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 Operations
- Who it's for
- Fund and asset managers
Fund and asset managers
Fund and asset managers place cash with banks and money market counterparties, settle FX for subscriptions and redemptions, and answer to custodians and auditors. Counterparty eligibility is tightly defined, and every settlement needs evidence that the custodian or bank can confirm.
How Treasury Operations is set up for you
Eligible counterparties
Record which banks and fund counterparties are approved for which products in the eligibility note.
Deal evidence
Keep the counterparty's confirmation on each deal and complete it only on verified settlement evidence.
Custody accounts
Record each custody and cash account with the provider's account identifier for exact matching.
Fund and asset managers place cash with banks and money market counterparties, settle FX for subscriptions and redemptions, and answer to custodians and auditors. Counterparty eligibility is tightly defined, and every settlement needs evidence that the custodian or bank can confirm.
Pilot one fund and its custodian for one month. Load the eligible counterparties, the fund's cash and custody accounts and the desk team. Run every deposit and FX deal through approval and settlement, and reconcile the custodian's statements daily. Review exceptions with the operations lead before adding funds.
[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.
Bank instructions
Prepare typed bank instructions with balanced debit and credit legs, supporting documents and a revision on every change.
Review and authorization
Record an independent approve, reject or return decision against the exact revision of each instruction and deal.
Roles on the team
- 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.
- Viewer
- Reads instructions, deals, decisions and reconciliation results without changing them.
Set up Treasury Operations your way.
Start free, then use Proto to change fields, steps and approvals before your team goes live.