These cookies are required for the website to function properly. They ensure security, enable basic features like page navigation, and store user session data. You cannot disable these cookies.
- Treasury Bills & Bonds
- Who it's for
- Foundations and endowments
Foundations and endowments
Foundations and endowments keep a liquidity sleeve in treasury bills and notes to fund grants and operating needs. The finance team rolls maturities, collects coupons and reconciles custody statements, often across more than one entity.
How Treasury Bills & Bonds is set up for you
Rolling maturities
Schedule maturities and prepare reinvestment instructions ahead of the due date.
Coupon collection
Approve each coupon against the custodian's evidence and investigate short payments.
Several entities
Keep each legal entity's counterparties and accounts separate.
Custody reconciliation
Match custody and bank movements and roll each account forward.
Foundations and endowments keep a liquidity sleeve in treasury bills and notes to fund grants and operating needs. The finance team rolls maturities, collects coupons and reconciles custody statements, often across more than one entity.
Start with the main entity's custody account. Load current holdings with their coupons and maturities, run the next maturity roll through approval and settlement, and reconcile the month. Add other entities once the first month closes cleanly.
[Plan the rollout](/treasury-bills-bonds/implementation), [review the modules](/treasury-bills-bonds#modules), and [compare the source data](/treasury-bills-bonds/data-model).
Features to start with
Counterparties and Accounts
Keep the eligible banks, custodians and broker-dealers and the settlement accounts each one holds.
Bank Instructions
Draft each banking instruction with its counterparty, amount, value date and balanced debit and credit accounts.
Review Queue
Record an independent approver's decision on the exact version of each instruction and cash flow.
Roles on the team
- Treasury Preparer
- Drafts banking instructions with their balanced account scope and schedules coupon and maturity cash flows for held securities.
- Treasury Approver
- Independently approves, rejects or returns each submitted instruction version and each scheduled coupon or maturity reconciliation.
- Reconciliation Accountant
- Imports balance snapshots and provider movements and matches them to instructions.
Set up Treasury Bills & Bonds your way.
Start free, then use Proto to change fields, steps and approvals before your team goes live.