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Deutsche Bank’s Andreas Hauser explores the case for real-time reporting
January 30, 2020
In the wake of the 2008 financial crisis, the desire for real-time cash-balance liquidity reporting began to build. Fast forward, however, and its implementation within the banking industry remains limited. In an article for Global Banking and Finance Review, Deutsche Bank’s Andreas Hauser argues that now is the time to revive this momentum and take action.
For banks seeking to improve their visibility over liquidity flows today, real-time reporting, which can already be carried out to a high standard, is their best strategy. What’s more, when compared to global projects, such as the ISO 20022 migration, the cost of implementation is negligible and can be achieved relatively quickly. Investing early, rather than waiting on new developments or mandates, will prove to be a beneficial move for banks – and one that will be swiftly rewarded.
The article can be read here.
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