Fiserv Enables Holistic Liquidity Management for Financial Institutions in Partnership with TAS Group

Financial institutions can better manage liquidity in a rapidly changing market with the launch of a new set of capabilities from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions. With a real-time and 360-degree view across payments and liquid assets, financial institutions can improve funding, further compliance, and manage cash flow and risk; capabilities that are particularly timely given the increased volume of real-time payments and today's inflationary environment.

"There is a growing focus on liquidity optimization following the implementation of regulations and controls such as Basel III, BCBS 248, the move to instant payments, and the global migration of high value payments systems to ISO 20022," said Dudley White, Head of Financial & Risk Management Solutions at Fiserv. "Siloed treasury and payments systems can result in inaccurate or conflicting data. With an effective liquidity management solution, financial institutions can efficiently allocate liquidity for targeted business models or compliance requests, and optimize their customers' and their own liquidity positions, thereby enhancing competitiveness."

The growth of instant payment schemes and the migration to ISO 20022 and faster cross-border payments are driving new cash and liquidity approaches by financial institutions, with their customers demanding tools and processes that provide real-time insights into their cash and liquidity positions. Liquidity management has progressed from being a regulation to a platform for cost optimization and innovation, as well as a center for revenue generation.

Through a new partnership with TAS Group, Fiserv offers the Aquarius liquidity management and payment flow monitoring solution that allows financial institutions to proactively monitor and manage their liquidity positions across all payment types. In combination with Enterprise Payments Platform from Fiserv, Aquarius provides a robust liquidity management and payment flow monitoring solution with unparalleled real-time visibility into end-of-day and intraday conditions across all currencies, legal entities, internal and external cash flow sources, and direct and indirect settlement relationships.