Treasury and procurement often work in silos. They follow different strategies and use multiple systems. This can result in over or under-hedging or hedging with inappropriate derivatives and incurring unnecessary expense.
ION Treasury offers Openlink to help align treasury and procurement on a single platform. As a comprehensive enterprise treasury and risk management solution for commodity-intensive corporates, it provides extensive asset class coverage to support sophisticated portfolios. It provides real-time visibility into cash management, commodity procurement, and forecasts with FX and derivatives trading as well as reporting on hedge effectiveness and market risk factors.
Gain real-time visibility into treasury and commodity operations
For treasurers of large organizations, it is a major challenge to optimize hedging activities – especially when key information is scattered across multiple systems and channelled through operational silos. Treasurers need a treasury and risk management system with real-time visibility into all aspects of the business to protect profit margins. Openlink provides a consolidated, enterprise-wide view of commodities, treasury, and risk on a single, consolidated platform.
Lower total cost of ownership by rationalizing systems
Many companies have different systems for risk, treasury, debt management, hedge accounting, commodities procurement, credit, and currency hedging. This approach costs time and money. It also means managing multiple systems, interfaces, reconciliations, and paying multiple vendors along the way. Openlink provides access to all this data on a single platform, enabling commodity intensive corporations to reduce their IT footprint.
Improve cash forecasts with direct spend analysis
Cash forecasting can be quite complex in a global organization, particularly those that procure commodities for their manufacturing process. Big data across multiple systems makes it especially difficult to compile an accurate forecast so that the treasury department can fully anticipate the needs of the business for acquiring raw materials. Openlink’s direct spend analytics and cash forecasting capabilities provides transparency into all points along the value chain.
Core cash management
Streamline and automate daily cash management processes with sophisticated cash positioning and forecasting capabilities, statement reconciliation, cash accounting, bank account management, and bank fee analysis.
Risk management
Mitigate credit, market, and liquidity exposures. Perform stress testing and scenario analysis and calculate Value-at-Risk (VaR), Cash Flow at Risk (CFaR) and other complex risk analytics.
In-house banking
Streamline and automate set up and management of internal banking services such as POBO, COBO, FX requests, funding and working capital for business units across the organization.
Hedge accounting
Efficiently execute hedge accounting strategies with powerful tools for hedge designation, prospective and retrospective effectiveness and regression analysis.
Deal management
Manage FX, investments, debt, credit facilities, intercompany loans, and deals efficiently.
Collateral management
Improve handling of margining, legal agreements, valuations, and operations.
Commodities
Improve handling of margining, legal agreements, valuations, and operations.
Leasing
Manage the operational lifecycle of leases, and lease accounting.
What your peers say
“Openlink was the standout choice as a ‘one-stop’ solution to support our core daily treasury functions in the most efficient manner.”
Deputy Treasurer
Etihad Airways
Openlink for commodity, treasury, and risk management in multinational organizations
Openlink helps align treasury and procurement teams on a single platform. Mitigate risk throughout the supply chain with real-time information and analytics.