Global Blue-Chip client projects
PreFIS has delivered consultancy and solution implementations to an extensive client base of Wallstreet Suite users around the globe, from central banks, to government debt agencies, banks and corporate treasuries. Their achievement of optimum value from Wallstreet solutions and our successful delivery of projects has led to long-standing relationships.
THE ROAD TO MASTRICHT: WALL STREET SYSTEMS SUPPORTS PROJECT TO CREATE MODEL DEBT AGENCY IN SLOVAK REPUBLIC
Daniel Bytčánek, Head of ARDAL says, for us the benefits are evident. We now spend 80% of our time managing debt and only 20% on data collection, whereas previously the reverse was the case. We now see ourselves as an asset management function rather than simply debt management and the Wallstreet Suite has played an integral part in this. As a new EMU zone country, we are now on the radar of many potential investors. And we are also pleased to be working with other European debt management agencies to help them improve their processes.
ARDAL has gone from ground zero to a fully functional debt management office in a mere ten months following going live on the Wallstreet Suite.
Daniel Bytčánek, Head of ARDAL (Agency for Debt and Liquidity Management, Slovak republic
CROATIAN MINISTRY OF FINACE IMPLEMENTS DEBT MANAGEMENT SOLUTION FROM WALL STREET SYSTEMS
The Wallstreet Suite implementation has enabled the improvement of our debt management practices, in line with European and international best standards,
said Hrvoje Radovanic, head of the Public Debt Management Department at the Ministry of Finance. The cooperation between the Ministry of Finance and the PreFIS team was an integral part of this project and we were particularly impressed with the speed and efficiency of the installation. We're confident that we now have a robust, secure and effective solution for debt record-keeping, risk analysis and the management of public debt.
Hrvoje Radovanic, Head of the Public Debt Management Department, Ministry of Finance Croatia
NATIONAL BANK OF SLOVAKIA GOES LIVE WITH WALLSTREET SUITE
Wall Street Systems (Wallstreet), the global provider of treasury, trading and settlement solutions and services, today announces the successful go-live of Wallstreet Suite with the National Bank of Slovakia (NBS). NBS chose Wallstreet Suite to help support:
- NBS reserve management operations and settlement of ECB reserve management operations
- management and comparison of portfolio risk figures to selected benchmark
- monetary policy operations including domestic and cross border collateral management via SWIFT
- asset assessment, auctions and specific reporting requirements
- implement fully automated STP processing from Front Office through Back Office to Accounting
- compliance with Eurozone standards
Wallstreet worked in partnership with PreFIS, which led implementation and client support in the region.
PreFIS has worked with Wallstreet in the region over a period of eight years and has now been the partner in many central bank and debt management implementation projects, including ARDAL in Slovakia (Debt and Liquidity Management Agency), Central Bank of Finland, Netherlands, Chile, Bundesbank, ECB, EIB, Ministry of Finance Croatia and many financial institutions all over the world. PreFIS acts as Wallstreet’s business partner in the field of sales, implementation, content and technical support for Wallstreet’s treasury management clients.
With around 98 per cent of Eurozone reserves and a growing number of other global central banks now run on Wallstreet Suite, it has become the central banking platform of choice. The Slovak Republic adopted the single European currency since 1st January 2009. Recently joining the European System of Central Banks (ESCB), NBS will benefit from Wallstreet Suite’s risk management and central banking accounting functionality.
Wallstreet Suite has been chosen to support the NBS reserve management and bookkeeping and is the platform of choice for central bank operations, and the NBS has been satisfied with the quality of its implementation.
Teemu Virtanen, Director of Government Sales, Wall Street Systems, said: By using Wallstreet Suite, the National Bank of Slovakia will benefit from a system that has been tailored to meet the needs of the central banks in the Eurozone. We are delighted to be working with PreFIS in supporting the bank at this time.
Viera Bieliková, CEO at PreFIS said: The power and flexibility of Wallstreet Suite makes it the natural choice of central banks and debt management offices and we have perfected implementation to meet the regulatory, technological and strategic requirements of our clients.
Wallstreet Suite is fully pre-configured for central banks, based on proven methodologies, expert insights and industry best practices to ensure optimum use. It enables efficient reserve management, asset management and monetary policy execution in a single integrated system, and provides front-toback office support across all operations and through to the accounting function.