of future cash flows, broken down by financial instruments and a maturity standard. It provides the cash to the bank for a complete forecast of liquidity as well as the possibility of obtaining detailed data up to the analysis of a simple transaction.
CRYSTAL is connected to the infrastructure market so that Credito Emiliano can follow in real time its accounts in Target2 and Target2-Securities in the Banca d’italia. It also includes the real-time monitoring of its accounts in depositories and foreign correspondents.
Thanks to CRYSTAL, Credito Emiliano benefits of the reconciliation in real time regulations workforce with the forecasts, and real-time tracking of assets available in the light of the flow regulation provided for, in respect of the banking law, the Italian and the principles of Basel III (Principles of sound management and monitoring of liquidity risk).
CRYSTAL is the reference solution on the market for the banks participating in the system Target2. The Users Group CRYSTAL has several participants the critical Target2 and defines the developments of the application, both in terms of compliance with regulatory and policy developments that are relevant to the needs ever more demanding of the management of liquidity intra-day.
Raymond Ban, president and ceo of Diamis said : We are honored to welcome Credito Emiliano in the Users Group CRYSTAL, and thus reinforce our presence in Italy. In choosing a CRYSTAL, Credito Emiliano ensures right now as is the case for our other customers – the safe migration of its operations Target2 to the future RTGS ISO 20022, set forth by the European System of Central Banks.
Diamis, a joint venture Atos/Sopra Steria, has extensive expertise of the payments value chain, which enables it to provide software package solutions with innovative payments processing, pro-active management of liquidity and access to automated systems and clearing and settlement.
The client banks of Diamis represent more than 15% of the flow of Transfers of Large Amounts in euro and trade every day more than 500 billion euro with the software package CRYSTAL.
Packages Diamis are defined by our User Groups consist of large banks in europe, which ensures their suitability to business needs and regulatory requirements.
For more information : www.diamis.com
Atos is a global leader in the transformation to digital with around 100,000 employees in 72 countries and annual sales of the order of 12 billion euros. Number one european Big Data, Cyber security, supercomputing and the work environment connected, the Group provides Cloud services, infrastructure solutions and data management, applications and platforms business, as well as transactional services through Worldline, the european leader in payment services. Thanks to its advanced technologies and its digital expertise & sector, Atos accompanies the transformation to digital of its clients in the areas of Defense, Finance, Health, Industry, Media, Energy & Utilities, Public Sector, Distribution, Telecommunications, and Transport. Worldwide information technology partner for the Olympic and Paralympic Games, the Group operates under the brands Atos, Atos Consulting, Atos Worldgrid, Bull, Canopy, Unify, and Worldline. Atos SE (Societas Europea) is a company listed on Euronext Paris and is part of the CAC 40 index.
About Sopra Steria
Sopra Steria, european leader in digital transformation, provides one of the portfolios offers the most comprehensive in the market : consulting, systems integration, edition of business solutions, infrastructure management and business process services. It provides a comprehensive response to the challenges of development and competitiveness of large companies and organizations. Combining added value, innovation and performance of the services provided, Sopra Steria helps its clients in their transformation and help them to make the best use of digital. With 40 000 employees in more than 20 countries, Sopra Steria displays a turnover of € 3.7 billion in 2016. Sopra Steria (SOP) is listed on Euronext Paris (Compartment A) ISIN: FR0000050809. For more information : www.soprasteria.com
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