Product | Status | Action | Client Value | NIR Growth | Other Growth | Changes |
---|---|---|---|---|---|---|
Cash Management and Treasury - Currency Deposit | Enabled, deposits under limit for deposit financing | Offer minimum banked CMT of 12% of anticipated cash position for short-term deposit financing | Enables advance payments and onboarding of suppliers onto the Supplier Finance platform to access best-known suppliers for similar goods, reducing supply chain costs and aligning with peers | +0.2% YoY | N/A | Short-term deposit financing will reduce the cost of high-risk, high-cost unlisted suppliers such as "Wuxi Just" in the Client's supply chain by enabling advance payments required to negotiate with known suppliers at the Client's payment volume. |
Cash Management and Treasury - FX Desk | Enabled, FX volume to expense ratios 8.9% higher than peers | Enable Corp FX trading platform for Tier II at a minimum banked CMT of 9% of anticipated cash position | Reduce FX costs proportional to banked assets in alignment with primary banked peers | +4.2 % YoY | N/A | Reduces unit costs while increasing NIR in the form of FX fees |
Asset-Based Financing - Short-Term Deposit Financing | Not enabled | Increase cash management to offer short-term deposit financing on advance payments for specified goods | Enables replacement of high-risk, high-cost suppliers with suppliers that require advance payment on open accounts | +0.2% YoY | +7.8 % YoY | Access to more competitive supplier offers based on current PGR with advance on deposits. |
Supplier Finance Management Solutions - Tier II, #3303 | Not enabled for goods matching profile for primary-banked peers | Offer solution to optimize supply chain | Advisory services and Supplier Finance platform onboarding to automate invoice processing and supplier management with a more competitive cost structure | +6.7% YoY | N/A | Increase in banked assets and purchase of new supplier finance management solution |
Working Capital Solution - Receivables | Not enabled | Alternate option to support advance payments to key suppliers | Reduce unusually high payment volume to high-risk, high-cost supplier type | General terms only | General terms only | Working capital solutions can be generated based upon engagement, with a preference to short-term deposit or receivables financing |