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DBS launches online treasury tool for CFOs and treasurers

Singapore Business Review
DBS launches online treasury tool for CFOs and treasurers

It can build cash management structures in different currencies.

DBS has launched DBS Treasury Prism, an online cash management simulation tool for chief financial officers (CFO) and corporate treasurers.

According to a press release, it will simulate various structures for a range of international currencies, taking into account the tax and regulatory implications in over 20 markets.

An optimisation score will then be produced from an algorithm that takes into account the interest yield and debt, tax, bank fees, and corporate costs.

DBS Treasury Prism has over 30 liquidity and transactional flow management tools.

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Users will also be provided with updates on over 20 markets' taxes and regulations.

DBS said the Treasury Prism's features were derived from in-depth interviews with over 50 CFOs, corporate treasurers and finance professionals.



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