Aleri Introduces Real-Time Predictive Intraday Liquidity Management Application

Aleri releases liquidity management application built on innovative vector processing technology to help global banks save millions. Real-time, liquidity visibility for meaningful and profitable business intelligence.

CHICAGO (PRWEB) July 23, 2003 -- Aleri, the leading provider of vector-based advanced analytics software, today introduced Aleri Liquidity Manager - a comprehensive, real-time liquidity management solution to automate the process of forecasting and monitoring intra-day liquidity utilization. With the rapidly evolving payments market, pressure on banks operational systems has dramatically increased.

Driven by the proliferation of new real-time gross settlement (RTGS) systems, the introduction of real-time nostro services (RTNS) and increasing regulatory pressure, banks now more than ever need the ability to monitor, predict and analyze their intraday liquidity positions across multiple dimensions (customer, currency, account, subsidiary, etc.). By automating inefficient, error-prone manual processes and gaining real-time intraday liquidity visibility, banks can minimize operational risks that can irreparably damage a banks reputation in the marketplace.    

Aleri Liquidity Manager enables corporate treasury managers to optimize global liquidity management strategies, minimize funding costs and maximize cash and collateral utilization to unlock capital reserves and positively impact the banks bottom line. Aleri expects to release the product for general availability by the end of the year.

Effectively managing liquidity resources is a major challenge facing banks today", says Don DeLoach, President and CEO of Aleri. With industry initiatives such as RTGS and RTNS gaining momentum, banks must improve their capacity to monitor, control and even predict their exact liquidity positions - down to the account level detail - to maintain optimal liquidity levels to cover payments and free up capital to increase profitability."    

Aleri Liquidity Manager is architected to leverage existing infrastructure investments by using an open integration environment to aggregate cash flow information from multiple internal and external processing systems and deliver real-time information to a highly customizable user interface.

Tightly coupled with Aleris vector-based OLAP server, Aleri Liquidity Manager also provides advanced analytic functionality on intra-day and historical liquidity data to accommodate complex management and regulatory reporting. Aleri Liquidity Manager is designed to be the single point for funding decisions and analytics to support all aspects of proactive liquidity management.

The release of Aleri Liquidity Manager underscores Aleris commitment to deliver innovative financial applications that leverage Aleris vector-based Information Engine to solve the most complex data processing and analytic issues facing financial institutions today.

About Aleri
Aleri develops vector-based advanced analytic software solutions that provide business users with complete, n-dimensional views of their business information across multiple data sources in real-time. By commercializing vector processing technology, Aleri can achieve unparalleled performance and scalability when aggregating and analyzing immense volumes of transactional/event-driven data - enabling businesses to leverage un-compromised information for real-time competitive advantage.

Aleri has deep domain expertise in banking and financial services and continues to maintain its robust suite of Atlas Financial Solutions that support wholesale banking, treasury and cash management operations in over 20 major banks worldwide.

Aleri is a private software company backed by leading institutional investors including St. Paul Venture Capital, Allegra Partners, Early Stage Enterprises and Portage Ventures. The Company has offices in Chicago, New York and London.

For more information, please visit www.aleri.com or call +1 312 540 0100 in the US or +44 (0) 1483 740770 in the UK.