Planixs Launches Liquidity Data Insights Solution
Posted by Colin Lambert. Last updated: December 6, 2023
Collateral and liquidity management solution provider Planixs has launched Realiti Insights, a solution offering data and analytics, as well as risk, revenue, regulatory and business resiliency insights.
The firm says the solution also acts as an early warning system for financial institutions, as well as a platform to identify potential new revenue streams. It adds it will enable users to focus on delivering enhanced value opportunities by liberating true value from historically disparate and undervalued data sources. A UI will enable senior stakeholders, as well as wider teams, to interrogate and derive insights from data that has typically resided in silos within the organisation, where its existence is often disregarded or its cumulative power left unharnessed.
Planixs explains that the new solution also builds data-driven analytics that can “power up financial institution decision-making” and integrates additional data sets, such as credit default swap prices. At its base case, the firm says Insights can provide information that helps to mitigate liquidity risk, and enables other departments to understand the benefits of knowing their real-time liquidity position. At its most advanced, the firm says it can underpin new business capabilities, inform data-decision making and help identify new revenue streams.
“Not only will Insights power decision making, it can also act as an early warning system for financial institutions, highlighting credit risk and even market sentiment,” says Neville Roberts, Planixs CEO. “How Insights is used is limited only by the imagination of the team or department accessing it. Insights turns unknowns into knowns and enables the C-suite to extract value from historically siloed, difficult-to-access data sources in real-time, on-demand, without having to depend on technical teams and resources, which are already overstretched in many banks and whose time is better spent on delivering revenue-generating initiatives.”