THE ART Of RISK AND TREASURY

Within Large and successful Organizations, there is a Revenue Centre. None other than the Corporate Treasury Department, it generally manages corporate finances, and ensures judicious use of surpluses in Investment/ deposits and Money Market operations and also raises cst effective finance for the Organization’s short term and long term operations. Apart from these functions, the Treasury Department is also responsible for carrying out the Board’s directive in organizational policies associated with the financial exposure of an organization, while transacting any third party financial arrangements. Adherence to these policies needs to be monitored to avoid preventable financial exposure / risk.

In Organizations where no Treasury solutions are in place, it is quite possible that when the Treasury Manager or a Dealer directly deals with counter parties, for making financial arrangement, (which may be in the form of an investment / deposit / loan etc) there is a possibility of human error and possible deviation or even deliberate sidestepping (without approvals) of the Treasury policy, exposing the organization to large exposures that may lead to embarrassing losses. This also can harm the reputation and image of a Corporation. In order to avoid such situations, Arowana Consulting Limited, joined hands with certain leading Corporate Organizations and Treasury Domain experts to develop a simple product called Arowana Risk and Treasury Solution (ART) which is suitable for any Corporate Organization, involved with day to day Market operations in the Money Markets and Currency Markets. ART interfaces with ERP solutions, Business Intelligence and Dashboard programmes, which means that the day to day operations of your Treasury desk is transparent and can be monitored and set to raise appropriate alerts.