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- Treasury Operations
- Who it's for
- Corporate treasury teams
Corporate treasury teams
Corporate treasuries move money between entities, place surplus cash in deposits and hedge FX exposure. A small team often works across time zones and several banks. Each payment needs a second person's approval, and the bank statements must agree with what the desk instructed.
How Treasury Operations is set up for you
Several legal entities
Keep each entity's counterparties, team members and approvals separate, with its own time zone.
Intercompany transfers
Raise each transfer with balanced legs on both entities' accounts and an independent approval.
FX and deposits
Record each deal under the instruction that settles it and complete it on the bank's evidence.
Corporate treasuries move money between entities, place surplus cash in deposits and hedge FX exposure. A small team often works across time zones and several banks. Each payment needs a second person's approval, and the bank statements must agree with what the desk instructed.
Pilot one legal entity and two banks for one month. Load the approved counterparties, the treasury accounts and the team. Run every payment, deposit and FX settlement through preparation, approval, submission and confirmation, and reconcile each account daily. Compare confirmed movements and closing balances with your bank portals before adding entities.
[Plan the rollout](/treasury-operations/implementation), [review relevant modules](/treasury-operations#modules), and [compare the source data](/treasury-operations/data-model).
Features to start with
Counterparties and accounts
Keep the banks, dealers and fund counterparties you may deal with, and the provider-held accounts your instructions move money between.
Review and authorization
Record an independent approve, reject or return decision against the exact revision of each instruction and deal.
Bank instructions
Prepare typed bank instructions with balanced debit and credit legs, supporting documents and a revision on every change.
Roles on the team
- Treasury Manager
- Maintains eligible counterparties, treasury accounts and team membership, and oversees the desk's instructions and deals.
- Treasury Preparer
- Prepares bank instructions with their account legs and attachments, submits treasury deals and requests corrections or cancellations.
- Treasury Approver
- Independently authorizes instruction and deal revisions they did not prepare, recording approve, reject or return decisions.
- Settlement Officer
- Submits authorized instructions to the bank, records provider evidence and confirms settlement on verified evidence.
- Reconciliation Analyst
- Imports account snapshots and provider entries, matches them to instructions and reconciles pending and failed operation receipts.
Set up Treasury Operations your way.
Start free, then use Proto to change fields, steps and approvals before your team goes live.